FINANCIAL_SERVICESRENEWED

Council Renews 12-Month CDs at Local Bank

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.

Status
RENEWED
Document date
April 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Federal Savings Bank
Agency
City of Lebanon · IL

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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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
12 months
Renewal
Maturing certificates of deposit will be rolled into new 12-month terms at a 4.07% interest rate.
Document type
Minutes
Source document
Lebanon City Council Minutes April 30 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lebanon?

First Federal Savings Bank was awarded this financial services contract by City of Lebanon, as recorded on April 30, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Lebanon City Council Minutes April 30 2026 (Minutes), dated April 30, 2026 from City of Lebanon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Federal Savings Bank hold?

First Federal Savings Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View First Federal Savings Bank's profile

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