FINANCIAL_SERVICESAPPROVED

Town of Park Awards Financial Services Contract to Southern Michigan Bank (January 2026)

Park Township Board approved opening a $250,000, 7‑month CD at 4% APY with Southern Michigan Bank and converting its accounts to a pooled structure. The CD will list Lari Roberts and Cindy Fenwick as named officials.

Status
APPROVED
Document date
January 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Southern Michigan Bank
Agency
Town of Park · MI

Trusted by teams at

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
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
$250,000 CD, 7 months, 4% APY
Contract type
FINANCIAL_SERVICES
Contract term
7 months
Renewal
Single 7‑month CD; renewal or rollover options not specified.
Document type
Minutes
Source document
Park Township Board of Trustees Minutes January 2026

Related contracts

Other contracts from Southern Michigan Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Southern Michigan Bank was awarded this financial services contract by Town of Park, as recorded on January 14, 2026. The contract value is $250,000 CD, 7 months, 4% APY.

How much is the Southern Michigan Bank contract with Town of Park worth?

The Southern Michigan Bank contract with Town of Park is valued at $250,000 CD, 7 months, 4% APY, 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 Park Township Board of Trustees Minutes January 2026 (Minutes), dated January 14, 2026 from Town of Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Southern Michigan Bank hold?

Southern Michigan 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 Southern Michigan Bank's profile

What is Town of Park currently buying?

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

View Town of Park's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free