CONTRACTAPPROVED

Lakewood Sanitary District 1 Awards Financial Services Contract to Laona State Bank (October 2026)

Lakewood Sanitary District 1
Approved
Oct 12, 2026

The 30-second brief

What it covers

Lakewood Sanitary District 1 agreed to reinvest its Laona State Bank certificate of deposit. The board directed that the funds be split between six-month and 12-month CDs, using stated rates of 3.82% and 4.85%, respectively.

Who holds it

Laona State Bank holds this financial services contract with Lakewood Sanitary District 1. Its other public contracts on record include work for Town of Laona and Laona School District.

What happens next

Term as filed: Six-month and 12-month certificates of deposit; both to be placed into 12-month terms thereafter.

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Contract details

Contract type
Financial Services
Document date
October 12, 2026
Term
Six-month and 12-month certificates of deposit; both to be placed into 12-month terms thereafter
Source document
Lakewood Sanitary District 1 Minutes Regular Town Board Meeting 2026-10-12 (Minutes)

Laona State Bank's other public contracts

More Lakewood Sanitary District 1 contracts

Questions about this contract

Who was awarded the financial services contract by Lakewood Sanitary District 1?

Laona State Bank was awarded this financial services contract by Lakewood Sanitary District 1, as recorded on October 12, 2026.

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 Lakewood Sanitary District 1 Minutes Regular Town Board Meeting 2026-10-12 (Minutes), dated October 12, 2026 from Lakewood Sanitary District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Laona State Bank hold?

Laona State 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.

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What is Lakewood Sanitary District 1 currently buying?

Explore Lakewood Sanitary District 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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