Brookfield expands credit line with local bank
Brookfield village (pt.)City · Brookfield, IL- Disclosed value
- Not to exceed $2,500,000 (increase of $1,000,000)
- From minutes
- Document date
- Jan 12, 2026
The 30-second brief
The Village of Brookfield approved an ordinance increasing its existing line of credit with the First National Bank of Brookfield by $1,000,000, for a total credit line not to exceed $2,500,000. This action amends the Village’s financing arrangement to provide additional borrowing capacity.
First National Bank of Brookfield holds this financial services contract with Brookfield village (pt.).
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $2,500,000 (increase of $1,000,000)
- Document date
- January 12, 2026
- Agency
- Brookfield village (pt.)
- Source document
- Village Board Meeting Minutes (Minutes)
First National Bank of Brookfield's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Brookfield village (pt.)?
First National Bank of Brookfield was awarded this financial services contract by Brookfield village (pt.), as recorded on January 12, 2026. The contract value is Not to exceed $2,500,000 (increase of $1,000,000).
How much is the First National Bank of Brookfield contract with Brookfield village (pt.) worth?
The First National Bank of Brookfield contract with Brookfield village (pt.) is valued at Not to exceed $2,500,000 (increase of $1,000,000), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village Board Meeting Minutes (Minutes), dated January 12, 2026 from Brookfield village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First National Bank of Brookfield hold?
First National Bank of Brookfield 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 Brookfield village (pt.) currently buying?
Explore Brookfield village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.