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Schaumburg Bank & Trust NA CD Held by District

Itasca SD 10 logoItasca SD 10
Disclosed value
$242,000.00
From report
Document date
Aug 29, 2025
Term
Purchase 6/6/2025 – Maturity 3/30/2026

The 30-second brief

What it covers

Itasca School District 10 invested $242,000 in a 4.01% FDIC-insured CD with Schaumburg Bank & Trust Company, National Association, maturing March 30, 2026. The CD generates reported interest of $57,103.

Who holds it

Schaumburg Bank & Trust Company National Association holds this financial services contract with Itasca SD 10. Its other public contracts on record include work for Will County SD 92 and Mundelein Cons HSD 120.

What happens next

Term as filed: Purchase 6/6/2025 – Maturity 3/30/2026.

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Contract details

Contract type
Financial Services
Amount
$242,000.00
Document date
August 29, 2025
Term
Purchase 6/6/2025 – Maturity 3/30/2026
Vendor
Schaumburg Bank & Trust Company National Association
Agency
Itasca SD 10
Source document
Itasca School District 10 Financial Reports August 2025 (Report)

Schaumburg Bank & Trust Company National Association's other public contracts

Will County SD 92, IllinoisDistrict Reports Schaumburg Bank Investment Holding · Sep 30, 2026$243.7KMundelein Cons HSD 120, IllinoisDistrict Reports Schaumburg Bank CD · Sep 9, 2026$247KWinnetka SD 36, IllinoisSchool District Holds CD With Schaumburg Bank · Aug 6, 2026$245.7KCenter Cass SD 66, IllinoisSchaumburg Bank & Trust Hosts District CD · Sep 30, 2025$190KGurnee SD 56, IllinoisCD Investment with Schaumburg Bank & Trust Company N.A. · Jul 17, 2025$247.3K

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Questions about this contract

Who was awarded the financial services contract by Itasca SD 10?

Schaumburg Bank & Trust Company National Association was awarded this financial services contract by Itasca SD 10, as recorded on August 29, 2025. The contract value is $242,000.00.

How much is the Schaumburg Bank & Trust Company National Association contract with Itasca SD 10 worth?

The Schaumburg Bank & Trust Company National Association contract with Itasca SD 10 is valued at $242,000.00, covering financial services work.

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 Itasca School District 10 Financial Reports August 2025 (Report), dated August 29, 2025 from Itasca SD 10. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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