FINANCIAL_SERVICESDISCUSSED

Alliance Community Bank loan for school demolition discussed

City officials discussed potential financing with Alliance Community Bank for demolition of the old grade school, with the bank indicating it would offer a favorable loan rate and fully guarantee the city’s deposits. No borrowing action was formally approved at this meeting.

Status
DISCUSSED
Document date
November 18, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Alliance Community Bank
Agency
City of Petersburg · IL

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TerraCycle logo
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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
Document type
Minutes
Source document
city_council_minutes_november_18_2025.pdf

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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 Petersburg?

Alliance Community Bank was awarded this financial services contract by City of Petersburg, as recorded on November 18, 2025.

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 city_council_minutes_november_18_2025.pdf (Minutes), dated November 18, 2025 from City of Petersburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alliance Community Bank hold?

Alliance Community 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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