FINANCIAL_SERVICESPENDING

Alerus Proposed as 24-Month CD Investment Option

The Finance Director presented an option to reinvest Fillmore County’s matured $1,000,000 CD with Alerus for 24 months at 4.15%, to be considered alongside a local bank option.

Status
PENDING
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
ALERUS
Agency
Fillmore County · MN

Trusted by teams at

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
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
$1,000,000 CD (principal, alternative option)
Contract type
FINANCIAL_SERVICES
Contract term
Proposed 24 months at 4.15%
Renewal
If selected, the CD would mature after 24 months; potential renewal or reallocation would occur at maturity.
Document type
Agenda
Source document
Fillmore County Board of Commissioners Special Meeting Agenda 2026-08-04

Related contracts

Other contracts from ALERUS.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Fillmore County?

ALERUS was awarded this financial services contract by Fillmore County, as recorded on August 4, 2026. The contract value is $1,000,000 CD (principal, alternative option).

How much is the ALERUS contract with Fillmore County worth?

The ALERUS contract with Fillmore County is valued at $1,000,000 CD (principal, alternative option), covering financial services work.

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 Fillmore County Board of Commissioners Special Meeting Agenda 2026-08-04 (Agenda), dated August 4, 2026 from Fillmore County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ALERUS hold?

ALERUS 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 ALERUS's profile

What is Fillmore County currently buying?

Explore Fillmore County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Fillmore County's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free