CONTRACTRENEWED

Village Renews Two CDs at SOCU

Disclosed value: $110,043.16; From minutes
Document date: Aug 10, 2026

What it covers

The Village of Mazon approved renewing two certificates of deposit at the highest possible rate. One CD was for Motor Fuel with a balance of $110,043.16, and another was for Sewer Equipment with a balance of $51,289.21, both held at SOCU.

Who holds it

SOCU holds this financial services contract with Mazon village. Its other public contracts on record include work for Ottawa Police Department and Town of Ottawa.

What happens next

Term as filed: Renewal before the next board meeting; 3.93% rate.

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Contract details

Contract type: Financial Services
Amount: $110,043.16
Document date: August 10, 2026
Term: Renewal before the next board meeting; 3.93% rate
Vendor: SOCU
Agency: Mazon village
Source document: Village of Mazon Minutes Board Meeting 2026-08-10 (Minutes)

SOCU's other public contracts

Mazon village, IllinoisMazon Opens $40,000 Park Fund CD With SOCU · Sep 28, 2026$40K Ottawa Police Department, IllinoisOttawa Committee Approves $500 for SOCU Event · Aug 6, 2026$500 Town of Ottawa, IllinoisOttawa Funds SOCU Community Trunk Or Treat · Aug 6, 2026$500 Ottawa Port District, IllinoisSOCU Community Trunk or Treat Funding Approved · Aug 6, 2026$500 Mazon village, IllinoisVillage Declines SOCU CD Offer for Sewer Funds · Jul 13, 2026Undisclosed All SOCU contractsVendor profile

More Mazon village contracts

Earling, Christopher Dba the Silent KnightMazon Discusses Proposed TIF Agreement With Silent Knight · Oct 15, 2026Undisclosed Vissering ConstructionVissering Construction Preparing to Begin Village Work · Oct 12, 2026Undisclosed SOCUMazon Opens $40,000 Park Fund CD With SOCU · Sep 28, 2026$40K Mcloud AquaticsMcCloud Aquatics Quotes Mazon Aerator Repair · Sep 14, 2026$1K FSVillage Discusses $50,000 Media Disposal Option · Aug 10, 2026about $50,000 All Mazon village activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Mazon village?

SOCU was awarded this financial services contract by Mazon village, as recorded on August 10, 2026. The contract value is $110,043.16.

How much is the SOCU contract with Mazon village worth?

The SOCU contract with Mazon village is valued at $110,043.16, 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 Village of Mazon Minutes Board Meeting 2026-08-10 (Minutes), dated August 10, 2026 from Mazon village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does SOCU hold?

SOCU 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 Mazon village currently buying?

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

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