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Lafayette Holds First Source Bank $250,000 CD

City of LaFayette logoCity of LaFayette
Disclosed value
$250,000
From report
Document date
Jun 9, 2025
Term
Matures 3/30/2026

The 30-second brief

What it covers

Lafayette maintains a $250,000 certificate of deposit with First Source Bank maturing March 30, 2026. This CD aids in diversifying the City’s investment holdings across financial institutions.

Who holds it

First Source Bank holds this financial services contract with City of LaFayette. Its other public contracts on record include work for Town of Hebron and City of Elkhart.

What happens next

Term as filed: Matures 3/30/2026.

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Contract details

Contract type
Financial Services
Amount
$250,000
Document date
June 9, 2025
Term
Matures 3/30/2026
Vendor
First Source Bank
Agency
City of LaFayette
Source document
city-of-lafayettereport-2025-06-09_b16.pdf (Report)

First Source Bank's other public contracts

Town of Hebron, IndianaHRC Approves First Source Bank Fire Station Payment · Jul 6, 2026$16.8KCity of Elkhart, IndianaTravel and Training Card Expenses via First Source Bank · Apr 28, 2026UndisclosedTown of Galien, MichiganFirst Source Bank Added as Township Depository · Apr 9, 2026UndisclosedCity of Valparaiso, IndianaCity Pursues Amphitheater Naming Rights Deal · Mar 23, 2026UndisclosedTown of Pavilion, MichiganFirst Source Bank Approved as Township Depository · Mar 9, 2026UndisclosedAll First Source Bank contractsVendor profile

More City of LaFayette contracts

Oak Hill PlaceOak Hill Place residential development project pending approval · Jul 14, 2025UndisclosedLisa Wise ConsultingLisa Wise Consulting Providing Consulting Services · Jun 23, 2025UndisclosedLisa Wise ConsultingLafayette Continues ODS Phase 2 With Lisa Wise Consulting · Jun 23, 2025UndisclosedProject Oak HillProject Oak Hill Receives Approval for Mixed-Use Development · Jun 9, 2025UndisclosedProject Oak HillOak Hill project approved for mixed-use development · Jun 9, 2025UndisclosedAll City of LaFayette activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of LaFayette?

First Source Bank was awarded this financial services contract by City of LaFayette, as recorded on June 9, 2025. The contract value is $250,000.

How much is the First Source Bank contract with City of LaFayette worth?

The First Source Bank contract with City of LaFayette is valued at $250,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-lafayettereport-2025-06-09_b16.pdf (Report), dated June 9, 2025 from City of LaFayette. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Source Bank hold?

First Source 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.

What is City of LaFayette currently buying?

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

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