CONTRACTAPPROVED

Ladd village Awards Financial Services Contract to North Central Bank (December 2025)

Disclosed value: $136,198.94 at 3.95% APY; From minutes
Approved: Dec 23, 2025

What it covers

The Ladd Village Board authorized investing $136,198.94 of Motor Fuel Tax funds in a 6‑month certificate of deposit at 3.95% APY with North Central Bank. The short-term investment is timed to preserve liquidity for an upcoming Surface Transportation Urban Project in FY26.

Who holds it

North Central Bank holds this financial services contract with Ladd village. Its other public contracts on record include work for Putnam County CUSD 535 and Mark village.

What happens next

Term as filed: 6-month certificate of deposit starting December 27, 2025.

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Contract details

Contract type: Financial Services
Amount: $136,198.94 at 3.95% APY
Document date: December 23, 2025
Term: 6-month certificate of deposit starting December 27, 2025
Vendor: North Central Bank
Agency: Ladd village
Source document: Ladd Village Board Meeting Minutes December 2025 (Minutes)

North Central Bank's other public contracts

Putnam County CUSD 535, IllinoisDistrict Recommends Updated North Central Bank Wire Agreement · Oct 19, 2026Undisclosed Ladd village, IllinoisLadd Renews Sewage Fund CD at North Central Bank · Apr 28, 2026$449.3K Ladd village, IllinoisNorth Central Bank Donates Desks To Clerk’s Office · Apr 14, 2026Undisclosed Ladd village, IllinoisBank Financing Approved for Police Vehicle Purchase · Feb 24, 2026 Mark village, IllinoisNorth Central Bank Rate Influences Village CD Renewal · Jul 15, 2025Undisclosed All North Central Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Ladd village?

North Central Bank was awarded this financial services contract by Ladd village, as recorded on December 23, 2025. The contract value is $136,198.94 at 3.95% APY.

How much is the North Central Bank contract with Ladd village worth?

The North Central Bank contract with Ladd village is valued at $136,198.94 at 3.95% APY, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Ladd Village Board Meeting Minutes December 2025 (Minutes), dated December 23, 2025 from Ladd village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does North Central Bank hold?

North Central 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 Ladd village currently buying?

Explore Ladd village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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