CONTRACTONGOING

IPS High-Yield CD with Stock Yards Bank

Indianapolis Public Schools logoIndianapolis Public Schools
Disclosed value
$10,000,000.00 principal for CD account #8235
From report
Document date
Aug 6, 2026
Renews
Free account

The 30-second brief

What it covers

IPS maintains a $10 million CD at Stock Yards Bank & Trust maturing February 12, 2027 at 4.50% APY. The investment forms part of a $50 million CD portfolio reported for July 2026.

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

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Contract details

Contract type
Financial Services
Amount
$10,000,000.00 principal for CD account #8235
Document date
August 6, 2026
Term
Origin 02/12/2025; maturity 02/12/2027; APY 4.500%
Renews
On record
Vendor
Stock Yards Bank & Trust
Source document
Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-08-06 (Report)

Stock Yards Bank & Trust's other public contracts

More Indianapolis Public Schools contracts

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 #8235.

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 #8235, 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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