CONTRACTONGOING

South Grove Township Invests $100,000 With Resource Bank

Disclosed value: $100,000 at 3.4% APR; From minutes
Document date: Aug 11, 2026
Term: 5 months

What it covers

South Grove Township invested $100,000 from its General Assistance Fund in a five-month certificate of deposit with Resource Bank. The CD carries a 3.4% annual percentage rate and was opened in July 2026.

Who holds it

Resource Bank holds this financial services contract with Town of South Grove. Its other public contracts on record include work for E911 and Hiawatha CUSD 426.

What happens next

Term as filed: 5 months.

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Contract details

Contract type: Financial Services
Amount: $100,000 at 3.4% APR
Document date: August 11, 2026
Term: 5 months
Vendor: Resource Bank
Agency: Town of South Grove
Source document: South Grove Township Minutes Regular Meeting August 11, 2026 (Minutes)

Resource Bank's other public contracts

E911, IowaCounty Approves Resource Bank Payment · Oct 20, 2026$30 Hiawatha CUSD 426, IllinoisHiawatha District Approves $250,000 Resource Bank CD · Sep 21, 2026$250K Hiawatha CUSD 426, IllinoisHiawatha Approves $250,000 Resource Bank Certificate · Sep 20, 2026$250K City of Sycamore city, IllinoisResource Bank Discussed for Mural Funding · Sep 14, 2026Undisclosed Town of South Grove, IllinoisTownship Explores Purchasing Card With Resource Bank · Sep 8, 2026Undisclosed All Resource Bank contractsVendor profile

More Town of South Grove contracts

Grant Cooper CpaTownship Continues Financial Reporting Engagement With CPA · Oct 11, 2026Undisclosed Grant Cooper CpaGrant Cooper CPA Handling Annual Financial Report · Sep 8, 2026Undisclosed Grant Cooper CpaTownship Submits Annual Financial Report Documents to CPA · Sep 8, 2026Undisclosed Resource BankTownship Explores Purchasing Card With Resource Bank · Sep 8, 2026Undisclosed Stauter, JohnSouth Grove Township Engages John Stauter for Financial Report · Aug 25, 2026 All Town of South Grove activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of South Grove?

Resource Bank was awarded this financial services contract by Town of South Grove, as recorded on August 11, 2026. The contract value is $100,000 at 3.4% APR.

How much is the Resource Bank contract with Town of South Grove worth?

The Resource Bank contract with Town of South Grove is valued at $100,000 at 3.4% APR, 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 South Grove Township Minutes Regular Meeting August 11, 2026 (Minutes), dated August 11, 2026 from Town of South Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Resource Bank hold?

Resource 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 South Grove currently buying?

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

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