$2.39M CD Placed With United Fidelity Bank
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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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Cowden-Herrick C.U.S.D. 3A Board of Education Meeting Minutes January 2026
Cowden-Herrick C.U.S.D. #3A Board Meeting Agenda January 2026
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