FINANCIAL_SERVICESRENEWED

Township Renews CDs With Pennian Bank

Wheatfield Township renewed five matured certificates of deposit with Pennian at an interest rate of 3.80% for a 12‑month term. This action secures the township’s short‑term investment funds with the new depository bank.

Status
RENEWED
Document date
February 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
PENNIAN
Agency
Town of Wheatfield · 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 type
FINANCIAL_SERVICES
Contract term
12 months at 3.80% interest
Renewal date
2027-02-02
Renewal
Five CDs renewed with Pennian for a 12‑month term at 3.80% interest; specific maturity date not stated but assumed to be 12 months from renewal.
Document type
Minutes
Source document
Wheatfield Township Board of Supervisors Meeting Minutes February 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 Wheatfield?

PENNIAN was awarded this financial services contract by Town of Wheatfield, as recorded on February 2, 2026.

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 Wheatfield Township Board of Supervisors Meeting Minutes February 2026 (Minutes), dated February 2, 2026 from Town of Wheatfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PENNIAN hold?

PENNIAN 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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