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FINANCIAL_SERVICESONGOING

Curran-Gardner Townships Public Water District Minutes Regular Meeting 2026-04-14

Illinois National Bank CD Renewal Planned

Curran Gardner Township Public Water DistrictILLINOIS NATIONAL BANKApril 14, 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 District plans to renew its maturing certificate of deposit with Illinois National Bank after evaluating interest rates. This CD supports the required reserve covenant for the District’s USDA loans.

Contract Details

Vendor

ILLINOIS NATIONAL BANK

Agency

Curran Gardner Township Public Water District, IL

Contract Type

FINANCIAL_SERVICES

Document Date

April 14, 2026

Contract Term

CD maturing May 2026; to be renewed per rate review

Renewal Date

2026-05-31

Renewal Info

CD renews in May 2026; renewal terms and rate to be determined based on market rates and reserve covenant requirements.

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