Town of Ridge Awards $1,600,000 Financial Services Contract to Signature Bank (May 2025)
Town of RidgeCity · IL- Disclosed value
- $1,600,000.00
- From staff report
- Approved
- May 27, 2025
The 30-second brief
Signature Bank extended a $1.6 million loan tied to the acquisition and renovation of 116 South Prospect Avenue, including over $819,000 in undisbursed construction escrow funds. Loan fees of $13,512 were also charged at closing.
Signature Bank holds this financial services contract with Town of Ridge. Its other public contracts on record include work for Town of Balance of Swanton and Holland village.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,600,000.00
- Document date
- May 27, 2025
- Vendor
- Signature Bank
- Agency
- Town of Ridge
- Source document
- town-of-ridgestaff-report2025-05-27_769.pdf (Staff Report)
Signature Bank's other public contracts
More Town of Ridge contracts
Questions about this contract
Who was awarded the financial services contract by Town of Ridge?
Signature Bank was awarded this financial services contract by Town of Ridge, as recorded on May 27, 2025. The contract value is $1,600,000.00.
How much is the Signature Bank contract with Town of Ridge worth?
The Signature Bank contract with Town of Ridge is valued at $1,600,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staff report record.
Where was this contract approved?
This contract appears in town-of-ridgestaff-report2025-05-27_769.pdf (Staff Report), dated May 27, 2025 from Town of Ridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Signature Bank hold?
Signature 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 Town of Ridge currently buying?
Explore Town of Ridge's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.