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Old Second Bank Reapproved With $5 Million Limit

Dekalb Sanitary District logoDekalb Sanitary District
Disclosed value
Deposit limit not to exceed $5,000,000
From minutes
Document date
May 22, 2026

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THE 30-SECOND BRIEF

What it covers

Old Second Bank was renewed as an authorized District depository with a $5 million cap on deposits. Uninsured balances must be fully collateralized with federal securities.

Who holds it

Old Second Bank holds this financial services contract with Dekalb Sanitary District. Its other public contracts on record include work for Town of Sugar Grove and Orland SD 135.

Contract details

Contract type
Financial Services
Amount
Deposit limit not to exceed $5,000,000
Document date
May 22, 2026
Vendor
Old Second Bank
Agency
Dekalb Sanitary District
Source document
Kishwaukee Water Reclamation District Board Meeting Minutes 2026-05-22 (Minutes)

Old Second Bank's other public contracts

Town of Sugar Grove, IllinoisSugar Grove Declines Old Second Positive Pay Program · Aug 4, 2026Orland SD 135, IllinoisOld Second Bank Maintains Depository Status · Jul 21, 2026UndisclosedOrland SD 135, IllinoisOld Second Bank Listed as Authorized Depository · Jul 21, 2026UndisclosedSD 45 DuPage County, IllinoisDistrict Reviews Old Second Bank Depository Relationship · May 14, 2026UndisclosedCity of Darien, IllinoisOld Second Bank Processes Subpoena for Police Case · May 4, 2026$52.9All Old Second Bank contractsVendor profile

More Dekalb Sanitary District contracts

Williams Brothers ConstructionWWTP Improvements Payment Approved for Williams Brothers · Jul 15, 2026$314.7KNational Power Rodding CorporationBasin 16 Sewer Rehab Progress by National Power Rodding · Jul 15, 2026UndisclosedNational Power Rodding CorporationBasin 16 I/I Removal Work Progressing with NPR · Jun 17, 2026UndisclosedWilliams Brothers ConstructionBoard Approves WWTP Improvements Payment to Williams Brothers · Jun 17, 2026$695.9KFirst National Bank of OmahaFirst National Bank of Omaha Reauthorized at $5 Million · May 22, 2026All Dekalb Sanitary District activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Dekalb Sanitary District?

Old Second Bank was awarded this financial services contract by Dekalb Sanitary District, as recorded on May 22, 2026. The contract value is Deposit limit not to exceed $5,000,000.

How much is the Old Second Bank contract with Dekalb Sanitary District worth?

The Old Second Bank contract with Dekalb Sanitary District is valued at Deposit limit not to exceed $5,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Kishwaukee Water Reclamation District Board Meeting Minutes 2026-05-22 (Minutes), dated May 22, 2026 from Dekalb Sanitary District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Old Second Bank hold?

Old Second 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.

What is Dekalb Sanitary District currently buying?

Explore Dekalb Sanitary District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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