District Invests $500,000 CD With IPAVA State Bank
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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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