Iroquois Federal Financing Proposal Declined

Iroquois Federal offered a 4.79% interest rate to finance $1,500,000 in General Obligation Debt Certificates. The Board did not award the financing to Iroquois Federal, selecting Fisher National Bank instead.

Document date · August 21, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Proposal was not accepted; no financing agreement or renewal applicable.

Document type

Minutes

Source document

board_of_trustees_meeting_minutes_august_2025.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Danville Area Community College?

Iroquois Federal was awarded this financial services contract by Danville Area Community College, as recorded on August 21, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in board_of_trustees_meeting_minutes_august_2025.pdf (Minutes), dated August 21, 2025 from Danville Area Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Iroquois Federal hold?

Iroquois Federal may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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