Mobridge Housing Authority Minutes January 2026
Financial Services Maintained at Dakota Community Bank
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Description
Mobridge Housing Authority maintains active financial accounts and lines of credit with Dakota Community Bank, including a $350,000 CD, operational checking, and loan facilities.
Contract Details
Contract Amount
Checking balance: $26,000.00; CD: $350,000 (3-month at 3.55%); Unsecured line of credit: $50,000; Secured loan: $350,000
Vendor
DAKOTA COMMUNITY BANK
Agency
Mobridge Housing & Redevelopment Commission, SD
Contract Type
FINANCIAL_SERVICES
Document Date
January 13, 2026
Contract Term
CD: 3 months; other accounts ongoing
Renewal Date
2026-04-13
Renewal Info
CD renewable upon maturity; lines of credit and checking are ongoing banking services.
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APPROVEDIssuing Agency
Mobridge Housing & Redevelopment Commission
Local Housing Authority
Mobridge, SD
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