FINANCIAL_SERVICESREJECTED

UCB Outbid for County Anticipation Note Financing

UCB submitted a 5.08% bid for the county’s $1.3 million anticipation note but was outbid by Farmers State Bank’s lower rate. The board is poised to select Farmers State Bank as the financing provider.

Status
REJECTED
Document date
December 22, 2025
Contract type
FINANCIAL_SERVICES
Vendor
UCB
Agency
Town of New Canton · IL

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
UCB participated as a bidder in the anticipation note RFP but is not recommended for selection based on a higher interest rate.
Document type
Agenda
Source document
Pike County Board Agenda 2025-12-22

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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 New Canton?

UCB was awarded this financial services contract by Town of New Canton, as recorded on December 22, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Pike County Board Agenda 2025-12-22 (Agenda), dated December 22, 2025 from Town of New Canton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does UCB hold?

UCB 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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