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District Holds Long-Term Cibm Bank CD Investment

Richland SD
Disclosed value
$125,000
From report
Document date
Apr 30, 2025
Renews
Free account

The 30-second brief

What it covers

Richland School District has invested $125,000 in a Cibm Bank CD via PLIGIT, earning 4.06% interest until its December 6, 2027 maturity. This supports the district’s longer-term investment ladder.

Who holds it

Cibm Bank holds this financial services contract with Richland SD. 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 SD contract.

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Contract details

Contract type
Financial Services
Amount
$125,000
Document date
April 30, 2025
Term
Until maturity 2027-12-06 (4.06% interest)
Renews
Free account
Vendor
Cibm Bank
Agency
Richland SD
Source document
richland-sd-report-2025-04-30_f7a.pdf (Report)

Cibm Bank's other public contracts

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

More Richland SD contracts

Word Vault ProWord Vault Pro speech therapy tool purchased · Jun 22, 2026$50Directec LLCDirecTec to inspect district fire panels · Jun 22, 2026$4.5K1st Summit Bank1st Summit Bank named 2026–27 depository · Jun 22, 2026UndisclosedEXPLORELEARNINGReflex Math in Year 3 of 6-year term · Jun 22, 2026UndisclosedPink Cat Studio IncPink Cat Games Renewed For Special Education · Jun 22, 2026$250All Richland SD activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Richland SD?

Cibm Bank was awarded this financial services contract by Richland SD, as recorded on April 30, 2025. The contract value is $125,000.

How much is the Cibm Bank contract with Richland SD worth?

The Cibm Bank contract with Richland SD is valued at $125,000, 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-sd-report-2025-04-30_f7a.pdf (Report), dated April 30, 2025 from Richland SD. 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 SD currently buying?

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

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