FINANCIAL_SERVICESREJECTED

Village Declines SOCU CD Offer for Sewer Funds

SOCU proposed a 3.65% 13‑month CD rate for the Village of Mazon's Sewer Contingency funds. The board reviewed but did not select this offer, opting to renew with ACB&T instead.

Status
REJECTED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
SOCU
Agency
Mazon village · IL

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Derivita logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Offered 3.65% for 13 months on CD (not selected)
Renewal
SOCU's proposed CD terms were considered but not adopted; no contract or account was opened or renewed with SOCU.
Document type
Minutes
Source document
Village of Mazon Board Minutes 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mazon village?

SOCU was awarded this financial services contract by Mazon village, as recorded on July 13, 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 Village of Mazon Board Minutes 2026-07-13 (Minutes), dated July 13, 2026 from Mazon village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SOCU hold?

SOCU 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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