FINANCIAL_SERVICESONGOING

County Places $600,000 in Short-Term LNB CD

Montgomery County invested $600,000 in a 276-day certificate of deposit with LNB at 4.00% interest beginning 10/02/26, using accumulated funds for interest earnings.

Status
ONGOING
Document date
March 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
LNB
Agency
Montgomery County · IL

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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
$600,000
Contract type
FINANCIAL_SERVICES
Contract term
276 days at 4.00% starting 10/02/26
Renewal date
2027-07-06
Renewal
CD set for a 276-day term from 10/02/26; no renewal terms identified in the report.
Document type
Report
Source document
Montgomery County Royalty Payments Summary Report FY26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Montgomery County?

LNB was awarded this financial services contract by Montgomery County, as recorded on March 12, 2026. The contract value is $600,000.

How much is the LNB contract with Montgomery County worth?

The LNB contract with Montgomery County is valued at $600,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Montgomery County Royalty Payments Summary Report FY26 (Report), dated March 12, 2026 from Montgomery County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does LNB hold?

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

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What is Montgomery County currently buying?

Explore Montgomery County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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