FINANCIAL_SERVICESPENDING

Board Weighs $250K Maintenance CD Rollover

The Board will discuss rolling roughly half of the existing Maintenance CD 15 into a new $250,000, 20‑week certificate of deposit at the Bank of Madison County at 3.70% APY when it matures on January 19, 2026. Remaining funds and interest would be moved into the district’s maintenance money market deposit account.

Status
PENDING
Document date
January 8, 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
$250,000
Contract type
FINANCIAL_SERVICES
Contract term
20 weeks at 3.70% APY starting 2026-01-19 (maturity of existing CD)
Renewal date
2026-06-09
Renewal
Existing Maintenance CD 15 (*0298) is proposed to be partially rolled into a new 20-week CD at maturity on 2026-01-19; subsequent renewal terms for the new CD are not specified.
Document type
Agenda
Source document
Wood River Drainage and Levee District Meeting Agenda January 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 Town of Levee?

Bank of Madison County was awarded this financial services contract by Town of Levee, as recorded on January 8, 2026. The contract value is $250,000.

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 $250,000, 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 Meeting Agenda January 2026 (Agenda), dated January 8, 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.

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