FINANCIAL_SERVICESRATIFIED

City Ratifies $40,000 CD With Local Bank

The Tuckerman City Council ratified investing $40,000 in a certificate of deposit with Merchants and Planters Bank under Resolution 006-2026. The resolution also defines how interest earned on the CD will be appropriated.

Document date · May 11, 2026

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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
$40,000
Contract type
FINANCIAL_SERVICES
Renewal
Investment is held in a certificate of deposit; specific maturity date or renewal terms were not stated in the minutes.
Document type
Minutes
Source document
City of Tuckerman Regular City Council Meeting Minutes 2026-05-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Tuckerman?

Merchants & Planters Bank was awarded this financial services contract by City of Tuckerman, as recorded on May 11, 2026. The contract value is $40,000.

How much is the Merchants & Planters Bank contract with City of Tuckerman worth?

The Merchants & Planters Bank contract with City of Tuckerman is valued at $40,000, 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 City of Tuckerman Regular City Council Meeting Minutes 2026-05-11 (Minutes), dated May 11, 2026 from City of Tuckerman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merchants & Planters Bank hold?

Merchants & Planters 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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