FINANCIAL_SERVICESAPPROVED

Town of Reynolds Awards Financial Services Contract to First Merchants (May 2026)

The Town of Reynolds approved actions with First Merchants to close a breached utility payment account, open a new account, and change authorized signers for town banking. The changes respond to a recent bank breach affecting online and ACH water bill payments.

Status
APPROVED
Document date
May 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Merchants
Agency
Town of Reynolds · IN

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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 type
FINANCIAL_SERVICES
Renewal
Ongoing depository relationship with updated account structure and authorized signers; no defined end date or renewal schedule stated.
Document type
Minutes
Source document
Town of Reynolds Minutes Town Council Meeting 2026-05-12

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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 Reynolds?

First Merchants was awarded this financial services contract by Town of Reynolds, as recorded on May 12, 2026.

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 Town of Reynolds Minutes Town Council Meeting 2026-05-12 (Minutes), dated May 12, 2026 from Town of Reynolds. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Merchants hold?

First Merchants 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 First Merchants's profile

What is Town of Reynolds currently buying?

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

View Town of Reynolds's profile

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