CONTRACTONGOING

Operating Fund Sells Sallie Mae Bank Certificate

Town of Schaumburg logoTown of Schaumburg
Disclosed value
$90,524
From agendapacket
Document date
Dec 17, 2025

The 30-second brief

What it covers

The Township's Operating Fund sold a Sallie Mae Bank certificate of deposit valued at $90,524 on November 10, 2025. The security had been scheduled to mature on August 10, 2026.

Who holds it

Sallie Mae Bank holds this financial services contract with Town of Schaumburg. Its other public contracts on record include work for Chino Valley Independent Fire District and Town of Dillon.

What happens next

Term as filed: Security sold November 10, 2025; maturity date August 10, 2026.

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Contract details

Contract type
Financial Services
Amount
$90,524
Document date
December 17, 2025
Term
Security sold November 10, 2025; maturity date August 10, 2026
Source document
Township of Schaumburg AgendaPacket Regular Meeting of the Board 2025-12-17 (AgendaPacket)

Sallie Mae Bank's other public contracts

More Town of Schaumburg contracts

Questions about this contract

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

Sallie Mae Bank was awarded this financial services contract by Town of Schaumburg, as recorded on December 17, 2025. The contract value is $90,524.

How much is the Sallie Mae Bank contract with Town of Schaumburg worth?

The Sallie Mae Bank contract with Town of Schaumburg is valued at $90,524, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Township of Schaumburg AgendaPacket Regular Meeting of the Board 2025-12-17 (AgendaPacket), dated December 17, 2025 from Town of Schaumburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sallie Mae Bank hold?

Sallie Mae 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 Schaumburg currently buying?

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

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