FINANCIAL_SERVICESAPPROVED

Hesperia village Awards $110,161 Financial Services Contract to Huntington Bank (July 2026)

The Village of Hesperia council approved moving a total of $110,160.66 in matured CDs from Huntington Bank to Choice One Bank for a new one-year term at 3.75%. This action reallocates General Fund, Major Streets, and Sewer funds to a higher-yield investment vehicle.

Status
APPROVED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Huntington Bank
Agency
Hesperia 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
$110,160.66
Contract type
FINANCIAL_SERVICES
Contract term
1 year at 3.75% rate
Renewal date
2027-07-13
Renewal
Prior CDs at Huntington Bank had matured and are being closed; funds are being reinvested at Choice One Bank for one year.
Document type
Minutes
Source document
Village of Hesperia Regular Council Meeting Minutes 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Hesperia village?

Huntington Bank was awarded this financial services contract by Hesperia village, as recorded on July 13, 2026. The contract value is $110,160.66.

How much is the Huntington Bank contract with Hesperia village worth?

The Huntington Bank contract with Hesperia village is valued at $110,160.66, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Hesperia Regular Council Meeting Minutes 2026-07-13 (Minutes), dated July 13, 2026 from Hesperia village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Huntington Bank hold?

Huntington 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.

View Huntington Bank's profile

What is Hesperia village currently buying?

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

View Hesperia village's profile

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