CONTRACTTABLED

Decision On Exchange Bank Relationship Tabled

Gibbon Public Schools logoGibbon Public Schools
Document date
Aug 13, 2026

The 30-second brief

What it covers

Exchange Bank currently serves as the district’s depository institution and raised interest rates to 3.0% on accounts to compete with Cornerstone Bank’s proposal. The board tabled a decision on whether to continue banking with Exchange Bank until a formal proposal is presented.

Who holds it

Exchange Bank holds this financial services contract with Gibbon Public Schools. Its other public contracts on record include work for Will County SD 92 and Osage County.

What happens next

Term as filed: Existing depository relationship; potential continuation pending proposal.

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Contract details

Contract type
Financial Services
Document date
August 13, 2026
Term
Existing depository relationship; potential continuation pending proposal
Source document
Gibbon Board of Education Minutes Regular Meeting 2026-08-13 (Minutes)

Exchange Bank's other public contracts

More Gibbon Public Schools contracts

Questions about this contract

Who was awarded the financial services contract by Gibbon Public Schools?

Exchange Bank was awarded this financial services contract by Gibbon Public Schools, as recorded on August 13, 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 Gibbon Board of Education Minutes Regular Meeting 2026-08-13 (Minutes), dated August 13, 2026 from Gibbon Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Exchange Bank hold?

Exchange 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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What is Gibbon Public Schools currently buying?

Explore Gibbon Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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