Gurnee School District 56 Regular Meeting Agenda April 22, 2026
FirstBank Southwest CD for District
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Description
Gurnee School District 56 invested $243,400.00 in a certificate of deposit with FirstBank Southwest at 3.842%, maturing June 4, 2026.
Contract Details
Contract Amount
$243,400.00 (par value $249,934.04)
Vendor
FIRSTBANK SOUTHWEST
Agency
Gurnee SD 56, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Contract Term
Certificate of deposit, 09/22/2025 – 06/04/2026, rate 3.842%
Renewal Date
2026-06-04
Renewal Info
Fixed-term CD; decision on renewal will be made as it nears maturity.
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