5/3 Bank Positioned as MI Class Fund Conduit
- Document date
- Dec 9, 2025
The 30-second brief
As part of the MI Class investment option presented to Sherman Township, 5/3 Bank would serve as the conduit for moving funds between township accounts and the pool. The township has not yet approved participation or any change to its banking arrangements.
5/3 Bank holds this financial services contract with Town of Sherman. Its other public contracts on record include work for South Washington County School District and City of Warrenville city.
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Contract details
- Contract type
- Financial Services
- Document date
- December 9, 2025
- Vendor
- 5/3 Bank
- Agency
- Town of Sherman
- Source document
- Sherman Township Board Minutes December 2025 (Minutes)
5/3 Bank's other public contracts
More Town of Sherman contracts
Questions about this contract
Who was awarded the financial services contract by Town of Sherman?
5/3 Bank was awarded this financial services contract by Town of Sherman, as recorded on December 9, 2025.
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 Sherman Township Board Minutes December 2025 (Minutes), dated December 9, 2025 from Town of Sherman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What is Town of Sherman currently buying?
Explore Town of Sherman's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.