FINANCIAL_SERVICESAPPROVED

City of Eveleth Awards $1,500,000 Financial Services Contract to Miners Bank (June 2026)

The Eveleth City Council approved investing $1.5 million from the General Fund into a high interest fund with Miners Bank to improve returns on city reserves. Specific term and interest rate details were not provided.

Status
APPROVED
Document date
June 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Miners Bank
Agency
City of Eveleth · MN

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,500,000
Contract type
FINANCIAL_SERVICES
Renewal
Investment renewal or rollover terms were not discussed.
Document type
Minutes
Source document
Eveleth City Council Minutes 2026-06-15

Related contracts

Other contracts from Miners Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Eveleth?

Miners Bank was awarded this financial services contract by City of Eveleth, as recorded on June 15, 2026. The contract value is $1,500,000.

How much is the Miners Bank contract with City of Eveleth worth?

The Miners Bank contract with City of Eveleth is valued at $1,500,000, 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 Eveleth City Council Minutes 2026-06-15 (Minutes), dated June 15, 2026 from City of Eveleth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Miners Bank hold?

Miners 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.

View Miners Bank's profile

What is City of Eveleth currently buying?

Explore City of Eveleth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Eveleth's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free