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Gogebic Community College Awards $1,000,000 Line Of Credit Contract to Gogebic Range Bank (August 2025)

Gogebic Community College logoGogebic Community College
Disclosed value
$1,000,000
From minutes
Approved
Aug 26, 2025
Term
1 year

The 30-second brief

What it covers

Gogebic Community College approves $1 million line of credit with Gogebic Range Bank for 2025-2026 at a fixed, tax-free interest rate of 5.25%. The bank was selected out of 5 RFPs.

Who holds it

Gogebic Range Bank holds this line of credit contract with Gogebic Community College. Its other public contracts on record include work for Bessemer Area School District and Town of Bergland.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Line Of Credit
Amount
$1,000,000
Document date
August 26, 2025
Term
1 year
Vendor
Gogebic Range Bank
Agency
Gogebic Community College
Source document
gogebic_community_college_board_minutes_august_202.pdf (Minutes)

Gogebic Range Bank's other public contracts

Bessemer Area School District, MichiganGogebic Range Bank Named School Depository · Jan 7, 2026UndisclosedBessemer Area School District, MichiganGogebic Range Bank eyed as school depository · Jan 7, 2026UndisclosedTown of Bergland, MichiganTownship Opens General Fund Account at Gogebic Range Bank · Dec 18, 2025UndisclosedCity of Bessemer, MichiganCity Designates Gogebic Range Bank as Depository · Nov 10, 2025UndisclosedCity of Bessemer, MichiganCity Designates Gogebic Range Bank as Depository · Nov 10, 2025UndisclosedAll Gogebic Range Bank contractsVendor profile

More Gogebic Community College contracts

MAHEGCC Board to Consider MAHE Contract After Closed Session · Sep 27, 2026UndisclosedAFSCMEGCC Board to Consider AFSCME Contract After Closed Session · Sep 27, 2026UndisclosedGogebic-ontonagon Intermediate School DistrictGCC to Consider CTE Contract with Intermediate School District · Sep 27, 2026UndisclosedGogebic-ontonagon Intermediate School DistrictGCC to Consider Teacher Education MOU with Intermediate School District · Sep 27, 2026UndisclosedCc- IsdGCC to consider CC-ISD programming contract · Aug 25, 2026UndisclosedAll Gogebic Community College activityAgency profile

Questions about this contract

Who was awarded the line of credit contract by Gogebic Community College?

Gogebic Range Bank was awarded this line of credit contract by Gogebic Community College, as recorded on August 26, 2025. The contract value is $1,000,000.

How much is the Gogebic Range Bank contract with Gogebic Community College worth?

The Gogebic Range Bank contract with Gogebic Community College is valued at $1,000,000, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a minutes record.

Where was this contract approved?

This contract appears in gogebic_community_college_board_minutes_august_202.pdf (Minutes), dated August 26, 2025 from Gogebic Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Gogebic Range Bank hold?

Gogebic Range 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.

What is Gogebic Community College currently buying?

Explore Gogebic Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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