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TrustBank Retained as District Banking Institution

Richland County CUSD 1 logoRichland County CUSD 1
Document date
Sep 11, 2025

The 30-second brief

What it covers

Following the rescission of a prior award to Midland States Bank, the Richland County Board of Education confirmed that TrustBank remains the district’s banking institution. TrustBank will continue providing banking services until the board completes a new bid process for FY26 and FY27.

Who holds it

TRUSTBANK holds this financial services contract with Richland County CUSD 1. Its other public contracts on record include work for Town of Pesotum and City of Olney.

What happens next

Term as filed: Status quo until completion of new bank bid for FY26 & FY27.

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Contract details

Contract type
Financial Services
Document date
September 11, 2025
Term
Status quo until completion of new bank bid for FY26 & FY27
Vendor
TRUSTBANK
Agency
Richland County CUSD 1
Source document
richland_county_board_of_education_special_meeting.pdf (Minutes)

TRUSTBANK's other public contracts

Town of Pesotum, IllinoisPesotum Considers $190,000 TrustBank Certificate · Oct 7, 2026City of Olney, IllinoisOlney Approves Bank Financing for Main Street Project · Sep 28, 2026Richland County CUSD 1, IllinoisDistrict Awards FY26-27 Banking Contract to TrustBank · Jul 24, 2025UndisclosedRichland County CUSD 1, IllinoisTrustBank Awarded FY26–27 Banking Services Contract · Jul 24, 2025UndisclosedGreater Peoria Sanitary District, IllinoisDistrict invests $2M in 12‑month TrustBank CDARS · Jul 15, 2025$2MAll TRUSTBANK contractsVendor profile

More Richland County CUSD 1 contracts

Poettker ConstructionPoettker Construction Continues Athletic Complex Work · Oct 15, 2026UndisclosedGEOSURFACESGeoSurfaces Provides Athletic Complex Construction Update · Oct 13, 2026UndisclosedGrunloh ConstructionSouth Building Change Order Approved for Grunloh Construction · Oct 13, 2026$159KPoettker ConstructionPoettker Construction Continues Athletic Building Work · Oct 13, 2026UndisclosedALLIANTSolar Tax Incentive Agreement Approved With Alliant · Oct 13, 2026UndisclosedAll Richland County CUSD 1 activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Richland County CUSD 1?

TRUSTBANK was awarded this financial services contract by Richland County CUSD 1, as recorded on September 11, 2025.

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 richland_county_board_of_education_special_meeting.pdf (Minutes), dated September 11, 2025 from Richland County CUSD 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TRUSTBANK hold?

TRUSTBANK 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 Richland County CUSD 1 currently buying?

Explore Richland County CUSD 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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