Madison County Board Meeting Minutes March 18 2026
County Places Over $3.3M CD at Carrollton Bank
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Description
Madison County invested $3,360,891.35 in a 3.25% certificate of deposit at CARROLLTON BANK, maturing February 3, 2027. This sizable deposit plays a significant role in county cash management.
Contract Details
Contract Amount
$3,360,891.35
Vendor
CARROLLTON BANK
Agency
Madison County, IL
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Contract Term
Certificate of Deposit from 2/3/2026 to 2/3/2027 at 3.25%
Renewal Date
2027-02-03
Renewal Info
Future renewal or restructuring will be considered at February 2027 maturity.
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