FINANCIAL_SERVICESPENDING

First Westerns CD Option Under Council Review

The City of Forada agenda includes consideration of First Westerns as an alternative bank for renewing Fire Department CD 1202531 at a 3.50% rate for six months. This option is evaluated alongside a one-year offer from Hometown.

Status
PENDING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Westerns
Agency
City of Forada · 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
Contract term
6 months at 3.50% interest
Renewal date
2028-01-25
Renewal
Proposal to renew CD 1202531 with First Westerns for six months at 3.50% following its maturity on 2027-07-25; decision pending council action between this and the Hometown offer.
Document type
Agenda
Source document
City of Forada Agenda Forada City Council Meeting 2026-07-13

Frequently asked questions

Common questions about this contract, answered from the record.

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

First Westerns was awarded this financial services contract by City of Forada, as recorded on July 13, 2026.

What type of contract is this?

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

Where was this contract approved?

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

What other contracts does First Westerns hold?

First Westerns 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 First Westerns's profile

What is City of Forada currently buying?

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

View City of Forada's profile

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