FINANCIAL_SERVICESAPPROVED

Canton Public Library District Awards Financial Services Contract to Midamerica National Bank (April 2026)

The Parlin-Ingersoll Public Library Board authorized MidAmerica National Bank Trust Officers to invest $500,000 of reserve funds into a 1-year and a 2-year CD or Government Agency bond to increase interest income.

Document date · April 15, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
$500,000 (investment of reserve income into CDs or Government Agency bonds)
Contract type
FINANCIAL_SERVICES
Contract term
$250,000 in 1-year CD or Government Agency bond and $250,000 in 2-year CD or Government Agency bond
Renewal
Investments are expected to roll over at expiration; 1-year and 2-year terms with potential renewal at maturity.
Document type
Minutes
Source document
Parlin-Ingersoll Public Library Board of Trustees Minutes 2026-04-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Canton Public Library District?

Midamerica National Bank was awarded this financial services contract by Canton Public Library District, as recorded on April 15, 2026. The contract value is $500,000 (investment of reserve income into CDs or Government Agency bonds).

How much is the Midamerica National Bank contract with Canton Public Library District worth?

The Midamerica National Bank contract with Canton Public Library District is valued at $500,000 (investment of reserve income into CDs or Government Agency bonds), 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 Parlin-Ingersoll Public Library Board of Trustees Minutes 2026-04-15 (Minutes), dated April 15, 2026 from Canton Public Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Midamerica National Bank hold?

Midamerica National 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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What is Canton Public Library District currently buying?

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