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CDARS Investment with Merchants Bank of Indiana

Valley View CUSD 365U logoValley View CUSD 365U
Disclosed value
$243,500.00 principal (maturity value $248,157.59)
From report
Document date
May 11, 2026
Term
10/16/2025 – 4/16/2026

The 30-second brief

What it covers

Valley View School District invested $243,500 via CDARS with Merchants Bank of Indiana at 3.80% APR, maturing at $248,157.59 on April 16, 2026.

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
May 11, 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 2026-05-11 (Report)

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 Valley View CUSD 365U contracts

Apple Store for Education InstitutionDistrict seeks Apple iPad purchase for AAC support · Jul 21, 2026$110KApple Store for Education InstitutionDistrict Plans Assistive Technology iPad Purchase from Apple · Jul 21, 2026Illinois Public Risk FundDistrict Signs Workers’ Compensation Deductible Agreement · Jul 1, 2026HARTFORDDistrict Secures $32M Treasurer’s Bond from Hartford · Jun 15, 2026Amalgamated Bank of ChicagoAmalgamated Bank To Pay Refunded School Bonds · Jun 15, 2026UndisclosedAll Valley View CUSD 365U activityAgency profile

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 May 11, 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 2026-05-11 (Report), dated May 11, 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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