Township Reinvests CDs With Honor Bank

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

12 months for CD #91CDDG0018; six months for CDs #91DAYCD0019 and #91DAYCD0020 at 3.75%

Renewal

Existing CDs were rolled over into new terms: one for 12 months and two for six months at 3.75% interest. Future reinvestment or redemption will depend on board direction at maturity.

Document type

Minutes

Source document

Springdale Township Regular Board Meeting Minutes 2026-08-10

Frequently asked questions

Common questions about this contract, answered from the record.

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

Honor Bank was awarded this financial services contract by Town of Springdale, as recorded on August 10, 2026.

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 Springdale Township Regular Board Meeting Minutes 2026-08-10 (Minutes), dated August 10, 2026 from Town of Springdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Honor Bank hold?

Honor 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.

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