CONTRACTONGOING

Cumberland Federal Bank CD in District Holdings

Disclosed value: $245,600.00; From agendapacket
Document date: Dec 8, 2025
Term: November 6, 2025 – April 30, 2026

What it covers

Downers Grove School District 58 invested $245,600 in a 3.653% CD with Cumberland Federal Bank, WI, through April 30, 2026, as a safe income‑producing asset.

Who holds it

Cumberland Federal Bank Fsb Wi holds this financial services contract with Downers Grove GSD 58. Its other public contracts on record include work for Barrington CUSD 220.

What happens next

Term as filed: November 6, 2025 – April 30, 2026.

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Contract details

Contract type: Financial Services
Amount: $245,600.00
Document date: December 8, 2025
Term: November 6, 2025 – April 30, 2026
Vendor: Cumberland Federal Bank Fsb Wi
Agency: Downers Grove GSD 58
Source document: Downers Grove Civic Center Regular Board Meeting Agenda December 2025 (AgendaPacket)

Cumberland Federal Bank Fsb Wi's other public contracts

Barrington CUSD 220, IllinoisDistrict Reports Cumberland Federal Investment · Aug 12, 2026$241.1K Downers Grove GSD 58, IllinoisCumberland Federal Bank CD Supports Capital Fund · Dec 8, 2025$245.6K Barrington CUSD 220, IllinoisFixed-Rate Deposit at Cumberland Federal Bank · Nov 10, 2025$243.3K Barrington CUSD 220, IllinoisCumberland Federal Bank Time Deposit Listed in Portfolio · Aug 14, 2025$243.3K Barrington CUSD 220, IllinoisCumberland Federal Bank WI CD Held by District 220 · Jul 7, 2025$243.3K All Cumberland Federal Bank Fsb Wi contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Downers Grove GSD 58?

Cumberland Federal Bank Fsb Wi was awarded this financial services contract by Downers Grove GSD 58, as recorded on December 8, 2025. The contract value is $245,600.00.

How much is the Cumberland Federal Bank Fsb Wi contract with Downers Grove GSD 58 worth?

The Cumberland Federal Bank Fsb Wi contract with Downers Grove GSD 58 is valued at $245,600.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Downers Grove Civic Center Regular Board Meeting Agenda December 2025 (AgendaPacket), dated December 8, 2025 from Downers Grove GSD 58. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cumberland Federal Bank Fsb Wi hold?

Cumberland Federal Bank Fsb Wi may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Downers Grove GSD 58 currently buying?

Explore Downers Grove GSD 58's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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