FINANCIAL_SERVICESAPPROVED

Southwest Michigan Regional Airport Authority Awards Financial Services Contract to Sturgis Bank (November 2025)

The Southwest Michigan Regional Airport Authority approved reallocating airport funds at Sturgis Bank into a $250,000 CD, a $250,000 checking account, and additional funds into a checking account to remain within FDIC insurance limits. The action is part of Motion 2025-11 addressing cash management and deposit insurance coverage.

Status
APPROVED
Document date
November 20, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Sturgis Bank
Agency
Southwest Michigan Regional Airport Authority · 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 CD; $250,000.00 checking account; additional unspecified checking balance
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
southwest_michigan_regional_airport_authority_boar.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 Southwest Michigan Regional Airport Authority?

Sturgis Bank was awarded this financial services contract by Southwest Michigan Regional Airport Authority, as recorded on November 20, 2025. The contract value is $250,000.00 CD; $250,000.00 checking account; additional unspecified checking balance.

How much is the Sturgis Bank contract with Southwest Michigan Regional Airport Authority worth?

The Sturgis Bank contract with Southwest Michigan Regional Airport Authority is valued at $250,000.00 CD; $250,000.00 checking account; additional unspecified checking balance, 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 southwest_michigan_regional_airport_authority_boar.pdf (Minutes), dated November 20, 2025 from Southwest Michigan Regional Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sturgis Bank hold?

Sturgis 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 Sturgis Bank's profile

What is Southwest Michigan Regional Airport Authority currently buying?

Explore Southwest Michigan Regional Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Southwest Michigan Regional Airport Authority's profile

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