County Places $600,000 in Short-Term LNB CD
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Description
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.
Contract Details
Contract Amount
$600,000
Vendor
LNB
Agency
Montgomery County, IL
Contract Type
FINANCIAL_SERVICES
Document Date
March 12, 2026
Contract Term
276 days at 4.00% starting 10/02/26
Renewal Date
2027-07-06
Renewal Info
CD set for a 276-day term from 10/02/26; no renewal terms identified in the report.
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Montgomery County Board Coordinating Committee Meeting Minutes April 2026
Montgomery County Board Coordinating Committee Meeting Minutes April 2026
Montgomery County Board Coordinating Committee Meeting Minutes April 2026
Montgomery County Board Coordinating Committee Meeting Minutes April 2026
Montgomery County Board Coordinating Committee Meeting Minutes April 2026
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