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Madison County Invests $1M CD at 3.90%

Madison County logoMadison County
Disclosed value
$1,000,000.00
From minutes
Document date
Mar 18, 2026
Renews
Free account

The 30-second brief

What it covers

The County has a $1,000,000 certificate of deposit with BANK OF HILLSBORO at 3.90% interest, maturing December 10, 2026. It forms part of the county’s investment holdings.

Who holds it

Bank of Hillsboro holds this financial services contract with Madison County. Its other public contracts on record include work for City of White.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Madison County contract.

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Contract details

Contract type
Financial Services
Amount
$1,000,000.00
Document date
March 18, 2026
Term
Certificate of Deposit from 12/10/2025 to 12/10/2026 at 3.90%
Renews
Free account
Vendor
Bank of Hillsboro
Agency
Madison County
Source document
Madison County Board Meeting Minutes March 18 2026 (Minutes)

Bank of Hillsboro's other public contracts

Madison County, IllinoisCounty Holds $2M CD at 3.75% · Mar 18, 2026$2MMadison County, IllinoisAdditional $2M CD at Bank of Hillsboro · Mar 18, 2026$2MMadison County, IllinoisMadison County Invests $2M in 4% CD · Mar 18, 2026$2MCity of White, IllinoisVillage Considers Banking Move to Bank of Hillsboro · Sep 10, 2025UndisclosedCity of White, IllinoisWhite City Tables Proposed Bank of Hillsboro Move · Sep 10, 2025UndisclosedAll Bank of Hillsboro contractsVendor profile

More Madison County contracts

Lobo Systems LtdCounty Proposes LOBO Scaffold System Purchase · Oct 21, 2026$44.4KSchicker Ford of St. LouisCounty Approves Schicker Ford F-150 Purchase · Oct 21, 2026$47KFabick CatCounty Approves Fabick Cat Track Loader Purchase · Oct 21, 2026$93.9KIntegrated Jury Solutions LLCCounty Approves Integrated Jury Solutions Software · Oct 21, 2026$105KHlp IncAnimal Care Data Service Proposed with HLP · Oct 21, 2026All Madison County activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Madison County?

Bank of Hillsboro was awarded this financial services contract by Madison County, as recorded on March 18, 2026. The contract value is $1,000,000.00.

How much is the Bank of Hillsboro contract with Madison County worth?

The Bank of Hillsboro contract with Madison County is valued at $1,000,000.00, covering financial services work.

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 Madison County Board Meeting Minutes March 18 2026 (Minutes), dated March 18, 2026 from Madison County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Hillsboro hold?

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

What is Madison County currently buying?

Explore Madison County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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