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FINANCIAL_SERVICESAPPROVED

Cedar Lake Township Minutes March 2026

Township Transfers CD to New Market Bank

Town of Cedar LakeNEW MARKET BANKMarch 9, 2026

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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

Description

Cedar Lake Township authorized the transfer of its certificate of deposit to New Market Bank at a 3.85% interest rate for a seven-month term. The Treasurer was authorized to complete the banking transaction.

Contract Details

Vendor

NEW MARKET BANK

Agency

Town of Cedar Lake, MN

Contract Type

FINANCIAL_SERVICES

Document Date

March 9, 2026

Contract Term

3.85% for seven months

Renewal Info

CD placed at New Market Bank for a fixed seven-month term at 3.85%; renewal or rollover after maturity to be determined at that time.

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