FINANCIAL_SERVICESONGOING

District CD Placement With DMB Community Bank

The district holds a $244,000.00 certificate of deposit with DMB Community Bank at 3.860%, maturing April 9, 2026, as part of its investment portfolio.

Status
ONGOING
Document date
April 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Dmb Community Bank
Agency
Gurnee SD 56 · IL

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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
$244,000.00 (par value $249,934.88)
Contract type
FINANCIAL_SERVICES
Contract term
Certificate of deposit, 08/22/2025 – 04/09/2026, rate 3.860%
Renewal date
2026-04-09
Renewal
Fixed-term deposit; subject to renewal or reallocation at maturity.
Document type
Agenda
Source document
Gurnee School District 56 Regular Meeting Agenda April 22, 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 Gurnee SD 56?

Dmb Community Bank was awarded this financial services contract by Gurnee SD 56, as recorded on April 22, 2026. The contract value is $244,000.00 (par value $249,934.88).

How much is the Dmb Community Bank contract with Gurnee SD 56 worth?

The Dmb Community Bank contract with Gurnee SD 56 is valued at $244,000.00 (par value $249,934.88), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Gurnee School District 56 Regular Meeting Agenda April 22, 2026 (Agenda), dated April 22, 2026 from Gurnee SD 56. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Dmb Community Bank hold?

Dmb Community 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.

View Dmb Community Bank's profile

What is Gurnee SD 56 currently buying?

Explore Gurnee SD 56's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Gurnee SD 56's profile

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