CONTRACTONGOING

General Fund CD With Flagstar Bank Matures May 2025

Hoffman Estates village (pt.) logoHoffman Estates village (pt.)
Disclosed value
$244,547
From report
Document date
Mar 31, 2025
Term
2024-02-07 to 2025-05-07

The 30-second brief

What it covers

Hoffman Estates has a $244,547 time deposit with Flagstar Bank NA for the General Fund, yielding 4.663% and maturing May 7, 2025. This CD forms part of the Village's diversified investment ladder.

Who holds it

Flagstar Bank NA holds this financial services contract with Hoffman Estates village (pt.). Its other public contracts on record include work for Northport-East Northport Union Free School District and Santa Cruz Port District.

What happens next

Term as filed: 2024-02-07 to 2025-05-07.

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Contract details

Contract type
Financial Services
Amount
$244,547
Document date
March 31, 2025
Term
2024-02-07 to 2025-05-07
Source document
hoffman-estates-department-of-finance-monthly-report-march-2025_705.pdf (Report)

Flagstar Bank NA's other public contracts

More Hoffman Estates village (pt.) contracts

Questions about this contract

Who was awarded the financial services contract by Hoffman Estates village (pt.)?

Flagstar Bank NA was awarded this financial services contract by Hoffman Estates village (pt.), as recorded on March 31, 2025. The contract value is $244,547.

How much is the Flagstar Bank NA contract with Hoffman Estates village (pt.) worth?

The Flagstar Bank NA contract with Hoffman Estates village (pt.) is valued at $244,547, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in hoffman-estates-department-of-finance-monthly-report-march-2025_705.pdf (Report), dated March 31, 2025 from Hoffman Estates village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Flagstar Bank NA hold?

Flagstar Bank NA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Hoffman Estates village (pt.) currently buying?

Explore Hoffman Estates village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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