Gurnee School District 56 Regular Meeting Agenda April 22, 2026
Bank of China CD Held by District
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Description
Gurnee School District 56 invested $244,200.00 in a certificate of deposit with Bank of China at 3.959%, maturing June 18, 2026.
Contract Details
Contract Amount
$244,200.00 (par value $249,841.80)
Vendor
BANK OF CHINA
Agency
Gurnee SD 56, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Contract Term
Certificate of deposit, 11/17/2025 – 06/18/2026, rate 3.959%
Renewal Date
2026-06-18
Renewal Info
CD set to mature on June 18, 2026; district may roll or redeem.
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