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FINANCIAL_SERVICESONGOING

Curran-Gardner Townships Public Water District Minutes Regular Meeting 2026-04-14

District To Renew Bank Of Springfield CD

Curran Gardner Township Public Water DistrictBANK OF SPRINGFIELDApril 14, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Description

The District will renew its maturing certificate of deposit with Bank of Springfield after the Treasurer reviews available interest rates. The CD is part of the required reserve covenant for the District’s USDA loans.

Contract Details

Vendor

BANK OF SPRINGFIELD

Agency

Curran Gardner Township Public Water District, IL

Contract Type

FINANCIAL_SERVICES

Document Date

April 14, 2026

Contract Term

CD maturing April 2026; to be renewed per rate review

Renewal Date

2026-04-30

Renewal Info

CD renews in April 2026; renewal terms and rate to be determined based on market rates and reserve covenant requirements.

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