FINANCIAL_SERVICESONGOING

Mercantile Bank ICS Sweep Investment Earnings

SOCWA maintains surplus fund investment agreements with Mercantile Bank, earning $124,485 in interest from ICS sweep accounts during fiscal year 2026.

Status
ONGOING
Document date
August 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Mercantile Bank
Agency
Southeastern Oakland County Water Authority · MI

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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 type
FINANCIAL_SERVICES
Contract term
July 1, 2025 to June 30, 2026
Renewal
Ongoing investment agreement; financial institutions were reapproved by Board action at the Organization Meeting.
Document type
AgendaPacket
Source document
Southeastern Oakland County Water Authority AgendaPacket Regular Meeting 2026-08-12

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Southeastern Oakland County Water Authority?

Mercantile Bank was awarded this financial services contract by Southeastern Oakland County Water Authority, as recorded on August 12, 2026.

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 Southeastern Oakland County Water Authority AgendaPacket Regular Meeting 2026-08-12 (AgendaPacket), dated August 12, 2026 from Southeastern Oakland County Water Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mercantile Bank hold?

Mercantile 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 Mercantile Bank's profile

What is Southeastern Oakland County Water Authority currently buying?

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

View Southeastern Oakland County Water Authority's profile

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