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Southern Michigan Bank money market balance reported

City of Litchfield logoCity of Litchfield
Document date
Jun 18, 2026
Term
05/01/26 through 05/31/26 @ 3.15%

The 30-second brief

What it covers

The City of Litchfield TIFA maintains a money market account with Southern Michigan Bank holding $267,332.38 for May 2026 at a 3.15% interest rate. The agenda documents this ongoing depository relationship as part of TIFA financial reporting.

Who holds it

Southern Michigan Bank holds this financial services contract with City of Litchfield. Its other public contracts on record include work for Marshall Area Fire Fighters Ambulance Authority and Town of Leroy.

What happens next

Term as filed: 05/01/26 through 05/31/26 @ 3.15%.

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Contract details

Contract type
Financial Services
Document date
June 18, 2026
Term
05/01/26 through 05/31/26 @ 3.15%
Vendor
Southern Michigan Bank
Agency
City of Litchfield
Source document
City of Litchfield TIFA Agenda 2026-06-18 (Agenda)

Southern Michigan Bank's other public contracts

Marshall Area Fire Fighters Ambulance Authority, MichiganMAFFAA Approves $50,000 CD With Southern Michigan Bank · Sep 24, 2026$50KTown of Leroy, MichiganCredit Card Application Considered · Sep 10, 2026UndisclosedTown of Litchfield, MichiganTIFA Reports Southern Michigan Bank Money Market Funds · Sep 9, 2026$269.5KTown of Litchfield, MichiganTIFA Reports Southern Michigan Bank Money Market · Jul 8, 2026UndisclosedCity of Litchfield, MichiganTIFA checking account balance summarized · Jun 18, 2026UndisclosedAll Southern Michigan Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Litchfield?

Southern Michigan Bank was awarded this financial services contract by City of Litchfield, as recorded on June 18, 2026.

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 City of Litchfield TIFA Agenda 2026-06-18 (Agenda), dated June 18, 2026 from City of Litchfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Southern Michigan Bank hold?

Southern Michigan 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.

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