FINANCIAL_SERVICESONGOING

IPS Holds $20M in CDs at Stock Yards Bank

Indianapolis Public Schools has two $10 million certificates of deposit with Stock Yards Bank & Trust at 3.75% and 4.50% APY, maturing in early 2027. These investments form part of the district’s fixed-income treasury portfolio.

Status
ONGOING
Document date
June 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Stock Yards Bank & Trust
Agency
Indianapolis Public Schools · IN

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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 type
FINANCIAL_SERVICES
Contract term
02/12/2025 – 03/12/2027 and 02/12/2025 – 02/12/2027 (two CDs)
Renewal date
2027-03-12
Renewal
CD principal is invested through maturity dates in February and March 2027; reinvestment or renewal decisions will be made at maturity.
Document type
Report
Source document
Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-06-03

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Stock Yards Bank & Trust was awarded this financial services contract by Indianapolis Public Schools, as recorded on June 3, 2026.

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 2026-06-03 (Report), dated June 3, 2026 from Indianapolis Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stock Yards Bank & Trust hold?

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

View Stock Yards Bank & Trust's 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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