Metamora Community Consolidated School District No. 1 Board Meeting Agenda Packet May 2026
Cornerstone Bank CD investment reaches maturity
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Description
The district held a certificate of deposit with Cornerstone Bank costing $239,900.00 that matured on April 8, 2026. The investment generated $9,873.55 in interest for the General Fund.
Contract Details
Contract Amount
$239,900.00
Vendor
CORNERSTONE BANK
Agency
Metamora CCSD 1, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Contract Term
April 9, 2025 – April 8, 2026 (CD-1377738-1)
Renewal Date
2026-04-08
Renewal Info
No renewal indicated; CD matured April 8, 2026 and proceeds were redeemed.
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