FINANCIAL_SERVICESAPPROVED

Mattawan village Awards Financial Services Contract to Consumers Credit Union (July 2026)

On July 21, 2026, the Mattawan DDA approved placing a $400,000, 9‑month investment with either Consumers Credit Union or Kalamazoo County State Bank at a minimum 4.00% APY, using Consumers’ 4.35% APY CD rate as the standard to match. The action allocates DDA reserves to interest‑bearing accounts.

Status
APPROVED
Document date
July 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Consumers Credit Union
Agency
Mattawan village · MI

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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
Investment of $400,000 for 9 months at minimum 4.00% APY (if selected)
Contract type
FINANCIAL_SERVICES
Contract term
9 months
Renewal
The CD will have a 9‑month term; any renewal or rollover will require subsequent DDA action.
Document type
Agenda
Source document
Village of Mattawan Regular Council Meeting Agenda 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mattawan village?

Consumers Credit Union was awarded this financial services contract by Mattawan village, as recorded on July 27, 2026. The contract value is Investment of $400,000 for 9 months at minimum 4.00% APY (if selected).

How much is the Consumers Credit Union contract with Mattawan village worth?

The Consumers Credit Union contract with Mattawan village is valued at Investment of $400,000 for 9 months at minimum 4.00% APY (if selected), 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 Village of Mattawan Regular Council Meeting Agenda 2026-07-27 (Agenda), dated July 27, 2026 from Mattawan village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Consumers Credit Union hold?

Consumers Credit Union 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 Consumers Credit Union's profile

What is Mattawan village currently buying?

Explore Mattawan village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Mattawan village's profile

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