CONTRACTRECOMMENDED

American Bank Depository Capacity Expanded for Bonds

Le Mars Community School District logoLe Mars Community School District
Disclosed value
$28,000,000
From agenda
Document date
Sep 8, 2025

The 30-second brief

What it covers

The Board is asked to approve an increase in the district’s depository limit at American Bank to $28 million for 2025-26, retroactive to August 5, 2025. The higher limit supports management of substantial construction bond funds.

Who holds it

American Bank holds this financial services contract with Le Mars Community School District. Its other public contracts on record include work for Reading Housing Authority and Salisbury Township SD.

What happens next

Term as filed: 2025-26 school year; retroactive to August 5, 2025.

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Contract details

Contract type
Financial Services
Amount
$28,000,000
Document date
September 8, 2025
Term
2025-26 school year; retroactive to August 5, 2025
Source document
board_of_education_regular_meeting_agenda_septembe.pdf (Agenda)

American Bank's other public contracts

More Le Mars Community School District contracts

Questions about this contract

Who was awarded the financial services contract by Le Mars Community School District?

American Bank was awarded this financial services contract by Le Mars Community School District, as recorded on September 8, 2025. The contract value is $28,000,000.

How much is the American Bank contract with Le Mars Community School District worth?

The American Bank contract with Le Mars Community School District is valued at $28,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in board_of_education_regular_meeting_agenda_septembe.pdf (Agenda), dated September 8, 2025 from Le Mars Community School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Bank hold?

American 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.

What is Le Mars Community School District currently buying?

Explore Le Mars Community School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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