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City of Le Center Awards Financial Services Contract to First National Bank of Le Center (May 2026)

City of Le Center logoCity of Le Center
Disclosed value
Principal plus 4% interest (365-day agreement)
From minutes
Approved
May 19, 2026
Term
365 days
Renews
Free account

The 30-second brief

What it covers

The City of Le Center will enter into a 365-day repurchase agreement with First National Bank of Le Center for general fund investment at 4% interest.

Who holds it

First National Bank of Le Center holds this financial services contract with City of Le Center. Its other public contracts on record include work for Le Sueur County Soil And Water Conservation District and Le Sueur County.

What happens next

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Contract details

Contract type
Financial Services
Amount
Principal plus 4% interest (365-day agreement)
Document date
May 19, 2026
Term
365 days
Renews
On record
Vendor
First National Bank of Le Center
Agency
City of Le Center
Source document
City of Le Center Minutes Regular Council Meeting 2026-05-19 (Minutes)

First National Bank of Le Center's other public contracts

Le Sueur County Soil And Water Conservation District, MinnesotaSWCD CDs Renewed With First National Bank · Aug 12, 2026UndisclosedCity of Le Center, MinnesotaRepurchase Agreement Approved with First National Bank · May 19, 2026UndisclosedLe Sueur County Soil And Water Conservation District, MinnesotaSWCD Approves $120,000 CD With First National Bank · Apr 4, 2026$120KLe Sueur County, MinnesotaLe Sueur County Transfers Bond Funds to Local Bank · Jan 27, 2026$3.5MLe Sueur County, MinnesotaBond Expenditure Funds Moved to First National Bank · Jan 27, 2026$3.5MAll First National Bank of Le Center contractsVendor profile

More City of Le Center contracts

Christian, Moran & WhippsLe Center Approves Legal Payments to Christian Moran Whipps · Oct 12, 2026$1.4KSelly Excavating IncLe Center Approves Selly Water Utility Work · Oct 12, 2026$10.3KTim Miller Electric IncLe Center Approves Cooler Lighting Electrical Work · Oct 12, 2026$819.6Verizon WirelessLe Center Approves Verizon Wireless Police Payment · Oct 12, 2026$70Seykora StripingLe Center Approves Seykora Street Striping Work · Oct 12, 2026$4.7KAll City of Le Center activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Le Center?

First National Bank of Le Center was awarded this financial services contract by City of Le Center, as recorded on May 19, 2026. The contract value is Principal plus 4% interest (365-day agreement).

How much is the First National Bank of Le Center contract with City of Le Center worth?

The First National Bank of Le Center contract with City of Le Center is valued at Principal plus 4% interest (365-day agreement), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Le Center Minutes Regular Council Meeting 2026-05-19 (Minutes), dated May 19, 2026 from City of Le Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First National Bank of Le Center hold?

First National Bank of Le Center 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 City of Le Center currently buying?

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

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