Library Shifts Special Reserve Funds From Eureka Bank
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Description
The library closed its Special Reserve CD at Eureka Community Bank and transferred the $338,762.45 balance to Goodfield State Bank as part of its financial management strategy. The action changes the institution holding reserve funds while noting a 3.65% interest rate.
Contract Details
Contract Amount
$338,762.45
Vendor
EUREKA COMMUNITY BANK
Agency
Eureka Public Library District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
March 23, 2026
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