CONTRACTONGOING

CDARS investment at Merchants Bank of Indiana

Disclosed value: $243,500.00 principal (maturity value $248,157.59); From report
Document date: Mar 9, 2026
Term: 10/16/2025 – 4/16/2026

What it covers

The district has a $243,500 CDARS CD at Merchants Bank of Indiana earning 3.80% APR, with maturity on April 16, 2026 at $248,157.59. This is documented in the February 28, 2026 investment summary.

Who holds it

Merchants Bank of Indiana holds this financial services contract with Valley View CUSD 365U. Its other public contracts on record include work for Indianapolis Public Schools and Iowa Finance Authority.

What happens next

Term as filed: 10/16/2025 – 4/16/2026.

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Contract details

Contract type: Financial Services
Amount: $243,500.00 principal (maturity value $248,157.59)
Document date: March 9, 2026
Term: 10/16/2025 – 4/16/2026
Vendor: Merchants Bank of Indiana
Agency: Valley View CUSD 365U
Source document: Valley View School District 365 Treasurer's Action Report Summary of Investments 2026-03-09 (Report)

Merchants Bank of Indiana's other public contracts

Indianapolis Public Schools, IndianaIPS Money Market Account Holds $65.66 Million · Aug 31, 2026Undisclosed Indianapolis Public Schools, IndianaIPS Invests Cash in Merchants Money Market · Aug 6, 2026 Indianapolis Public Schools, IndianaMerchants Bank Money Market Holds IPS Cash Reserves · Jun 3, 2026Undisclosed Iowa Finance Authority, IowaWindsor Pointe Bond Loan Amended With Merchants Bank · Jun 3, 2026 Iowa Finance Authority, IowaAuthority Approves Merchants Bank Bond Amendment · Jun 3, 2026 All Merchants Bank of Indiana contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Valley View CUSD 365U?

Merchants Bank of Indiana was awarded this financial services contract by Valley View CUSD 365U, as recorded on March 9, 2026. The contract value is $243,500.00 principal (maturity value $248,157.59).

How much is the Merchants Bank of Indiana contract with Valley View CUSD 365U worth?

The Merchants Bank of Indiana contract with Valley View CUSD 365U is valued at $243,500.00 principal (maturity value $248,157.59), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Valley View School District 365 Treasurer's Action Report Summary of Investments 2026-03-09 (Report), dated March 9, 2026 from Valley View CUSD 365U. 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 Valley View CUSD 365U currently buying?

Explore Valley View CUSD 365U's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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