FINANCIAL_SERVICESONGOING

CDARS Investment Placed with Colony Bank

The district placed $243,500 with Colony Bank via a CDARS investment at 3.80% APR, maturing April 16, 2026 for $248,157.59. This deposit formed part of a $25 million diversified CD portfolio.

Status
ONGOING
Document date
May 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Colony Bank
Agency
Valley View CUSD 365U · IL

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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
$243,500.00 principal (maturity value $248,157.59)
Contract type
FINANCIAL_SERVICES
Contract term
10/16/2025 – 4/16/2026
Renewal date
2026-04-16
Renewal
Time-limited CDARS deposit; no automatic renewal terms described.
Document type
Report
Source document
Valley View School District 365 Treasurer's Action Report Summary of Investments 2026-05-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Valley View CUSD 365U?

Colony Bank was awarded this financial services contract by Valley View CUSD 365U, as recorded on May 11, 2026. The contract value is $243,500.00 principal (maturity value $248,157.59).

How much is the Colony Bank contract with Valley View CUSD 365U worth?

The Colony Bank contract with Valley View CUSD 365U is valued at $243,500.00 principal (maturity value $248,157.59), 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 Valley View School District 365 Treasurer's Action Report Summary of Investments 2026-05-11 (Report), dated May 11, 2026 from Valley View CUSD 365U. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Colony Bank hold?

Colony Bank 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 Valley View CUSD 365U currently buying?

Explore Valley View CUSD 365U's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Valley View CUSD 365U's profile

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