FINANCIAL_SERVICESRECOMMENDED

Committee Recommends CD Reinvestment at Local Bank

The Village of Freeburg Finance Committee recommended reinvesting a $60,456.06 Electric CD maturing August 9, 2026, into a new 6‑month certificate at Citizens Community Bank. The recommendation will be forwarded to the full Board for final approval.

Status
RECOMMENDED
Document date
July 29, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Citizens Community Bank
Agency
Town of Freeburg · 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
$60,456.06
Contract type
FINANCIAL_SERVICES
Contract term
6 months, starting August 9, 2026
Renewal
Single 6‑month reinvestment of an existing Electric CD; future reinvestment decisions to be made upon maturity.
Document type
Minutes
Source document
Village of Freeburg Finance Committee Minutes 2026-07-29

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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 Freeburg?

Citizens Community Bank was awarded this financial services contract by Town of Freeburg, as recorded on July 29, 2026. The contract value is $60,456.06.

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

The Citizens Community Bank contract with Town of Freeburg is valued at $60,456.06, 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 Freeburg Finance Committee Minutes 2026-07-29 (Minutes), dated July 29, 2026 from Town of Freeburg. 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 Freeburg currently buying?

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

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