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FINANCIAL_SERVICESRECOMMENDED

Digger Truck Financing Recommended With Southern Michigan Bank

The City of Sturgis recommended using Southern Michigan Bank & Trust for $452,128 of installment purchase financing for a replacement Digger/Derrick Truck. The proposed financing carries a 4.13 percent rate over 10 years.

Document date · August 26, 2026

Issuing agencyCity of SturgisVendorSouthern Michigan Bank & Trust

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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
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$452,128.00
Contract type
FINANCIAL_SERVICES
Contract term
10 years at 4.13 percent
Renewal date
2036-08-26
Document type
AgendaPacket
Source document
City of Sturgis Agenda Packet 2026-08-26

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Southern Michigan Bank & Trust was awarded this financial services contract by City of Sturgis, as recorded on August 26, 2026. The contract value is $452,128.00.

How much is the Southern Michigan Bank & Trust contract with City of Sturgis worth?

The Southern Michigan Bank & Trust contract with City of Sturgis is valued at $452,128.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Sturgis Agenda Packet 2026-08-26 (AgendaPacket), dated August 26, 2026 from City of Sturgis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Southern Michigan Bank & Trust hold?

Southern Michigan Bank & Trust 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 Southern Michigan Bank & Trust's profile

What is City of Sturgis currently buying?

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

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