FINANCIAL_SERVICESAPPROVED

City of Caro Awards $264,224 Financial Services Contract to Northstar Bank (June 2026)

The Caro City Council approved transferring a maturing CD of $264,224.43 to Northstar Bank for one year at 3.80% interest. This action manages the City’s short-term investments for better yield.

Status
APPROVED
Document date
June 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Northstar Bank
Agency
City of Caro · MI

Trusted by teams at

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
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
$264,224.43
Contract type
FINANCIAL_SERVICES
Contract term
1 year at 3.80%
Renewal date
2027-06-15
Renewal
One-year CD investment at 3.80%; renewal or reinvestment decisions will be required at maturity.
Document type
Minutes
Source document
Caro City Council Minutes 2026-06-15

Frequently asked questions

Common questions about this contract, answered from the record.

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

Northstar Bank was awarded this financial services contract by City of Caro, as recorded on June 15, 2026. The contract value is $264,224.43.

How much is the Northstar Bank contract with City of Caro worth?

The Northstar Bank contract with City of Caro is valued at $264,224.43, 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 Caro City Council Minutes 2026-06-15 (Minutes), dated June 15, 2026 from City of Caro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northstar Bank hold?

Northstar 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 Northstar Bank's profile

What is City of Caro currently buying?

Explore City of Caro's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Caro's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free