FINANCIAL_SERVICESONGOING

County Places $600K CD with LNB

Montgomery County invested $600,000 in a 276-day certificate of deposit with LNB at 4.00% interest starting 10/02/26. The CD is part of the county’s overall portfolio of time deposits.

Status
ONGOING
Document date
February 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
LNB
Agency
Montgomery County · 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
$600,000
Contract type
FINANCIAL_SERVICES
Contract term
276 days at 4.00% interest, starting 10/02/26
Renewal date
2027-07-05
Renewal
Single 276-day CD; any renewal or rollover at maturity would be under new terms.
Document type
Report
Source document
Montgomery County Treasurer's Summary Report FY26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Montgomery County?

LNB was awarded this financial services contract by Montgomery County, as recorded on February 17, 2026. The contract value is $600,000.

How much is the LNB contract with Montgomery County worth?

The LNB contract with Montgomery County is valued at $600,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Montgomery County Treasurer's Summary Report FY26 (Report), dated February 17, 2026 from Montgomery County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does LNB hold?

LNB 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 Montgomery County currently buying?

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

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