FINANCIAL_SERVICESPENDING

District Plans New 7-Month CD With Bank of Madison County

The Wood River Drainage and Levee District will discuss rolling $244,000.00 from Maintenance CD #20 into a new 7‑month CD with the Bank of Madison County at 3.75% APY upon maturity on July 13, 2026. Remaining principal and interest will be deposited into the district’s Maintenance MMDA account.

Status
PENDING
Document date
July 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of Madison County
Agency
Town of Levee · 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
$244,000.00
Contract type
FINANCIAL_SERVICES
Contract term
7 months at 3.75% APY starting 07/13/2026 (upon CD maturity)
Renewal date
2027-02-13
Renewal
This is a reinvestment of an existing CD into a new 7‑month term with Bank of Madison County; future renewals will depend on subsequent board action.
Document type
Agenda
Source document
Wood River Drainage and Levee District Agenda 2026-07-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Levee?

Bank of Madison County was awarded this financial services contract by Town of Levee, as recorded on July 2, 2026. The contract value is $244,000.00.

How much is the Bank of Madison County contract with Town of Levee worth?

The Bank of Madison County contract with Town of Levee is valued at $244,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Wood River Drainage and Levee District Agenda 2026-07-02 (Agenda), dated July 2, 2026 from Town of Levee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Madison County hold?

Bank of Madison County 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 Town of Levee currently buying?

Explore Town of Levee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Levee's profile

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