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FINANCIAL_SERVICESAPPROVED

astoria_community_unit_district_board_of_education.pdf

District Invests $500,000 CD With IPAVA State Bank

$500,000Astoria CUSD 1IPAVA STATE BANKNovember 19, 2025

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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

Description

Astoria Community Unit District is investing $500,000 in a 24‑month certificate of deposit with IPAVA State Bank as part of its financial management strategy. The action secures district funds in an interest-bearing account over a two‑year term.

Contract Details

Contract Amount

$500,000

Vendor

IPAVA STATE BANK

Agency

Astoria CUSD 1, IL

Contract Type

FINANCIAL_SERVICES

Document Date

November 19, 2025

Contract Term

24-month

Renewal Info

Fixed 24‑month CD investment; renewal or rollover at maturity is not specified in the agenda.

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