FINANCIAL_SERVICESAPPROVED

Selmaville CCSD 10 Awards Financial Services Contract to Marion County Savings Bank (July 2025)

The Selmaville C.C.S.D. #10 Board approved investing $1,000,000 in a CD ladder with Marion County Savings Bank, spread across 6-, 12-, and 18-month terms. The action is intended to manage district funds through staggered maturities at a local financial institution.

Status
APPROVED
Document date
July 14, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Marion County Savings Bank
Agency
Selmaville CCSD 10 · IL

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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
$1,000,000 (CD ladder: 6 month $500,000; 12 month $250,000; 18 month $250,000)
Contract type
FINANCIAL_SERVICES
Contract term
6-month, 12-month, and 18-month certificates of deposit
Renewal
CD ladder includes three fixed-term certificates of deposit: 6 months, 12 months, and 18 months; reinvestment or renewal at maturity to be determined by the Board at a future date.
Document type
Minutes
Source document
Selmaville C.C.S.D. Board of Education Meeting Minutes July 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Selmaville CCSD 10?

Marion County Savings Bank was awarded this financial services contract by Selmaville CCSD 10, as recorded on July 14, 2025. The contract value is $1,000,000 (CD ladder: 6 month $500,000; 12 month $250,000; 18 month $250,000).

How much is the Marion County Savings Bank contract with Selmaville CCSD 10 worth?

The Marion County Savings Bank contract with Selmaville CCSD 10 is valued at $1,000,000 (CD ladder: 6 month $500,000; 12 month $250,000; 18 month $250,000), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Selmaville C.C.S.D. Board of Education Meeting Minutes July 2025 (Minutes), dated July 14, 2025 from Selmaville CCSD 10. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Marion County Savings Bank hold?

Marion County Savings 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 Marion County Savings Bank's profile

What is Selmaville CCSD 10 currently buying?

Explore Selmaville CCSD 10's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Selmaville CCSD 10's profile

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