FINANCIAL_SERVICESRECOMMENDED

Village Plans Renewal of Sewer CD at Citizens Bank

The Village of Smithton discussed the upcoming maturity of a $200,000 sewer certificate of deposit at Citizens Community Bank and reached consensus to reinvest it there for 24 months at a 3.25% interest rate. The final interest rate will be confirmed prior to the 7/23/26 maturity date.

Status
RECOMMENDED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Citizens Community Bank
Agency
Town of Smithton · 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
$200,000
Contract type
FINANCIAL_SERVICES
Contract term
24 months at 3.25% interest, beginning on or about 2026-07-23
Renewal date
2028-07-23
Renewal
Existing sewer CD set to renew for an additional 24 months at a targeted 3.25% interest rate, subject to verification of rates before the 7/23/26 maturity date.
Document type
Minutes
Source document
Village of Smithton Committee as a Whole Meeting Minutes 2026-07-14

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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 Smithton?

Citizens Community Bank was awarded this financial services contract by Town of Smithton, as recorded on July 14, 2026. The contract value is $200,000.

How much is the Citizens Community Bank contract with Town of Smithton worth?

The Citizens Community Bank contract with Town of Smithton is valued at $200,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Smithton Committee as a Whole Meeting Minutes 2026-07-14 (Minutes), dated July 14, 2026 from Town of Smithton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citizens Community Bank hold?

Citizens Community 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.

View Citizens Community Bank's profile

What is Town of Smithton currently buying?

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

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