CONTRACTAPPROVED

Town of Wea Awards $18,800,000 Certificate Of Deposit Contract to First Source Bank (December 2024)

Disclosed value: $18,800,000; From meeting minutes
Approved: Dec 31, 2024
Term: 1-18 months

What it covers

City approves $18.8 million certificate of deposit with First Source Bank as part of $31 million bond investment strategy.

Who holds it

First Source Bank holds this certificate of deposit contract with Town of Wea. Its other public contracts on record include work for Town of Hebron and City of Elkhart.

What happens next

Term as filed: 1-18 months.

See who signed off on this $18.8M contract.

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Contract details

Contract type: Certificate Of Deposit
Amount: $18,800,000
Document date: December 31, 2024
Term: 1-18 months
Vendor: First Source Bank
Agency: Town of Wea
Source document: town-of-weameeting-minutes2024-12-31_899.pdf (Meeting Minutes)

First Source Bank's other public contracts

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

More Town of Wea contracts

IKIOChange Order 2 - Sagamore Trail Lighting · Sep 17, 2025Undisclosed Rpm MachineryRPM Machinery quote accepted for Mini Track Loader · Sep 17, 2025Undisclosed J Christopher LandscapingLandscaping estimate acceptance for McCormick Roundabout · Sep 2, 2025Undisclosed Ikio Led LightingChange Order No. 2 Approved for Sagamore Trail Lighting · Sep 2, 2025Undisclosed Core ConstructionRoad Closure for CORE Construction Approved · Sep 2, 2025Undisclosed All Town of Wea activityAgency profile

Questions about this contract

Who was awarded the certificate of deposit contract by Town of Wea?

First Source Bank was awarded this certificate of deposit contract by Town of Wea, as recorded on December 31, 2024. The contract value is $18,800,000.

How much is the First Source Bank contract with Town of Wea worth?

The First Source Bank contract with Town of Wea is valued at $18,800,000, covering certificate of deposit work.

What type of contract is this?

This is a Certificate Of Deposit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-weameeting-minutes2024-12-31_899.pdf (Meeting Minutes), dated December 31, 2024 from Town of Wea. 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 Town of Wea currently buying?

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

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