Civic IQ
FINANCIAL_SERVICESONGOING

Oakland County Invests $5.1 Million With Mercantile

Oakland County invested $5,092,500 with Mercantile through a certificate of deposit purchase. The investment was made July 27, 2026, matures January 23, 2027, and carries a 4.00% rate.

Document date · September 29, 2026

Issuing agencyOakland CountyVendorMERCANTILE

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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
$5,092,500
Contract type
FINANCIAL_SERVICES
Contract term
7/27/2026 – 1/23/2027
Renewal date
2027-01-23
Renewal
Investment maturity is scheduled for January 23, 2027.
Document type
Agenda
Source document
Oakland County Agenda 2026-10-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Oakland County?

MERCANTILE was awarded this financial services contract by Oakland County, as recorded on September 29, 2026. The contract value is $5,092,500.

How much is the MERCANTILE contract with Oakland County worth?

The MERCANTILE contract with Oakland County is valued at $5,092,500, 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 Oakland County Agenda 2026-10-07 (Agenda), dated September 29, 2026 from Oakland County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MERCANTILE hold?

MERCANTILE 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 MERCANTILE's 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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