FINANCIAL_SERVICESAPPROVED

Town of Bear Creek Awards $247,200 Financial Services Contract to Peoples Community Bank (April 2026)

Bear Creek authorized an $247,200 equipment financing agreement with The Peoples Community Bank for eight years at 5.64% interest. The loan funds the town’s new loader, grapple bucket, and Diamond mower purchases.

Status
APPROVED
Document date
April 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Peoples Community Bank
Agency
Town of Bear Creek · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$247,200
Contract type
FINANCIAL_SERVICES
Contract term
8 years at 5.64% interest
Renewal date
2034-04-15
Renewal
Fixed-term loan for 8 years; no renewal or extension options described.
Document type
Minutes
Source document
Town of Bear Creek Meeting Minutes April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Bear Creek?

Peoples Community Bank was awarded this financial services contract by Town of Bear Creek, as recorded on April 15, 2026. The contract value is $247,200.

How much is the Peoples Community Bank contract with Town of Bear Creek worth?

The Peoples Community Bank contract with Town of Bear Creek is valued at $247,200, 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 Town of Bear Creek Meeting Minutes April 2026 (Minutes), dated April 15, 2026 from Town of Bear Creek. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peoples Community Bank hold?

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

View Peoples Community Bank's profile

What is Town of Bear Creek currently buying?

Explore Town of Bear Creek's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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