FINANCIAL_SERVICESAPPROVED

Town of Levee Awards $250,000 Financial Services Contract to Bank of Madison County (January 2026)

Commissioners authorized rolling roughly half of Maintenance CD 15 into a new $250,000, 20‑week certificate of deposit at Bank of Madison County at 3.70% APY, with the balance and interest directed to the Maintenance MMDA account. This action restructures district maintenance reserves into a short-term investment.

Status
APPROVED
Document date
January 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of Madison County
Agency
Town of Levee · 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
$250,000
Contract type
FINANCIAL_SERVICES
Contract term
20 weeks at 3.70% APY, starting at maturity of CD *0298 on 2026-01-19
Renewal
New 20-week CD begins upon maturity of existing CD on 2026-01-19; any further rollover or renewal will require subsequent board approval.
Document type
Minutes
Source document
Town of Levee Board of Commissioners Meeting Minutes January 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 Town of Levee?

Bank of Madison County was awarded this financial services contract by Town of Levee, as recorded on January 8, 2026. The contract value is $250,000.

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 $250,000, covering financial services work.

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 Town of Levee Board of Commissioners Meeting Minutes January 2026 (Minutes), dated January 8, 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.

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