FINANCIAL_SERVICESAPPROVED

Town of Lime Awards $40,000 Financial Services Contract to Progrowth Bank (March 2026)

Lime Township authorized the purchase of a $40,000 certificate of deposit from ProGrowth Bank at a 3.90% rate for nine months. The approval requires ProGrowth Bank to maintain pledged collateral equal to at least 110% of Township investments exceeding FDIC insurance limits.

Status
APPROVED
Document date
March 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Progrowth Bank
Agency
Town of Lime · MN

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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

Scope & details

The full contract record, as filed.

Contract amount
$40,000
Contract type
FINANCIAL_SERVICES
Contract term
9 months at a rate of 3.90%
Renewal
Single 9‑month certificate of deposit; no renewal terms specified in the minutes. Future rollover or reinvestment would require separate board action.
Document type
Minutes
Source document
Lime Township Board Minutes March 17 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Lime?

Progrowth Bank was awarded this financial services contract by Town of Lime, as recorded on March 17, 2026. The contract value is $40,000.

How much is the Progrowth Bank contract with Town of Lime worth?

The Progrowth Bank contract with Town of Lime is valued at $40,000, 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 Lime Township Board Minutes March 17 2026 (Minutes), dated March 17, 2026 from Town of Lime. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Progrowth Bank hold?

Progrowth 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 Progrowth Bank's profile

What is Town of Lime currently buying?

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

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