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Merchants Bank Accounts Generate Interest Income

Trico Regional Sewer Utility logoTrico Regional Sewer Utility
Disclosed value
$2,566,575 account balances; $7,482 interest
From agenda
Document date
Oct 30, 2026

The 30-second brief

What it covers

TriCo Regional Sewer Utility maintained two Merchants Bank of Indiana money market accounts totaling $2,566,575. The accounts generated $7,482 in September interest income.

Who holds it

Merchants Bank of Indiana holds this financial services contract with Trico Regional Sewer Utility. Its other public contracts on record include work for Indianapolis Public Schools and Iowa Finance Authority.

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Contract details

Contract type
Financial Services
Amount
$2,566,575 account balances; $7,482 interest
Document date
October 30, 2026
Vendor
Merchants Bank of Indiana
Agency
Trico Regional Sewer Utility
Source document
TriCo Regional Sewer Utility Agenda 2026-10-30 (Agenda)

Merchants Bank of Indiana's other public contracts

Indianapolis Public Schools, IndianaIPS Money Market Account Holds $65.66 Million · Aug 31, 2026UndisclosedIndianapolis Public Schools, IndianaIPS Invests Cash in Merchants Money Market · Aug 6, 2026Indianapolis Public Schools, IndianaMerchants Bank Money Market Holds IPS Cash Reserves · Jun 3, 2026UndisclosedIowa Finance Authority, IowaMerchants Bank Purchases Windsor Pointe Revenue Bonds · Jun 3, 2026Iowa Finance Authority, IowaWindsor Pointe Bank Financing Amended In 2025 · Jun 3, 2026All Merchants Bank of Indiana contractsVendor profile

More Trico Regional Sewer Utility contracts

DUKEDuke Identified In Lift Station Utility Spending · Oct 30, 2026Citizens State BankCitizens State Bank Accounts Generate Interest Income · Oct 30, 2026REGIONSRegions Money Market Account Generates Interest Income · Oct 30, 2026TPITPI Named In $425,000 Force Main Settlement · Oct 30, 2026PURAFILPurafil Line Maintenance Expense Reported · Oct 30, 2026All Trico Regional Sewer Utility activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Trico Regional Sewer Utility?

Merchants Bank of Indiana was awarded this financial services contract by Trico Regional Sewer Utility, as recorded on October 30, 2026. The contract value is $2,566,575 account balances; $7,482 interest.

How much is the Merchants Bank of Indiana contract with Trico Regional Sewer Utility worth?

The Merchants Bank of Indiana contract with Trico Regional Sewer Utility is valued at $2,566,575 account balances; $7,482 interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in TriCo Regional Sewer Utility Agenda 2026-10-30 (Agenda), dated October 30, 2026 from Trico Regional Sewer Utility. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Merchants Bank of Indiana hold?

Merchants Bank of Indiana 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 Trico Regional Sewer Utility currently buying?

Explore Trico Regional Sewer Utility's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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