FINANCIAL_SERVICESAWARDED

River Forest village Awards Financial Services Contract to Forest Park National Bank (January 2026)

The Village of River Forest awarded a $600,000 bond issuance to Forest Park National Bank at rates of 3.00% and 3.10% over two years. Proceeds will fund municipal infrastructure projects per ordinance adopted January 26, 2026. The bond closing will take place February 11, 2026.

Status
AWARDED
Document date
January 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Forest Park National Bank
Agency
River Forest village · IL

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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
$600,000 (bonds principal)
Contract type
FINANCIAL_SERVICES
Contract term
February 11, 2026 – December 1, 2027 (maturity)
Renewal date
2027-12-01
Renewal
No automatic renewal; bonds mature December 1, 2027. Prior issuance was with same bank but for prior years. New bond series.
Document type
Agenda
Source document
Village of River Forest Board 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 River Forest village?

Forest Park National Bank was awarded this financial services contract by River Forest village, as recorded on January 26, 2026. The contract value is $600,000 (bonds principal).

How much is the Forest Park National Bank contract with River Forest village worth?

The Forest Park National Bank contract with River Forest village is valued at $600,000 (bonds principal), 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 Village of River Forest Board Meeting Agenda January 2026 (Agenda), dated January 26, 2026 from River Forest village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Forest Park National Bank hold?

Forest Park National 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 Forest Park National Bank's profile

What is River Forest village currently buying?

Explore River Forest village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View River Forest village's profile

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