FINANCIAL_SERVICESAPPROVED

City of Sault Ste. Marie Awards Financial Services Contract to NICOLET (January 2026)

The Seal Estate Trustees approved depositing half of trust funds with Nicolet for one year at a 4.25% interest rate. The other half was allocated to Michigan Class. Action was approved by board vote.

Status
APPROVED
Document date
January 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
NICOLET
Agency
City of Sault Ste. Marie · MI

Trusted by teams at

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
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
50% of trust funds at 4.25% interest (amount not specified)
Contract type
FINANCIAL_SERVICES
Contract term
1 year
Renewal date
2026-01-24
Renewal
No renewal terms specified; investment term is one year.
Document type
Agenda
Source document
Seal Estate Trustees Meeting Agenda January 2026

Related contracts

Other contracts from NICOLET.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Sault Ste. Marie?

NICOLET was awarded this financial services contract by City of Sault Ste. Marie, as recorded on January 27, 2026. The contract value is 50% of trust funds at 4.25% interest (amount not specified).

How much is the NICOLET contract with City of Sault Ste. Marie worth?

The NICOLET contract with City of Sault Ste. Marie is valued at 50% of trust funds at 4.25% interest (amount not specified), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Seal Estate Trustees Meeting Agenda January 2026 (Agenda), dated January 27, 2026 from City of Sault Ste. Marie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does NICOLET hold?

NICOLET 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 NICOLET's profile

What is City of Sault Ste. Marie currently buying?

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

View City of Sault Ste. Marie's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free