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Eau Claire School Board Approves $10M Line of Credit

Eau Claire Area School District logoEau Claire Area School District
Disclosed value
$10,000,000
From agenda
Document date
Oct 27, 2025

The 30-second brief

What it covers

Eau Claire School Board is set to approve a line of credit with Merchants Bank, not exceeding $10,000,000, for cash flow purposes. This measure aims to address the timing gap between revenue collection and consistent expenses throughout the fiscal year.

Who holds it

Merchants Bank holds this line of credit contract with Eau Claire Area School District. Its other public contracts on record include work for South Washington County School District and Mckinley Charter School.

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Contract details

Contract type
Line Of Credit
Amount
$10,000,000
Document date
October 27, 2025
Term
NA
Vendor
Merchants Bank
Agency
Eau Claire Area School District
Source document
eau_claire_school_board_budget_hearing_special_mee.pdf (Agenda)

Merchants Bank's other public contracts

South Washington County School District, MinnesotaMerchants Bank Interbank Transfers Reported · Oct 22, 2026$289.5KMckinley Charter School, WisconsinEau Claire School District Seeks $13 Million Bank Line · Oct 15, 2026Mckinley Charter School, WisconsinDistrict Plans Merchants Bank Cash-Advance Authority · Oct 15, 2026UndisclosedLogan-Hocking Local Schools, OhioDistrict Reports Merchants Bank Rewards Balance · Oct 6, 2026UndisclosedCaledonia Public School District, MinnesotaSchool District Transfer Proposed for Merchants Bank · Sep 21, 2026$600KAll Merchants Bank contractsVendor profile

More Eau Claire Area School District contracts

Education AdvancedDistrict Uses Education Advanced for Staff Evaluations · Sep 20, 2026UndisclosedVector SolutionsDistrict Uses Vector Solutions for Safety Compliance Training · Sep 20, 2026UndisclosedCenter for Effective School Operations (Ceso)District Uses CESO for Labor Market Review · Sep 20, 2026UndisclosedHeartquest LLCDistrict Partners With HeartQuest for Staff Safety Training · Sep 20, 2026UndisclosedSkill SurveyDistrict Uses Skill Survey for Hiring References · Sep 20, 2026UndisclosedAll Eau Claire Area School District activityAgency profile

Questions about this contract

Who was awarded the line of credit contract by Eau Claire Area School District?

Merchants Bank was awarded this line of credit contract by Eau Claire Area School District, as recorded on October 27, 2025. The contract value is $10,000,000.

How much is the Merchants Bank contract with Eau Claire Area School District worth?

The Merchants Bank contract with Eau Claire Area School District is valued at $10,000,000, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a agenda record.

Where was this contract approved?

This contract appears in eau_claire_school_board_budget_hearing_special_mee.pdf (Agenda), dated October 27, 2025 from Eau Claire Area School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Merchants Bank hold?

Merchants 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 Eau Claire Area School District currently buying?

Explore Eau Claire Area School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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