Marshall County Awards Financial Services Contract to Merchants Bank (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

$10 million at 4.30% interest

Contract type

FINANCIAL_SERVICES

Contract term

1 year

Renewal date

2027-08-26

Renewal

One-year certificate of deposit; renewal options were not stated.

Document type

Minutes

Source document

Marshall County Commission Minutes Regular Session 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 Marshall County?

Merchants Bank was awarded this financial services contract by Marshall County, as recorded on August 26, 2026. The contract value is $10 million at 4.30% interest.

How much is the Merchants Bank contract with Marshall County worth?

The Merchants Bank contract with Marshall County is valued at $10 million at 4.30% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Marshall County Commission Minutes Regular Session 2026-08-26 (Minutes), dated August 26, 2026 from Marshall County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merchants Bank hold?

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.

View Merchants Bank's profile

What is Marshall County currently buying?

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

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