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IPS CD Investment with Stock Yards Bank & Trust

Indianapolis Public Schools logoIndianapolis Public Schools
Disclosed value
$10,000,000.00 principal for CD account #8231
From report
Document date
Aug 6, 2026
Renews
Free account

The 30-second brief

What it covers

IPS holds a $10 million certificate of deposit at Stock Yards Bank & Trust maturing March 12, 2027 at 3.75% APY. The CD remains unchanged through July 2026 as part of the district’s fixed-term investment portfolio.

Who holds it

Stock Yards Bank & Trust holds this financial services contract with Indianapolis Public Schools. Its other public contracts on record include work for City of Georgetown.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Indianapolis Public Schools contract.

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Contract details

Contract type
Financial Services
Amount
$10,000,000.00 principal for CD account #8231
Document date
August 6, 2026
Term
Origin 02/12/2025; maturity 03/12/2027; APY 3.750%
Renews
Free account
Vendor
Stock Yards Bank & Trust
Agency
Indianapolis Public Schools
Source document
Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-08-06 (Report)

Stock Yards Bank & Trust's other public contracts

Indianapolis Public Schools, IndianaIPS Holds $10 Million Stock Yards Bank CD · Aug 31, 2026UndisclosedIndianapolis Public Schools, IndianaIPS Holds $10 Million Stock Yards Bank CD · Aug 31, 2026UndisclosedIndianapolis Public Schools, IndianaIPS High-Yield CD with Stock Yards Bank · Aug 6, 2026Indianapolis Public Schools, IndianaIPS Holds $20M in CDs at Stock Yards Bank · Jun 3, 2026UndisclosedCity of Georgetown, KentuckyFinance Committee Backs Investment Proposal with Stock Yards Bank · May 18, 2026Undisclosed

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Questions about this contract

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 August 6, 2026. The contract value is $10,000,000.00 principal for CD account #8231.

How much is the Stock Yards Bank & Trust contract with Indianapolis Public Schools worth?

The Stock Yards Bank & Trust contract with Indianapolis Public Schools is valued at $10,000,000.00 principal for CD account #8231, 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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