FINANCIAL_SERVICESAPPROVED

City of Lincoln city Awards Financial Services Contract to Tremont First National Bank (July 2026)

The Lincoln City Council authorized reinvestment of a $731,937.10 certificate of deposit at Tremont First National Bank for seven months at 3.41% interest. The move extends the city’s short-term investment with the bank.

Status
APPROVED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Tremont First National Bank
Agency
City of Lincoln city · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$731,937.10 at 3.41% interest
Contract type
FINANCIAL_SERVICES
Contract term
Seven months
Renewal
Seven-month CD reinvestment; renewal or rollover after maturity would require future council action or bank instructions.
Document type
Agenda
Source document
City of Lincoln Agenda Regular City Council Meeting 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lincoln city?

Tremont First National Bank was awarded this financial services contract by City of Lincoln city, as recorded on July 20, 2026. The contract value is $731,937.10 at 3.41% interest.

How much is the Tremont First National Bank contract with City of Lincoln city worth?

The Tremont First National Bank contract with City of Lincoln city is valued at $731,937.10 at 3.41% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Lincoln Agenda Regular City Council Meeting 2026-07-20 (Agenda), dated July 20, 2026 from City of Lincoln city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tremont First National Bank hold?

Tremont First National Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Tremont First National Bank's profile

What is City of Lincoln city currently buying?

Explore City of Lincoln city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Lincoln city's profile

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