Civic IQ
CONTRACTONGOING
Get alerts

School District CD Placed With American Bank

Valley View CUSD 365U logoValley View CUSD 365U
Disclosed value
$246,309.29 (face/par $249,072.68; interest $2,763.39)
From report
Document date
Apr 14, 2025

The 30-second brief

What it covers

Valley View School District holds a $246,309.29 CD with American Bank at a 4.5% rate maturing March 27, 2025. The position is included in the district’s first-quarter ISDLAF+ investment report.

Who holds it

American Bank holds this financial services contract with Valley View CUSD 365U. Its other public contracts on record include work for Reading Housing Authority and Salisbury Township SD.

What happens next

Term as filed: Trade Date 03/27/2025; Settle Date 12/26/2024; Maturity Date 03/27/2025; Rate 4.500%.

See who signed off on this contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$246,309.29 (face/par $249,072.68; interest $2,763.39)
Document date
April 14, 2025
Term
Trade Date 03/27/2025; Settle Date 12/26/2024; Maturity Date 03/27/2025; Rate 4.500%
Vendor
American Bank
Agency
Valley View CUSD 365U
Source document
Valley View School District 365 Treasurer's Action Report 2025-04-14 (Report)

American Bank's other public contracts

Reading Housing Authority, PennsylvaniaAmerican Bank Loan Planned for River Oak Renovations · Sep 20, 2026UndisclosedSalisbury Township SD, PennsylvaniaCollege Renews $3 Million CD With American Bank · Sep 3, 2026Lehigh Carbon Community College, PennsylvaniaCollege Renews $3 Million CD with American Bank · Sep 3, 2026Reading Housing Authority, PennsylvaniaCommercial Mortgage from American Bank for Renovations · Aug 25, 2026UndisclosedRochester CUSD 3A, IllinoisDistrict Considers Depository Shift To American Bank · Aug 19, 2026UndisclosedAll American Bank contractsVendor profile

More Valley View CUSD 365U contracts

Apple Store for Education InstitutionDistrict seeks Apple iPad purchase for AAC support · Jul 21, 2026$110KApple Store for Education InstitutionDistrict Plans Assistive Technology iPad Purchase from Apple · Jul 21, 2026Illinois Public Risk FundDistrict Signs Workers’ Compensation Deductible Agreement · Jul 1, 2026HARTFORDDistrict Secures $32M Treasurer’s Bond from Hartford · Jun 15, 2026Amalgamated Bank of ChicagoAmalgamated Bank To Pay Refunded School Bonds · Jun 15, 2026UndisclosedAll Valley View CUSD 365U activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Valley View CUSD 365U?

American Bank was awarded this financial services contract by Valley View CUSD 365U, as recorded on April 14, 2025. The contract value is $246,309.29 (face/par $249,072.68; interest $2,763.39).

How much is the American Bank contract with Valley View CUSD 365U worth?

The American Bank contract with Valley View CUSD 365U is valued at $246,309.29 (face/par $249,072.68; interest $2,763.39), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Valley View School District 365 Treasurer's Action Report 2025-04-14 (Report), dated April 14, 2025 from Valley View CUSD 365U. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does American Bank hold?

American 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 Valley View CUSD 365U currently buying?

Explore Valley View CUSD 365U's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More Valley View CUSD 365U contracts →Browse all agencies in Illinois →