FINANCIAL_SERVICESPENDING

Peoples National Bank to Fund Farmer Bond

The Illinois Finance Authority is considering The Peoples National Bank as lender and initial purchaser for Clay R. Marks’s $340,000 agricultural bond. The financing would fund farmland acquisition under the First-Time Farmer Bond Program.

Document date · September 15, 2026

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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
$340,000
Contract type
FINANCIAL_SERVICES
Contract term
Maturity not later than 30 years from the closing date
Renewal date
2056-09-15
Renewal
Lender rights would be governed by the lender loan agreement; the bond would mature within 30 years and no renewal terms are stated.
Document type
AgendaPacket
Source document
Illinois Finance Authority AgendaPacket Regular Meeting September 15, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by IL-State-Illinois Finance Authority?

Peoples National Bank was awarded this financial services contract by IL-State-Illinois Finance Authority, as recorded on September 15, 2026. The contract value is $340,000.

How much is the Peoples National Bank contract with IL-State-Illinois Finance Authority worth?

The Peoples National Bank contract with IL-State-Illinois Finance Authority is valued at $340,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Illinois Finance Authority AgendaPacket Regular Meeting September 15, 2026 (AgendaPacket), dated September 15, 2026 from IL-State-Illinois Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peoples National Bank hold?

Peoples National 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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