FINANCIAL_SERVICESAPPROVED

Ortonville village Awards $50,000 Financial Services Contract to Oxford Bank (May 2026)

Ortonville Village Council approved the application for a $50,000 revolving line of credit with Oxford Bank. The loan features a variable rate adjusting daily and is intended to cover short-term needs, primarily June payroll, with planned repayment using tax revenue.

Status
APPROVED
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Oxford Bank
Agency
Ortonville village · 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
$50,000
Contract type
FINANCIAL_SERVICES
Contract term
Revolving line of credit, duration not specified; discussed scenarios for 1 year
Renewal
No auto-renewal indicated; the loan is intended as a short-term line with flexible repayment, primarily to be paid with tax revenue when received.
Document type
Minutes
Source document
Ortonville Village Council Special Meeting Minutes 2026-05-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Ortonville village?

Oxford Bank was awarded this financial services contract by Ortonville village, as recorded on May 18, 2026. The contract value is $50,000.

How much is the Oxford Bank contract with Ortonville village worth?

The Oxford Bank contract with Ortonville village is valued at $50,000, 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 Ortonville Village Council Special Meeting Minutes 2026-05-18 (Minutes), dated May 18, 2026 from Ortonville village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oxford Bank hold?

Oxford 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.

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What is Ortonville village currently buying?

Explore Ortonville village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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