FINANCIAL_SERVICESAPPROVED

Town of Hume Awards $250,000 Financial Services Contract to Thumb National Bank (March 2023)

Hume Township authorized the treasurer to purchase a 12‑month, $250,000 certificate of deposit at Thumb National Bank using Road Fund Savings. The action shifts a portion of road funds into a short-term investment vehicle.

Status
APPROVED
Document date
March 20, 2023
Contract type
FINANCIAL_SERVICES
Vendor
Thumb National Bank
Agency
Town of Hume · 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
$250,000.00
Contract type
FINANCIAL_SERVICES
Contract term
12-month Certificate of Deposit
Renewal
Single 12‑month certificate of deposit; renewal or rollover after maturity will require future board action or bank instructions.
Document type
Minutes
Source document
Hume Township Meeting Minutes March 2023

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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 Hume?

Thumb National Bank was awarded this financial services contract by Town of Hume, as recorded on March 20, 2023. The contract value is $250,000.00.

How much is the Thumb National Bank contract with Town of Hume worth?

The Thumb National Bank contract with Town of Hume is valued at $250,000.00, 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 Hume Township Meeting Minutes March 2023 (Minutes), dated March 20, 2023 from Town of Hume. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Thumb National Bank hold?

Thumb National 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 Thumb National Bank's profile

What is Town of Hume currently buying?

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

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