First Merchants Bank Named Escrow and Surety Provider

Contour’s public charter agreement designates First Merchants Bank as both the escrow depository for passenger payments and the issuer of a surety trust securing those funds. The bank holds charter payments in escrow and provides security for refunds in accordance with federal charter regulations.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

The duration and renewal terms of the escrow and surety trust arrangements are not specified in this document and likely governed by separate agreements between Contour and First Merchants Bank.

Document type

Contract

Source document

Corporate Flight Management Public Charter Operator-Participant Contract April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Tupelo Airport Authority?

First Merchants Bank was awarded this financial services contract by Tupelo Airport Authority, as recorded on April 23, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Corporate Flight Management Public Charter Operator-Participant Contract April 2026 (Contract), dated April 23, 2026 from Tupelo Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Merchants Bank hold?

First Merchants 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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