CONTRACTONGOING

Bank of America CD Manages District Surplus Cash

Disclosed value: $237,319.11; From agendapacket
Document date: Dec 8, 2025
Term: May 22, 2025 – May 21, 2026

What it covers

The district invested $237,319.11 in a 3.98% CD at Bank of America NA, NC, maturing May 21, 2026, as part of its CD ladder.

Who holds it

Bank of America Na Nc holds this financial services contract with Downers Grove GSD 58. Its other public contracts on record include work for Palmdale Water District and Elyria City Schools.

What happens next

Term as filed: May 22, 2025 – May 21, 2026.

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Contract details

Contract type: Financial Services
Amount: $237,319.11
Document date: December 8, 2025
Term: May 22, 2025 – May 21, 2026
Vendor: Bank of America Na Nc
Agency: Downers Grove GSD 58
Source document: Downers Grove Civic Center Regular Board Meeting Agenda December 2025 (AgendaPacket)

Bank of America Na Nc's other public contracts

Downers Grove GSD 58, IllinoisBank of America NA CD Invests District Capital Proceeds · Dec 8, 2025$237.3K Palmdale Water District, CaliforniaRate Stabilization CD with Bank of America NA NC · Nov 25, 2025$250K Palmdale Water District, CaliforniaRate Stabilization Investment with Bank of America NA NC · Sep 16, 2025 Elyria City Schools, OhioDistrict CD Investment with Bank of America NA · Mar 31, 2025 Perry Local Schools, OhioBank of America NA High-Yield CD for District · Feb 28, 2025$244.4K All Bank of America Na Nc contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Downers Grove GSD 58?

Bank of America Na Nc was awarded this financial services contract by Downers Grove GSD 58, as recorded on December 8, 2025. The contract value is $237,319.11.

How much is the Bank of America Na Nc contract with Downers Grove GSD 58 worth?

The Bank of America Na Nc contract with Downers Grove GSD 58 is valued at $237,319.11, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Downers Grove Civic Center Regular Board Meeting Agenda December 2025 (AgendaPacket), dated December 8, 2025 from Downers Grove GSD 58. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of America Na Nc hold?

Bank of America Na Nc 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 Downers Grove GSD 58 currently buying?

Explore Downers Grove GSD 58's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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