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City of Missouri Valley Awards Financial Services Contract to Midstates Bank (January 2026)

City of Missouri Valley logoCity of Missouri Valley
Disclosed value
Not to exceed $7,000,000.00 on deposit
From resolution
Approved
Jan 6, 2026

The 30-second brief

What it covers

The City of Missouri Valley approved MidStates Bank as an authorized depository for municipal funds with a balance limit of $7,000,000.00. The City Treasurer is empowered to place city funds at this institution under Resolution 25-03.

Who holds it

Midstates Bank holds this financial services contract with City of Missouri Valley. Its other public contracts on record include work for City of Avoca and Southwest Iowa Transit Agency (SWITA).

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Contract details

Contract type
Financial Services
Amount
Not to exceed $7,000,000.00 on deposit
Document date
January 6, 2026
Vendor
Midstates Bank
Agency
City of Missouri Valley
Source document
city_of_missouri_valley_resolution_25_03_naming_de.pdf (Resolution)

Midstates Bank's other public contracts

City of Avoca, IowaAvoca Approves Midstates Bank Debt Payment · Jul 14, 2026$227.1KCity of Avoca, IowaCouncil Approves $590,000 GO Note with MidStates Bank · Jun 16, 2026$590KSouthwest Iowa Transit Agency (SWITA), IowaSWIPCO Approves Midstates Bank Depository Authorization · Mar 26, 2026City of Missouri Valley, IowaCertificate of Deposit Reinvested with MidStates Bank at 3.8% · Mar 3, 2026City of Avoca, IowaCity Makes Interest Payment to Midstates Bank · Jan 20, 2026$3.1KAll Midstates Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Missouri Valley?

Midstates Bank was awarded this financial services contract by City of Missouri Valley, as recorded on January 6, 2026. The contract value is Not to exceed $7,000,000.00 on deposit.

How much is the Midstates Bank contract with City of Missouri Valley worth?

The Midstates Bank contract with City of Missouri Valley is valued at Not to exceed $7,000,000.00 on deposit, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in city_of_missouri_valley_resolution_25_03_naming_de.pdf (Resolution), dated January 6, 2026 from City of Missouri Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Midstates Bank hold?

Midstates 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 City of Missouri Valley currently buying?

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

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