FINANCIAL_SERVICESAPPROVED

Warren CUSD 205 Awards Financial Services Contract to Community Bank (July 2026)

The Board approved awarding a 10‑month certificate of deposit totaling $1,157,245.26 at a 3.80% interest rate to Community Bank. The investment will hold district funds in an interest-bearing account for the coming period.

Status
APPROVED
Document date
July 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community Bank
Agency
Warren CUSD 205 · IL

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,157,245.26 at an interest rate of 3.80%
Contract type
FINANCIAL_SERVICES
Contract term
10 months
Renewal
Single 10‑month CD placement; any renewal or reinvestment would require future board action.
Document type
Minutes
Source document
Warren Community Unit School District #205 Board of Education Minutes 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Warren CUSD 205?

Community Bank was awarded this financial services contract by Warren CUSD 205, as recorded on July 15, 2026. The contract value is $1,157,245.26 at an interest rate of 3.80%.

How much is the Community Bank contract with Warren CUSD 205 worth?

The Community Bank contract with Warren CUSD 205 is valued at $1,157,245.26 at an interest rate of 3.80%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Warren Community Unit School District #205 Board of Education Minutes 2026-07-15 (Minutes), dated July 15, 2026 from Warren CUSD 205. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Bank hold?

Community 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.

View Community Bank's profile

What is Warren CUSD 205 currently buying?

Explore Warren CUSD 205's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Warren CUSD 205's profile

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