FINANCIAL_SERVICESPENDING

District Plans New CD With Bank of Madison County

The Wood River Drainage and Levee District will consider reinvesting $240,000 from Rand CD#15 into a new 7‑month CD with the Bank of Madison County at 3.75% APY upon maturity on June 26, 2026. Remaining principal and interest will be moved to the Rand MMDA account.

Status
PENDING
Document date
June 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of Madison County
Agency
Town of Levee · 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
$240,000
Contract type
FINANCIAL_SERVICES
Contract term
7 months at 3.75% APY, starting at maturity on 6/26/26
Renewal date
2027-01-26
Renewal
New CD to be opened upon maturity of existing Rand CD#15 for a 7‑month term at 3.75% APY; renewal or rollover decisions will be required at the end of the new term.
Document type
Agenda
Source document
Wood River Drainage and Levee District Agenda Bi-Weekly Meeting 2026-06-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Levee?

Bank of Madison County was awarded this financial services contract by Town of Levee, as recorded on June 4, 2026. The contract value is $240,000.

How much is the Bank of Madison County contract with Town of Levee worth?

The Bank of Madison County contract with Town of Levee is valued at $240,000, 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 Wood River Drainage and Levee District Agenda Bi-Weekly Meeting 2026-06-04 (Agenda), dated June 4, 2026 from Town of Levee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Madison County hold?

Bank of Madison County 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 Bank of Madison County's profile

What is Town of Levee currently buying?

Explore Town of Levee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Levee's profile

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