District Maintains $4M CD Portfolio With BMO Harris
Northwestern Consolidated School CorporationSchool · Fairland, IN- Disclosed value
- $4,000,000 in certificates of deposit
- From report
- Document date
- Jan 9, 2026
The 30-second brief
Northwestern School Corporation maintains $4 million in laddered 12‑month certificates of deposit with BMO Harris to generate interest income for its operations fund. Interest is deposited at each CD’s maturity while principal is generally reinvested in new 12‑month CDs subject to cash flow needs.
Bmo Harris holds this financial services contract with Northwestern Consolidated School Corporation. Its other public contracts on record include work for South Washington County School District and Fox Lake village (pt.).
Term as filed: 12-month CDs laddered in 3-month increments; ongoing reinvestment at maturity.
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Contract details
- Contract type
- Financial Services
- Amount
- $4,000,000 in certificates of deposit
- Document date
- January 9, 2026
- Term
- 12-month CDs laddered in 3-month increments; ongoing reinvestment at maturity
- Vendor
- Bmo Harris
- Source document
- Northwestern School Corporation Investment Report 2026-01-09 (Report)
Bmo Harris's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Northwestern Consolidated School Corporation?
Bmo Harris was awarded this financial services contract by Northwestern Consolidated School Corporation, as recorded on January 9, 2026. The contract value is $4,000,000 in certificates of deposit.
How much is the Bmo Harris contract with Northwestern Consolidated School Corporation worth?
The Bmo Harris contract with Northwestern Consolidated School Corporation is valued at $4,000,000 in certificates of deposit, 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 Northwestern School Corporation Investment Report 2026-01-09 (Report), dated January 9, 2026 from Northwestern Consolidated School Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bmo Harris hold?
Bmo Harris 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 Northwestern Consolidated School Corporation currently buying?
Explore Northwestern Consolidated School Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.