FINANCIAL_SERVICESONGOING

District Invests with American Commercial Bank & Trust Through 2027

Independent School District No. 129 invests $236,700.00 with American Commercial Bank & Trust at 3.96% interest, maturing January 25, 2027. The investment forms part of the district’s extended maturity ladder.

Status
ONGOING
Document date
April 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
American Commercial Bank & Trust
Agency
Montevideo Public School District · MN

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Maturity date 1/25/2027 at 3.96% interest
Renewal date
2027-01-25
Renewal
Investment has a fixed maturity on 2027-01-25; the report does not indicate any automatic renewal terms.
Document type
Report
Source document
Independent School District No. 129 Treasurer's Report April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Montevideo Public School District?

American Commercial Bank & Trust was awarded this financial services contract by Montevideo Public School District, as recorded on April 1, 2026.

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 Independent School District No. 129 Treasurer's Report April 2026 (Report), dated April 1, 2026 from Montevideo Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Commercial Bank & Trust hold?

American Commercial Bank & Trust 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 American Commercial Bank & Trust's profile

What is Montevideo Public School District currently buying?

Explore Montevideo Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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