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FINANCIAL_SERVICESAPPROVED

Cowden-Herrick C.U.S.D. 3A Board of Education Meeting Minutes July 2025

$2.39M CD Placed With United Fidelity Bank

$2,389,420.32Cowden-Herrick CUSD 3AUNITED FIDELITY BANKJuly 10, 2025

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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

Description

The Board approved a 10-month certificate of deposit with United Fidelity Bank for $2,389,420.32 at 4.60% interest. This financial services action was unanimously passed in July 2025.

Contract Details

Contract Amount

$2,389,420.32

Vendor

UNITED FIDELITY BANK

Agency

Cowden-Herrick CUSD 3A, IL

Contract Type

FINANCIAL_SERVICES

Document Date

July 10, 2025

Contract Term

10 months

Renewal Date

2026-05-10

Renewal Info

Term is 10 months; renewal or rollover terms not specified in minutes.

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