FINANCIAL_SERVICESAPPROVED

City of Lewistown Awards Financial Services Contract to Ipava State Bank (February 2026)

The Lewistown City Council approved transferring its Certificate of Deposit from Prairie State Bank to Ipava State Bank for a 24‑month term at a 3.8% interest rate. The Treasurer, Clerk, and Mayor were authorized to complete the transaction.

Status
APPROVED
Document date
February 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ipava State Bank
Agency
City of Lewistown · 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 type
FINANCIAL_SERVICES
Contract term
24 months at 3.8%
Renewal
Fixed 24‑month certificate of deposit term at 3.8% interest; renewal or rollover terms not specified and will need council action upon maturity.
Document type
Minutes
Source document
Lewistown City Council Meeting Minutes February 24 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lewistown?

Ipava State Bank was awarded this financial services contract by City of Lewistown, as recorded on February 24, 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 Lewistown City Council Meeting Minutes February 24 2026 (Minutes), dated February 24, 2026 from City of Lewistown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ipava State Bank hold?

Ipava State 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.

View Ipava State Bank's profile

What is City of Lewistown currently buying?

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