1st Source Manages Major School District Deposits

Valparaiso Community Schools relies on 1st Source for a wide range of depository and investment accounts across operating, self-insurance, pension, and food service funds, yielding significant interest income in 2024. The banking relationship supports management of more than $50 million in reported ending balances.

Document date · January 15, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Calendar year 2024

Renewal

No specific agreement dates or renewal clauses are provided; this appears to be an ongoing banking and investment relationship across multiple funds.

Document type

Report

Source document

valparaiso-community-schools-report-2025-01-15_514.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Valparaiso Community Schools?

1st Source was awarded this financial services contract by Valparaiso Community Schools, as recorded on January 15, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in valparaiso-community-schools-report-2025-01-15_514.pdf (Report), dated January 15, 2025 from Valparaiso Community Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 1st Source hold?

1st Source may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View 1st Source's profile

What is Valparaiso Community Schools currently buying?

Explore Valparaiso Community Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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