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Second IPS CD Investment at BMO Harris Bank

Indianapolis Public Schools logoIndianapolis Public Schools
Disclosed value
$10,000,000.00 principal for CD account #0247
From report
Document date
Aug 6, 2026
Renews
Free account

The 30-second brief

What it covers

IPS holds another $10 million certificate of deposit with BMO Harris Bank maturing May 1, 2027 at 3.975% APY. This investment diversifies the district’s short-term CD ladder.

Who holds it

Bmo Harris Bank holds this financial services contract with Indianapolis Public Schools. Its other public contracts on record include work for City of Beaumont and St. Louis Housing Authority.

What happens next

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Contract details

Contract type
Financial Services
Amount
$10,000,000.00 principal for CD account #0247
Document date
August 6, 2026
Term
Origin 04/01/2026; maturity 05/01/2027; APY 3.975%
Renews
On record
Vendor
Bmo Harris Bank
Agency
Indianapolis Public Schools
Source document
Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-08-06 (Report)

Bmo Harris Bank's other public contracts

City of Beaumont, CaliforniaBeaumont Reports BMO Harris Certificate Holdings · Oct 25, 2026St. Louis Housing Authority, MissouriSLHA Reports Ongoing BMO Harris Banking · Oct 16, 2026UndisclosedPlatte-Geddes School District 11-5, South DakotaDistrict Approves BMO Harris Bank Payment · Oct 14, 2026$1.9KRoyalton Public School District, MinnesotaRoyalton Approves July BMO Harris Operating Payment · Oct 12, 2026$14.5KPana CUSD 8, IllinoisNPT Approves BMO Harris Bank Credit Card Payment · Oct 8, 2026$5.8KAll Bmo Harris Bank contractsVendor profile

More Indianapolis Public Schools contracts

Jhat IncIPS Transfers Susan Leach Building to JHAT · Oct 27, 2026Pep IncIPS Transfers School Property to PEP · Oct 27, 2026R. Chavez ConstructionR. Chavez Multiple Schools Athletics Contract Amended · Oct 1, 2026$14.7MHenry C Smither Roofing IncHenry C Smither Arsenal Tech Roof Payment · Oct 1, 2026$7.2MEnvelop IqEnvelopiQ Multiple Schools Tech Upgrade Payment · Oct 1, 2026$5MAll Indianapolis Public Schools activityAgency profile

Questions about this contract

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

Bmo Harris Bank was awarded this financial services contract by Indianapolis Public Schools, as recorded on August 6, 2026. The contract value is $10,000,000.00 principal for CD account #0247.

How much is the Bmo Harris Bank contract with Indianapolis Public Schools worth?

The Bmo Harris Bank contract with Indianapolis Public Schools is valued at $10,000,000.00 principal for CD account #0247, 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 Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-08-06 (Report), dated August 6, 2026 from Indianapolis Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bmo Harris Bank hold?

Bmo Harris 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.

What is Indianapolis Public Schools currently buying?

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

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