FINANCIAL_SERVICESAPPROVED

City of Pekin city Awards $100,000 Financial Services Contract to First Pekin Savings Bank (August 2023)

The Housing Authority of the City of Pekin approved Resolution 2824 to retain and roll over a second $100,000 certificate of deposit at First Pekin Savings Bank for 12 months at a 5.05% interest rate. The resolution continues the agency’s CD investment strategy with this bank.

Status
APPROVED
Document date
August 8, 2023
Contract type
FINANCIAL_SERVICES
Vendor
First Pekin Savings Bank
Agency
City of Pekin city · 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
$100,000.00
Contract type
FINANCIAL_SERVICES
Contract term
12 months at a rate of 5.05%
Renewal date
2024-08-08
Renewal
CD #XXXXXX6988 is renewed for a 12‑month term at 5.05%; additional renewal options not detailed.
Document type
Agenda
Source document
Housing Authority of the City of Pekin Agenda August 8, 2023

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Pekin city?

First Pekin Savings Bank was awarded this financial services contract by City of Pekin city, as recorded on August 8, 2023. The contract value is $100,000.00.

How much is the First Pekin Savings Bank contract with City of Pekin city worth?

The First Pekin Savings Bank contract with City of Pekin city is valued at $100,000.00, 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 Housing Authority of the City of Pekin Agenda August 8, 2023 (Agenda), dated August 8, 2023 from City of Pekin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Pekin Savings Bank hold?

First Pekin Savings 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 First Pekin Savings Bank's profile

What is City of Pekin city currently buying?

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

View City of Pekin city's profile

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