FINANCIAL_SERVICESAPPROVED

City of Chester Awards $108,000 Financial Services Contract to Toyota Financial Savings Bank (August 2025)

The City of Chester invested a $108,000 brokered certificate of deposit from the Natural Gas Fund with Toyota Financial Savings Bank for two years at 4% interest. The move aims to earn higher returns on utility reserve funds.

Status
APPROVED
Document date
August 18, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Toyota Financial Savings Bank
Agency
City of Chester · IL

Trusted by teams at

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
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
$108,000.00
Contract type
FINANCIAL_SERVICES
Contract term
2-year brokered CD at 4%
Renewal
Brokered CD established for a two-year term at 4%; renewal or reinvestment decision will be needed at maturity.
Document type
Minutes
Source document
city-of-chester-meeting-minutes-august-18-2025_470.md

Related contracts

Other contracts from Toyota Financial Savings Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Chester?

Toyota Financial Savings Bank was awarded this financial services contract by City of Chester, as recorded on August 18, 2025. The contract value is $108,000.00.

How much is the Toyota Financial Savings Bank contract with City of Chester worth?

The Toyota Financial Savings Bank contract with City of Chester is valued at $108,000.00, 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 city-of-chester-meeting-minutes-august-18-2025_470.md (Minutes), dated August 18, 2025 from City of Chester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Toyota Financial Savings Bank hold?

Toyota Financial 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 Toyota Financial Savings Bank's profile

What is City of Chester currently buying?

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

View City of Chester's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free