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First Source Bank DTC Investment

North Palos SD 117 logoNorth Palos SD 117
Disclosed value
Par value $247,000.00 (price $247,329.20, rate 1.560%)
From report
Document date
Apr 30, 2020

The 30-second brief

What it covers

The district holds a DTC investment with First Source Bank valued at $247,000 par at 1.560%, maturing June 28, 2021.

Who holds it

First Source Bank holds this financial services contract with North Palos SD 117. Its other public contracts on record include work for Town of Hebron and City of Elkhart.

What happens next

Term as filed: Settlement 2019-12-27 to maturity 2021-06-28.

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Contract details

Contract type
Financial Services
Amount
Par value $247,000.00 (price $247,329.20, rate 1.560%)
Document date
April 30, 2020
Term
Settlement 2019-12-27 to maturity 2021-06-28
Vendor
First Source Bank
Agency
North Palos SD 117
Source document
north-palos-sd-117-report-2020-04-30_40c.pdf (Report)

First Source Bank's other public contracts

Town of Hebron, IndianaHRC Approves First Source Bank Fire Station Payment · Jul 6, 2026$16.8KCity of Elkhart, IndianaTravel and Training Card Expenses via First Source Bank · Apr 28, 2026UndisclosedTown of Galien, MichiganFirst Source Bank Added as Township Depository · Apr 9, 2026UndisclosedCity of Valparaiso, IndianaCity Pursues Amphitheater Naming Rights Deal · Mar 23, 2026UndisclosedTown of Pavilion, MichiganFirst Source Bank Approved as Township Depository · Mar 9, 2026UndisclosedAll First Source Bank contractsVendor profile

More North Palos SD 117 contracts

PARKWAYSorrick Renovation Change Orders Recommended for Approval · Oct 20, 2026Abbey Construction CompanySorrick Sidewalk Installation Recommended with Abbey Allowance · Oct 20, 2026$50KABBEYKindergarten Project Change Orders Recommended for Approval · Oct 20, 2026OMEGASorrick Renovation Change Orders Recommended for Approval · Oct 20, 2026NELSONKindergarten Project Change Orders Recommended for Approval · Oct 20, 2026All North Palos SD 117 activityAgency profile

Questions about this contract

Who was awarded the financial services contract by North Palos SD 117?

First Source Bank was awarded this financial services contract by North Palos SD 117, as recorded on April 30, 2020. The contract value is Par value $247,000.00 (price $247,329.20, rate 1.560%).

How much is the First Source Bank contract with North Palos SD 117 worth?

The First Source Bank contract with North Palos SD 117 is valued at Par value $247,000.00 (price $247,329.20, rate 1.560%), 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 north-palos-sd-117-report-2020-04-30_40c.pdf (Report), dated April 30, 2020 from North Palos SD 117. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Source Bank hold?

First Source 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 North Palos SD 117 currently buying?

Explore North Palos SD 117's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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