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FINANCIAL_SERVICESRENEWED

Lebanon City Council Minutes April 30 2026

Council Renews 12-Month CDs at Local Bank

City of LebanonFIRST FEDERAL SAVINGS BANKApril 30, 2026

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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
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

The Lebanon City Council approved renewing maturing certificates of deposit at First Federal Savings Bank for 12 months at a 4.07% interest rate. The action continues the city's investment relationship with the bank for another year.

Contract Details

Vendor

FIRST FEDERAL SAVINGS BANK

Agency

City of Lebanon, IL

Contract Type

FINANCIAL_SERVICES

Document Date

April 30, 2026

Contract Term

12 months

Renewal Info

Maturing certificates of deposit will be rolled into new 12-month terms at a 4.07% interest rate.

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