CONTRACTONGOING

District Invests $125K in Long-Term Cibm Bank CD

Disclosed value: $125,000.00; From report
Document date: Mar 31, 2025
Term: CD maturing 12/6/2027 at 4.06%
Renews: Mar 2027; Free account

What it covers

Richland School District maintains a $125,000 CD with Cibm Bank at 4.06% interest, maturing December 6, 2027, under its PLIGIT investment strategy.

Who holds it

Cibm Bank holds this financial services contract with Richland School District. Its other public contracts on record include work for Winnetka SD 36 and St Charles CUSD 303.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Richland School District contract.

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Contract details

Contract type: Financial Services
Amount: $125,000.00
Document date: March 31, 2025
Term: CD maturing 12/6/2027 at 4.06%
Renews: Free account
Vendor: Cibm Bank
Agency: Richland School District
Source document: richland-school-districtreport2025-03-31_b5e.pdf (Report)

Cibm Bank's other public contracts

Winnetka SD 36, IllinoisSchool District Holds CD With CIBM Bank · Aug 6, 2026$244.5K St Charles CUSD 303, IllinoisDistrict Places $236K Time Deposit with CIBM Bank · May 1, 2026$236K St Charles CUSD 303, IllinoisDistrict Schedules 2026 Maturity with CIBM Bank · Mar 1, 2026$236K St Charles CUSD 303, IllinoisCIBM Bank Time Deposit in District Investments · Feb 1, 2026$236K Heartland Community College, IllinoisCIBM Bank Short-Term CD Investment · Feb 1, 2026$247K All Cibm Bank contractsVendor profile

More Richland School District contracts

Mcpherson & JacobsonBoard Discusses Superintendent Search With McPherson & Jacobson · Sep 8, 2026Undisclosed Mcpherson & JacobsonRichland Continues Superintendent Search With McPherson Jacobson · Sep 8, 2026Undisclosed Hya AssociatesRichland Reviews HYA Associates Superintendent Search Proposal · Aug 11, 2026Undisclosed Northwest Leadership AssociatesRichland Reviews Northwest Leadership Search Proposal · Aug 11, 2026Undisclosed Mcpherson & JacobsonRichland Selects McPherson & Jacobson for Superintendent Search · Aug 11, 2026Undisclosed All Richland School District activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Richland School District?

Cibm Bank was awarded this financial services contract by Richland School District, as recorded on March 31, 2025. The contract value is $125,000.00.

How much is the Cibm Bank contract with Richland School District worth?

The Cibm Bank contract with Richland School District is valued at $125,000.00, 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 richland-school-districtreport2025-03-31_b5e.pdf (Report), dated March 31, 2025 from Richland School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cibm Bank hold?

Cibm 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 Richland School District currently buying?

Explore Richland School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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