FINANCIAL_SERVICESAPPROVED

Town of Levee Awards $200,000 Financial Services Contract to Bank of Madison County (March 2026)

The Board approved opening a new $200,000 certificate of deposit with Bank of Madison County for seven months at 3.75% APY using maintenance funds. This action is part of the District’s investment strategy.

Status
APPROVED
Document date
March 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of Madison County
Agency
Town of Levee · 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
$200,000
Contract type
FINANCIAL_SERVICES
Contract term
7-month CD at 3.75% APY starting on or about 03/15/2026
Renewal date
2026-10-15
Renewal
Single 7‑month CD term at 3.75% APY; renewal terms beyond initial maturity were not specified and will depend on future Board action.
Document type
Minutes
Source document
Wood River Drainage and Levee District Minutes of Meeting 2026-03-05

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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 Levee?

Bank of Madison County was awarded this financial services contract by Town of Levee, as recorded on March 5, 2026. The contract value is $200,000.

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

The Bank of Madison County contract with Town of Levee is valued at $200,000, 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 Wood River Drainage and Levee District Minutes of Meeting 2026-03-05 (Minutes), dated March 5, 2026 from Town of Levee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Madison County hold?

Bank of Madison County 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 Bank of Madison County's profile

What is Town of Levee currently buying?

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

View Town of Levee's profile

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