FINANCIAL_SERVICESPENDING

Council Asked To End Banking Relationship With Bridgewater

Woodland staff asked the City Council to approve changing the city’s official depository from Bridgewater Bank to a new provider due to unresolved check fraud issues. The recommendation would effectively end Bridgewater Bank’s role as the city’s primary banking institution.

Status
PENDING
Document date
July 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bridgewater Bank
Agency
City of Woodland · 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 type
FINANCIAL_SERVICES
Renewal
Existing depository arrangement with Bridgewater Bank would be terminated upon Council approval of switching to Alerus Bank.
Document type
AgendaPacket
Source document
Woodland City Council Agenda Packet 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Bridgewater Bank was awarded this financial services contract by City of Woodland, as recorded on July 6, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Woodland City Council Agenda Packet 2026-07-13 (AgendaPacket), dated July 6, 2026 from City of Woodland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bridgewater Bank hold?

Bridgewater 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 Bridgewater Bank's profile

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