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Town of West Branch Awards $220,000 Financial Services Contract to Mercantile Bank of Michigan (May 2019)

Town of West Branch logoTown of West Branch
Disclosed value
$220,000
From minutes
Approved
May 6, 2019
Term
May 15, 2019 – May 15, 2029
Renews
Free account

The 30-second brief

What it covers

West Branch City Council approved the sale of a $220,000 capital improvement bond to Mercantile Bank of Michigan. The bond will finance water infrastructure replacement and matures May 15, 2029, at a stated interest rate of 3.15%.

Who holds it

Mercantile Bank of Michigan holds this financial services contract with Town of West Branch. Its other public contracts on record include work for Town of Ovid and Town of Texas charter.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of West Branch contract.

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Contract details

Contract type
Financial Services
Amount
$220,000
Document date
May 6, 2019
Term
May 15, 2019 – May 15, 2029
Renews
Free account
Vendor
Mercantile Bank of Michigan
Agency
Town of West Branch
Source document
town-of-west-branch-city-council-meeting-minutes-may-6-2019_080.pdf (Minutes)

Mercantile Bank of Michigan's other public contracts

Town of Ovid, MichiganVehicle Loan Payment to Mercantile Bank · Apr 13, 2026$9.3KTown of Texas charter, MichiganMercantile Bank paid under Longhorn Drive financing · Apr 13, 2026$4.3KTown of Swan Creek, MichiganMercantile Bank Named Township Depository for 2026/27 · Mar 30, 2026UndisclosedCity of Lowell, MichiganMercantile Bank of Michigan Approved as Depository · Jan 5, 2026UndisclosedVan Buren County, MichiganCounty Treasurer Approved for Custodial Agreements with Mercantile Bank · Sep 23, 2025UndisclosedAll Mercantile Bank of Michigan contractsVendor profile

More Town of West Branch contracts

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Questions about this contract

Who was awarded the financial services contract by Town of West Branch?

Mercantile Bank of Michigan was awarded this financial services contract by Town of West Branch, as recorded on May 6, 2019. The contract value is $220,000.

How much is the Mercantile Bank of Michigan contract with Town of West Branch worth?

The Mercantile Bank of Michigan contract with Town of West Branch is valued at $220,000, covering financial services work.

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 town-of-west-branch-city-council-meeting-minutes-may-6-2019_080.pdf (Minutes), dated May 6, 2019 from Town of West Branch. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mercantile Bank of Michigan hold?

Mercantile Bank of Michigan 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 Town of West Branch currently buying?

Explore Town of West Branch's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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