FINANCIAL_SERVICESAPPROVED

City of Mount Carroll Awards $250,000 Financial Services Contract to Fidelity Bank (June 2026)

Mount Carroll City Council approved Resolution R6-2026 to open a $250,000, 10‑month certificate of deposit at 4.0% with Fidelity Bank using Enterprise Account funds. The action establishes a short-term investment vehicle for municipal funds.

Status
APPROVED
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Fidelity Bank
Agency
City of Mount Carroll · IL

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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
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
$250,000.00
Contract type
FINANCIAL_SERVICES
Contract term
10-month Certificate of Deposit at 4.0%
Renewal
Single 10‑month CD investment; any renewal or rollover at maturity would require future council action or follow bank terms not specified in the minutes.
Document type
Minutes
Source document
Mount Carroll City Council Minutes 2026-06-09

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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 Mount Carroll?

Fidelity Bank was awarded this financial services contract by City of Mount Carroll, as recorded on June 9, 2026. The contract value is $250,000.00.

How much is the Fidelity Bank contract with City of Mount Carroll worth?

The Fidelity Bank contract with City of Mount Carroll is valued at $250,000.00, 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 Mount Carroll City Council Minutes 2026-06-09 (Minutes), dated June 9, 2026 from City of Mount Carroll. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fidelity Bank hold?

Fidelity 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 Fidelity Bank's profile

What is City of Mount Carroll currently buying?

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

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