FINANCIAL_SERVICESAPPROVED

Waterloo CUSD 5 Awards Financial Services Contract to First National Bank (June 2026)

Waterloo CUSD 5 authorized a $500,000.00 investment with First National Bank at 3.95% interest, maturing July 15, 2026. The short-term deposit is part of the district's cash management strategy.

Status
APPROVED
Document date
June 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First National Bank
Agency
Waterloo CUSD 5 · IL

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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
$500,000.00 at 3.95% for 48 days
Contract type
FINANCIAL_SERVICES
Contract term
48 days, maturing 2026-07-15
Renewal date
2026-07-15
Renewal
Single short-term investment maturing on July 15, 2026; no renewal terms specified.
Document type
Minutes
Source document
Waterloo Community Unit School District No. 5 Minutes Regular Meeting 2026-06-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Waterloo CUSD 5?

First National Bank was awarded this financial services contract by Waterloo CUSD 5, as recorded on June 15, 2026. The contract value is $500,000.00 at 3.95% for 48 days.

How much is the First National Bank contract with Waterloo CUSD 5 worth?

The First National Bank contract with Waterloo CUSD 5 is valued at $500,000.00 at 3.95% for 48 days, 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 Waterloo Community Unit School District No. 5 Minutes Regular Meeting 2026-06-15 (Minutes), dated June 15, 2026 from Waterloo CUSD 5. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank hold?

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 First National Bank's profile

What is Waterloo CUSD 5 currently buying?

Explore Waterloo CUSD 5's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Waterloo CUSD 5's profile

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