General Counsel Report on Board Report Rescissions April 2026
Webster Bank HSA Agreement Rescission Date Extended
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Description
The Board extended until June 25, 2026 the rescission date for an agreement with Webster Bank N.A. to provide and fund employee health savings accounts tied to district health plans. Talent Office is negotiating final terms.
Contract Details
Vendor
WEBSTER BANK NA
Agency
Chicago Public Schools Dist 299, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 23, 2026
Contract Term
Rescission date extended to June 25, 2026
Renewal Date
2026-06-25
Renewal Info
Rescission of the Webster Bank N.A. agreement under Board Report 25-1218-PR7 deferred to June 25, 2026 pending finalization of HSA funding arrangements.
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