Prospect Heights SD 23 Awards Financial Services Contract to Amalgamated Bank of Chicago (August 2026)

School District Number 23 engaged Amalgamated Bank of Chicago as tax escrow agent, warrant registrar, paying agent, and transfer agent for its $3,866,000 2025 Taxable Educational Purposes Tax Anticipation Warrants. The bank will hold the Warrant Fund, manage tax intercept deposits, invest funds, and transfer monies to pay and discharge the warrants.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

From establishment of Warrant Fund on August 28, 2026 until warrants are paid and remaining funds returned; specific end date not stated

Renewal date

2027-03-01

Renewal

The resolution authorizes the President and Treasurer to execute Amalgamated Bank’s standard agreement upon request, but no explicit renewal or extension terms are provided. Engagement continues for the life of the warrants and related escrow operations.

Document type

Resolution

Source document

School District Number 23 Resolution Authorizing Issuance of Taxable Tax Anticipation Warrants 2026-08-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Prospect Heights SD 23?

Amalgamated Bank of Chicago was awarded this financial services contract by Prospect Heights SD 23, as recorded on August 19, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in School District Number 23 Resolution Authorizing Issuance of Taxable Tax Anticipation Warrants 2026-08-19 (Resolution), dated August 19, 2026 from Prospect Heights SD 23. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Amalgamated Bank of Chicago hold?

Amalgamated Bank of Chicago 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 Prospect Heights SD 23 currently buying?

Explore Prospect Heights SD 23's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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Prospect Heights SD 23 Awards Financial Services Contract to Amalgamated Bank of Chicago (August 2026)

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by Prospect Heights SD 23?

What type of contract is this?

Where was this contract approved?

What other contracts does Amalgamated Bank of Chicago hold?

What is Prospect Heights SD 23 currently buying?

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