Town of Munson Awards $300,000 Financial Services Contract to Magnifi Bank (December 2025)

Munson Township Board approved moving $300,000 into a 7-month certificate of deposit at 4% with Magnifi Bank.

Document date · December 15, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$300,000

Contract type

FINANCIAL_SERVICES

Contract term

7 months at 4% interest

Renewal date

2026-07-15

Document type

Minutes

Source document

Munson Township Board Meeting Minutes December 2025

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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 Munson?

Magnifi Bank was awarded this financial services contract by Town of Munson, as recorded on December 15, 2025. The contract value is $300,000.

How much is the Magnifi Bank contract with Town of Munson worth?

The Magnifi Bank contract with Town of Munson is valued at $300,000, 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 Munson Township Board Meeting Minutes December 2025 (Minutes), dated December 15, 2025 from Town of Munson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Magnifi Bank hold?

Magnifi 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 Magnifi Bank's profile

What is Town of Munson currently buying?

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

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