FINANCIAL_SERVICESREJECTED

Sebewaing Rescinds Vactor Truck Loan from Thumb Bank

The Village of Sebewaing rescinded a previously approved $215,670.00, 5‑year loan at 4.8% from Thumb Bank & Trust intended to finance a Vactor truck purchase. The council will instead use maturing sewer fund CDs to pay for the truck in full.

Status
REJECTED
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Thumb Bank & Trust
Agency
Sebewaing village · MI

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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
$215,670.00
Contract type
FINANCIAL_SERVICES
Contract term
5 years
Renewal
Original financing resolution for the Vactor Truck loan was canceled before or during implementation; no renewal will occur.
Document type
Minutes
Source document
Village of Sebewaing Minutes Regular Council Meeting 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 Sebewaing village?

Thumb Bank & Trust was awarded this financial services contract by Sebewaing village, as recorded on May 18, 2026. The contract value is $215,670.00.

How much is the Thumb Bank & Trust contract with Sebewaing village worth?

The Thumb Bank & Trust contract with Sebewaing village is valued at $215,670.00, 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 Village of Sebewaing Minutes Regular Council Meeting 2026-05-18 (Minutes), dated May 18, 2026 from Sebewaing village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Thumb Bank & Trust hold?

Thumb Bank & Trust 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 Sebewaing village currently buying?

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

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