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American Bank Holds District IntraFi CD

Cusd 308 logoCusd 308
Disclosed value
$246,303.46 (cost), $249,066.82 (par/maturity value)
From report
Document date
Jan 22, 2025
Term
10/24/2024 – 01/23/2025

The 30-second brief

What it covers

Community Unit School District 308 invested $246,303.46 via IntraFi in a 4.5% CD at American Bank, which will mature at $249,066.82 on January 23, 2025. This CD supports safe earnings on district resources.

Who holds it

American Bank holds this financial services contract with Cusd 308. Its other public contracts on record include work for Reading Housing Authority and Lehigh Carbon Community College.

What happens next

Term as filed: 10/24/2024 – 01/23/2025.

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Contract details

Contract type
Financial Services
Amount
$246,303.46 (cost), $249,066.82 (par/maturity value)
Document date
January 22, 2025
Term
10/24/2024 – 01/23/2025
Vendor
American Bank
Agency
Cusd 308
Source document
cusd-308-report-2025-01-22_0d0.pdf (Report)

American Bank's other public contracts

Reading Housing Authority, PennsylvaniaAmerican Bank Loan Planned for River Oak Renovations · Sep 20, 2026UndisclosedLehigh Carbon Community College, PennsylvaniaCollege Renews $3 Million CD with American Bank · Sep 3, 2026Salisbury Township SD, PennsylvaniaCollege Renews $3 Million CD With American Bank · Sep 3, 2026Reading Housing Authority, PennsylvaniaCommercial Mortgage from American Bank for Renovations · Aug 25, 2026UndisclosedRochester CUSD 3A, IllinoisDistrict Considers Depository Shift To American Bank · Aug 19, 2026UndisclosedAll American Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Cusd 308?

American Bank was awarded this financial services contract by Cusd 308, as recorded on January 22, 2025. The contract value is $246,303.46 (cost), $249,066.82 (par/maturity value).

How much is the American Bank contract with Cusd 308 worth?

The American Bank contract with Cusd 308 is valued at $246,303.46 (cost), $249,066.82 (par/maturity value), 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 cusd-308-report-2025-01-22_0d0.pdf (Report), dated January 22, 2025 from Cusd 308. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Bank hold?

American 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 Cusd 308 currently buying?

Explore Cusd 308's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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