FINANCIAL_SERVICESONGOING

Century Bank Commits $400K to DDA Loan Pool

Century Bank & Trust contributed $400,000 to the Coldwater DDA’s low-interest loan pool to finance façade and structural improvements in the downtown district at 1% below prime for up to five years. The bank partners with the DDA to support redevelopment projects.

Status
ONGOING
Document date
June 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Century Bank & Trust
Agency
City of Coldwater · MI

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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
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
$400,000
Contract type
FINANCIAL_SERVICES
Contract term
Loan pool capital contribution; individual loans up to 5 years
Renewal
Contribution forms part of a standing loan pool; individual loans have terms up to five years at 1% below prime with a floor of 3.25%. Extensions beyond the standard maximum loan amount require Review Committee and bank approval.
Document type
AgendaPacket
Source document
City of Coldwater Downtown Development Authority Agenda Packet 2026-06-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Coldwater?

Century Bank & Trust was awarded this financial services contract by City of Coldwater, as recorded on June 23, 2026. The contract value is $400,000.

How much is the Century Bank & Trust contract with City of Coldwater worth?

The Century Bank & Trust contract with City of Coldwater is valued at $400,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Coldwater Downtown Development Authority Agenda Packet 2026-06-24 (AgendaPacket), dated June 23, 2026 from City of Coldwater. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Century Bank & Trust hold?

Century Bank & Trust 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 Century Bank & Trust's profile

What is City of Coldwater currently buying?

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

View City of Coldwater's profile

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