CONTRACTAPPROVED

Illinois Finance Authority | State of Illinois Awards Financial Services Contract to Amalgamated Bank of Chicago (November 2026)

Illinois Finance Authority | State of Illinois logoIllinois Finance Authority | State of Illinois
Disclosed value
Up to $800,000,000 aggregate principal amount of bonds
From agendapacket
Approved
Nov 10, 2026

The 30-second brief

What it covers

The Illinois Finance Authority authorized financing documents involving Amalgamated Bank of Chicago as master trustee for its Clean Water Initiative bond program. The trustee relationship supports issuance of up to $800 million in Series 2026 bonds.

Who holds it

Amalgamated Bank of Chicago holds this financial services contract with Illinois Finance Authority | State of Illinois. Its other public contracts on record include work for Lisle village (pt.) and Town of Danville.

What happens next

Term as filed: Existing master trust agreement; Series 2026 bonds maturing no later than 30 years from issuance.

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Contract details

Contract type
Financial Services
Amount
Up to $800,000,000 aggregate principal amount of bonds
Document date
November 10, 2026
Term
Existing master trust agreement; Series 2026 bonds maturing no later than 30 years from issuance
Source document
Illinois Finance Authority AgendaPacket Regular Meeting of the Members 2026-11-10 (AgendaPacket)

Amalgamated Bank of Chicago's other public contracts

More Illinois Finance Authority | State of Illinois contracts

Questions about this contract

Who was awarded the financial services contract by Illinois Finance Authority | State of Illinois?

Amalgamated Bank of Chicago was awarded this financial services contract by Illinois Finance Authority | State of Illinois, as recorded on November 10, 2026. The contract value is Up to $800,000,000 aggregate principal amount of bonds.

How much is the Amalgamated Bank of Chicago contract with Illinois Finance Authority | State of Illinois worth?

The Amalgamated Bank of Chicago contract with Illinois Finance Authority | State of Illinois is valued at Up to $800,000,000 aggregate principal amount of bonds, 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 of the Members 2026-11-10 (AgendaPacket), dated November 10, 2026 from Illinois Finance Authority | State of Illinois. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Amalgamated Bank of Chicago hold?

Amalgamated Bank of Chicago 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 Illinois Finance Authority | State of Illinois currently buying?

Explore Illinois Finance Authority | State of Illinois's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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