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Oakland County Awards Financial Services Contract to Independent Bank (October 2026)

Oakland County logoOakland County
Disclosed value
$10,722,058 par value
From agendapacket
Approved
Oct 7, 2026
Term
July 15, 2026 – July 15, 2027
Renews
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The 30-second brief

What it covers

Oakland County’s investment portfolio purchased $10.72 million in a certificate of deposit from Independent Bank. The investment was made July 15, 2026, at 3.10% and matures July 15, 2027.

Who holds it

Independent Bank holds this financial services contract with Oakland County. Its other public contracts on record include work for City of Belding and BEAR CREEK SUD.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Oakland County contract.

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Contract details

Contract type
Financial Services
Amount
$10,722,058 par value
Document date
October 7, 2026
Term
July 15, 2026 – July 15, 2027
Renews
Free account
Vendor
Independent Bank
Agency
Oakland County
Source document
Oakland County AgendaPacket Finance Committee 2026-10-07 (AgendaPacket)

Independent Bank's other public contracts

City of Belding, MichiganBelding Council to Review Independent Bank Payments · Oct 20, 2026$129.7KBEAR CREEK SUD, TexasBear Creek SUD Budgets $153,600 for Independent Bank · Oct 19, 2026$153.6KCity of Charlotte, MichiganCharlotte Approves Independent Bank Payment · Oct 12, 2026$1.7KOakland County, MichiganCounty Invests $10.7 Million Through Independent Bank · Oct 5, 2026City of Belding, MichiganBelding Schedules Approval of Independent Bank Payments · Oct 4, 2026$230.6KAll Independent Bank contractsVendor profile

More Oakland County contracts

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Questions about this contract

Who was awarded the financial services contract by Oakland County?

Independent Bank was awarded this financial services contract by Oakland County, as recorded on October 7, 2026. The contract value is $10,722,058 par value.

How much is the Independent Bank contract with Oakland County worth?

The Independent Bank contract with Oakland County is valued at $10,722,058 par value, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Oakland County AgendaPacket Finance Committee 2026-10-07 (AgendaPacket), dated October 7, 2026 from Oakland County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Independent Bank hold?

Independent 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.

What is Oakland County currently buying?

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

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