FINANCIAL_SERVICESAPPROVED

Town of Plankinton Awards Financial Services Contract to Farmers & Merchants State Bank (March 2026)

Plankinton City Council approved moving ACH processing to Farmers and Merchants State Bank at a fee of $7.00 plus $0.05 per transaction. The bank will handle ACH transactions 1-2 days before the payment due date.

Status
APPROVED
Document date
March 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Farmers & Merchants State Bank
Agency
Town of Plankinton · SD

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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
$7.00 plus $0.05 per transaction
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Plankinton City Council Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Farmers & Merchants State Bank was awarded this financial services contract by Town of Plankinton, as recorded on March 16, 2026. The contract value is $7.00 plus $0.05 per transaction.

How much is the Farmers & Merchants State Bank contract with Town of Plankinton worth?

The Farmers & Merchants State Bank contract with Town of Plankinton is valued at $7.00 plus $0.05 per transaction, 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 Plankinton City Council Meeting Minutes March 2026 (Minutes), dated March 16, 2026 from Town of Plankinton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers & Merchants State Bank hold?

Farmers & Merchants State 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 Farmers & Merchants State Bank's profile

What is Town of Plankinton currently buying?

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

View Town of Plankinton's profile

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