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Gurnee SD 56 Awards $242,318 Investment Contract to First Source Bank (September 2025)

Gurnee SD 56 logoGurnee SD 56
Disclosed value
$242,317.60
From report
Approved
Sep 30, 2025
Term
June 24, 2025 – March 24, 2026

The 30-second brief

What it covers

FIRST SOURCE BANK awarded a $242,317.60 investment contract for government securities from June 24, 2025 to March 24, 2026.

Who holds it

First Source Bank holds this investment contract with Gurnee SD 56. Its other public contracts on record include work for Town of Hebron and City of Elkhart.

What happens next

Term as filed: June 24, 2025 – March 24, 2026.

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Contract details

Contract type
Investment
Amount
$242,317.60
Document date
September 30, 2025
Term
June 24, 2025 – March 24, 2026
Vendor
First Source Bank
Agency
Gurnee SD 56
Source document
gurnee_school_district_56_master_total_portfolio_r.pdf (Report)

First Source Bank's other public contracts

Town of Hebron, IndianaHRC Approves First Source Bank Fire Station Payment · Jul 6, 2026$16.8KCity of Elkhart, IndianaTravel and Training Card Expenses via First Source Bank · Apr 28, 2026UndisclosedTown of Galien, MichiganFirst Source Bank Added as Township Depository · Apr 9, 2026UndisclosedCity of Valparaiso, IndianaCity Pursues Amphitheater Naming Rights Deal · Mar 23, 2026UndisclosedTown of Pavilion, MichiganFirst Source Bank Approved as Township Depository · Mar 9, 2026UndisclosedAll First Source Bank contractsVendor profile

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Questions about this contract

Who was awarded the investment contract by Gurnee SD 56?

First Source Bank was awarded this investment contract by Gurnee SD 56, as recorded on September 30, 2025. The contract value is $242,317.60.

How much is the First Source Bank contract with Gurnee SD 56 worth?

The First Source Bank contract with Gurnee SD 56 is valued at $242,317.60, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a report record.

Where was this contract approved?

This contract appears in gurnee_school_district_56_master_total_portfolio_r.pdf (Report), dated September 30, 2025 from Gurnee SD 56. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Source Bank hold?

First Source 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.

What is Gurnee SD 56 currently buying?

Explore Gurnee SD 56's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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