FINANCIAL_SERVICESONGOING

Second Collateralized Deposit with Customers Bank

Deerfield School District 109 maintains a second $2.5 million collateralized deposit with Customers Bank at 3.88%, maturing August 28, 2026. This supplements the district’s secure large-balance holdings.

Status
ONGOING
Document date
July 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Customers Bank Loc - Collatoralized
Agency
Deerfield SD 109 · 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
$2,500,000.00
Contract type
FINANCIAL_SERVICES
Contract term
June 30, 2025 – August 28, 2026
Renewal date
2026-08-28
Renewal
Term collateralized deposit; future continuation requires a new agreement at maturity.
Document type
Report
Source document
Deerfield Public Schools District 109 Treasurer's Report 2026-07-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Deerfield SD 109?

Customers Bank Loc - Collatoralized was awarded this financial services contract by Deerfield SD 109, as recorded on July 30, 2026. The contract value is $2,500,000.00.

How much is the Customers Bank Loc - Collatoralized contract with Deerfield SD 109 worth?

The Customers Bank Loc - Collatoralized contract with Deerfield SD 109 is valued at $2,500,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Deerfield Public Schools District 109 Treasurer's Report 2026-07-30 (Report), dated July 30, 2026 from Deerfield SD 109. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Customers Bank Loc - Collatoralized hold?

Customers Bank Loc - Collatoralized 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 Customers Bank Loc - Collatoralized's profile

What is Deerfield SD 109 currently buying?

Explore Deerfield SD 109's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Deerfield SD 109's profile

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