CONTRACTAPPROVED

Oakland County Awards Financial Services Contract to MERCANTILE (October 2026)

Oakland County logoOakland County
Disclosed value
$5,092,500 par value
From agendapacket
Approved
Oct 7, 2026
Term
July 27, 2026 – January 23, 2027
Renews
Free account

The 30-second brief

What it covers

Oakland County’s investment portfolio purchased a $5.09 million certificate of deposit from Mercantile. The investment carries a 4.00% rate and matures January 23, 2027.

Who holds it

MERCANTILE holds this financial services contract with Oakland County. Its other public contracts on record include work for Town of West Branch and Iowa Tribe Of Kansas.

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
$5,092,500 par value
Document date
October 7, 2026
Term
July 27, 2026 – January 23, 2027
Renews
Free account
Source document
Oakland County AgendaPacket Finance Committee 2026-10-07 (AgendaPacket)

MERCANTILE's other public contracts

More Oakland County contracts

Questions about this contract

Who was awarded the financial services contract by Oakland County?

MERCANTILE was awarded this financial services contract by Oakland County, as recorded on October 7, 2026. The contract value is $5,092,500 par value.

How much is the MERCANTILE contract with Oakland County worth?

The MERCANTILE contract with Oakland County is valued at $5,092,500 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 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.

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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