FINANCIAL_SERVICESAWARDED

Cornell CCSD 426 Awards $1,350,000 Financial Services Contract to Bank of Pontiac (July 2025)

Cornell School District #426 awarded the purchase of $1.35 million in Working Cash Bonds to the Bank of Pontiac at a 4.75% rate, with proceeds to be received July 1, 2026. The transaction supports the district’s working cash fund.

Document date · July 23, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,350,000
Contract type
FINANCIAL_SERVICES
Renewal date
2026-07-01
Renewal
Bond proceeds expected July 1, 2026; terms beyond rate and principal are not detailed in the minutes.
Document type
Minutes
Source document
Cornell School District #426 Board of Education Regular Meeting Minutes 2025-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Cornell CCSD 426?

Bank of Pontiac was awarded this financial services contract by Cornell CCSD 426, as recorded on July 23, 2025. The contract value is $1,350,000.

How much is the Bank of Pontiac contract with Cornell CCSD 426 worth?

The Bank of Pontiac contract with Cornell CCSD 426 is valued at $1,350,000, 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 Cornell School District #426 Board of Education Regular Meeting Minutes 2025-07-23 (Minutes), dated July 23, 2025 from Cornell CCSD 426. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Pontiac hold?

Bank of Pontiac may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Cornell CCSD 426 currently buying?

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