FINANCIAL_SERVICESAPPROVED

Town of Elk Awards Financial Services Contract to Lake-osceola State Bank (February 2025)

Elk Township Board approved rolling over its matured Certificate of Deposit account #100001522 into a new 7‑month CD with Lake-Osceola State Bank at a 4% interest rate. The action was authorized by a 5-0-0 board vote on February 11, 2025.

Document date · February 11, 2025

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Full account balance of Certificate of Deposit account #100001522 (amount not specified)
Contract type
FINANCIAL_SERVICES
Contract term
7-month Certificate of Deposit at 4% interest, commencing 2025-02-11
Renewal date
2025-09-11
Renewal
New 7-month CD term replaces the matured 11-month CD; renewal or reinvestment at term end will require a future board decision based on prevailing rates.
Document type
Minutes
Source document
Elk Township Minutes Regular Board Meeting 2025-02-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Elk?

Lake-osceola State Bank was awarded this financial services contract by Town of Elk, as recorded on February 11, 2025. The contract value is Full account balance of Certificate of Deposit account #100001522 (amount not specified).

How much is the Lake-osceola State Bank contract with Town of Elk worth?

The Lake-osceola State Bank contract with Town of Elk is valued at Full account balance of Certificate of Deposit account #100001522 (amount not specified), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Elk Township Minutes Regular Board Meeting 2025-02-11 (Minutes), dated February 11, 2025 from Town of Elk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lake-osceola State Bank hold?

Lake-osceola State 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.

View Lake-osceola State Bank's profile

What is Town of Elk currently buying?

Explore Town of Elk's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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