Mercantile Bank Raises Interest Rate on Township Accounts
Town of SecordCity · MI- Document date
- Sep 16, 2026
The 30-second brief
Secord Township reported that Mercantile Bank is increasing the interest rate on township accounts from 3.71% to 3.75%. The bank holds the township's Weed Fund account and provides ongoing depository services.
Mercantile Bank holds this financial services contract with Town of Secord. Its other public contracts on record include work for City of Auburn Hills and City of Belding.
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Contract details
- Contract type
- Financial Services
- Document date
- September 16, 2026
- Vendor
- Mercantile Bank
- Agency
- Town of Secord
- Source document
- Secord Township Minutes Open Board Meeting 2026-09-16 (Minutes)
Mercantile Bank's other public contracts
More Town of Secord contracts
Questions about this contract
Who was awarded the financial services contract by Town of Secord?
Mercantile Bank was awarded this financial services contract by Town of Secord, as recorded on September 16, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Secord Township Minutes Open Board Meeting 2026-09-16 (Minutes), dated September 16, 2026 from Town of Secord. 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.
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What is Town of Secord currently buying?
Explore Town of Secord's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.