CONTRACTONGOING

Mercantile Bank of Michigan CD Held by City

Disclosed value: $125,000.00; From agenda
Document date: Feb 17, 2020
Term: Matures July 7, 2020

What it covers

Delafield’s investment program includes a $125,000 CD with Mercantile Bank of Michigan, yielding 1.75% and maturing July 7, 2020.

Who holds it

Mercantile Bank of Michigan holds this financial services contract with City of Delafield. Its other public contracts on record include work for Town of Ovid and Town of Texas charter.

What happens next

Term as filed: Matures July 7, 2020.

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Contract details

Contract type: Financial Services
Amount: $125,000.00
Document date: February 17, 2020
Term: Matures July 7, 2020
Vendor: Mercantile Bank of Michigan
Agency: City of Delafield
Source document: City of Delafield Common Council Agenda February 2020 (Agenda)

Mercantile Bank of Michigan's other public contracts

Town of Ovid, MichiganVehicle Loan Payment to Mercantile Bank · Apr 13, 2026$9.3K Town of Texas charter, MichiganMercantile Bank paid under Longhorn Drive financing · Apr 13, 2026$4.3K Town of Swan Creek, MichiganMercantile Bank Named Township Depository for 2026/27 · Mar 30, 2026Undisclosed City of Lowell, MichiganMercantile Bank of Michigan Approved as Depository · Jan 5, 2026Undisclosed Van Buren County, MichiganCounty Treasurer Approved for Custodial Agreements with Mercantile Bank · Sep 23, 2025Undisclosed All Mercantile Bank of Michigan contractsVendor profile

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Questions about this contract

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

Mercantile Bank of Michigan was awarded this financial services contract by City of Delafield, as recorded on February 17, 2020. The contract value is $125,000.00.

How much is the Mercantile Bank of Michigan contract with City of Delafield worth?

The Mercantile Bank of Michigan contract with City of Delafield is valued at $125,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Delafield Common Council Agenda February 2020 (Agenda), dated February 17, 2020 from City of Delafield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mercantile Bank of Michigan hold?

Mercantile Bank of Michigan 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 City of Delafield currently buying?

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

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