Certificate of Depositapproved

Town of Rochester Awards $450,000 Certificate Of Deposit Contract to American Bank of Freedom (May 2025)

Village of Rochester is authorized to purchase a Certificate of Deposit from the American Bank of Freedom in an amount not to exceed $450,000 due to favorable rates.

Status
approved
Document date
May 12, 2025
Contract type
Certificate of Deposit
Vendor
American Bank of Freedom
Agency
Town of Rochester · IL

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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
$450,000
Contract type
Certificate of Deposit
Contract term
NA
Document type
Meeting Minutes
Source document
town-of-rochester-meeting-minutes-2025-05-12_a68.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the certificate of deposit contract by Town of Rochester?

American Bank of Freedom was awarded this certificate of deposit contract by Town of Rochester, as recorded on May 12, 2025. The contract value is $450,000.

How much is the American Bank of Freedom contract with Town of Rochester worth?

The American Bank of Freedom contract with Town of Rochester is valued at $450,000, covering certificate of deposit work.

What type of contract is this?

This is a Certificate Of Deposit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-rochester-meeting-minutes-2025-05-12_a68.pdf (Meeting Minutes), dated May 12, 2025 from Town of Rochester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Bank of Freedom hold?

American Bank of Freedom 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 American Bank of Freedom's profile

What is Town of Rochester currently buying?

Explore Town of Rochester's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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