FINANCIAL_SERVICESDISCUSSED

Lake Ridge Bank Considered For District Credit Line

Evansville Community School District discussed Lake Ridge Bank's prior line of credit and its 2026-27 comparison proposal. Lake Ridge Bank quoted a 6.95% interest rate plus a $450 application fee, higher than the proposed Bank of New Glarus rate.

Document date · October 5, 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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $2,500,000; $450 application fee
Contract type
FINANCIAL_SERVICES
Contract term
Prior year's line of credit; proposed comparison for 2026-27 borrowing
Renewal
Prior-year line of credit; no renewal or extension terms stated.
Document type
Agenda
Source document
Evansville Community School District Agenda Regular Meeting October 7, 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 Evansville Community School District?

Lake Ridge Bank was awarded this financial services contract by Evansville Community School District, as recorded on October 5, 2026. The contract value is Not to exceed $2,500,000; $450 application fee.

How much is the Lake Ridge Bank contract with Evansville Community School District worth?

The Lake Ridge Bank contract with Evansville Community School District is valued at Not to exceed $2,500,000; $450 application fee, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Evansville Community School District Agenda Regular Meeting October 7, 2026 (Agenda), dated October 5, 2026 from Evansville Community School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lake Ridge Bank hold?

Lake Ridge 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.

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