Gurnee School District 56 Regular Meeting Agenda April 22, 2026
First Capital Bank CD in District Fund
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Description
The district has a $223,100.00 certificate of deposit with First Capital Bank at 3.672%, maturing April 9, 2026, within its investment mix.
Contract Details
Contract Amount
$223,100.00 (par value $227,948.67)
Vendor
FIRST CAPITAL BANK
Agency
Gurnee SD 56, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Contract Term
Certificate of deposit, 09/05/2025 – 04/09/2026, rate 3.672%
Renewal Date
2026-04-09
Renewal Info
Fixed-term CD; district may renew or reallocate funds upon maturity.
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