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Village Renews CD with Franklin Bank

Divernon village
Document date
Jun 10, 2026
Term
6 months
Renews
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The 30-second brief

What it covers

The Village of Divernon Board approved renewing its expiring certificate of deposit at Franklin Bank at a 3.75 percent rate for a six-month term. The decision maintains the Village’s investment relationship with Franklin Bank.

Who holds it

Franklin Bank holds this financial services contract with Divernon village. Its other public contracts on record include work for Salem City School District and Royal Oak Schools.

What happens next

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Contract details

Contract type
Financial Services
Document date
June 10, 2026
Term
6 months
Renews
On record
Vendor
Franklin Bank
Agency
Divernon village
Source document
Divernon Village Minutes Regular Meeting 2026-06-10 (Minutes)

Franklin Bank's other public contracts

Salem City School District, New JerseyDistrict Names Franklin Bank as Funds Depository · Aug 11, 2026UndisclosedSalem City School District, New JerseyFranklin Bank Named Depository of School Funds · Jun 10, 2026UndisclosedRoyal Oak Schools, MichiganFranklin Bank Approved for School Deposits · Jan 8, 2026UndisclosedRoyal Oak City School District, MichiganRoyal Oak Schools Considers Franklin Bank Depository · Jan 8, 2026UndisclosedSalem County, New JerseyFranklin Bank Approved for County Funds · Jan 7, 2026UndisclosedAll Franklin Bank contractsVendor profile

More Divernon village contracts

Benton EngineeringDivernon Board Considers Benton Engineering Proposal · Oct 28, 2026UndisclosedDambacher, RandyDivernon Board Considers Water Main Reimbursement · Oct 28, 2026UndisclosedUCBDivernon Board Schedules Vote on UCB Certificate · Sep 23, 2026UndisclosedDowson GasDivernon Board Discusses Dowson Gas Credit · Sep 23, 2026UndisclosedMutual Aid AgreementOrdinance Authorizing Mutual Aid Agreement · Sep 9, 2026UndisclosedAll Divernon village activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Divernon village?

Franklin Bank was awarded this financial services contract by Divernon village, as recorded on June 10, 2026.

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 Divernon Village Minutes Regular Meeting 2026-06-10 (Minutes), dated June 10, 2026 from Divernon village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Franklin Bank hold?

Franklin 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.

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What is Divernon village currently buying?

Explore Divernon village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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