Montgomery County Treasurer's Summary Report FY26
County Places $600K CD with LNB
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Description
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.
Contract Details
Contract Amount
$600,000
Vendor
LNB
Agency
Montgomery County, IL
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
276 days at 4.00% interest, starting 10/02/26
Renewal Date
2027-07-05
Renewal Info
Single 276-day CD; any renewal or rollover at maturity would be under new terms.
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