Town of Olivet Awards Financial Services Contract to Eaton Community Bank (February 2023)

The City of Olivet Council approved converting its current certificates of deposit to a new 4.25% rate for a two-year term with Eaton Community Bank, enabling higher yields for municipal funds.

Document date · February 13, 2023

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

2 years

Renewal date

2025-02-13

Renewal

2-year CD term; can renew or change at maturity date. Conversion of existing CD terms to new rate.

Document type

Meeting Minutes

Source document

town-of-olivet-meeting-minutes-2023-02-13_20c.pdf

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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 Olivet?

Eaton Community Bank was awarded this financial services contract by Town of Olivet, as recorded on February 13, 2023.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-olivet-meeting-minutes-2023-02-13_20c.pdf (Meeting Minutes), dated February 13, 2023 from Town of Olivet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eaton Community Bank hold?

Eaton Community 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 Eaton Community Bank's profile

What is Town of Olivet currently buying?

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

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