CONTRACTAPPROVED

Town of Lake Park Awards $117,899 Financial Services Contract to State Bank of Lake Park (March 2026)

Disclosed value: $117,899.12; From minutes
Approved: Mar 9, 2026
Term: 12 months at 3.5% starting March 9, 2026
Renews: Mar 2027; Free account

What it covers

Lake Park established a $117,899.12, 12‑month certificate of deposit at 3.5% with State Bank of Lake Park, shifting municipal funds from a prior institution. Another CD will be moved there upon maturity.

Who holds it

State Bank of Lake Park holds this financial services contract with Town of Lake Park. Its other public contracts on record include work for Lake Park Audubon School District and City of Lake Park.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Lake Park contract.

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Contract details

Contract type: Financial Services
Amount: $117,899.12
Document date: March 9, 2026
Term: 12 months at 3.5% starting March 9, 2026
Renews: Free account
Vendor: State Bank of Lake Park
Agency: Town of Lake Park
Source document: Town of Lake Park City Council Meeting Minutes March 2026 (Minutes)

State Bank of Lake Park's other public contracts

Lake Park Audubon School District, MinnesotaState Bank Donates for Tournament Gate Fees · Jul 21, 2026$100 City of Lake Park, MinnesotaCity consolidates CDs at State Bank of Lake Park · Apr 13, 2026Undisclosed Town of Cormorant, MinnesotaTownship Retains State Bank of Lake Park as Official Bank · Mar 10, 2026Undisclosed City of Lake Park, MinnesotaCity Opens 12-Month CD With State Bank of Lake Park · Mar 9, 2026$117.9K City of Wolf Lake, MinnesotaState Bank Of Lake Park Reaffirmed As Depository · Jan 6, 2026Undisclosed All State Bank of Lake Park contractsVendor profile

More Town of Lake Park contracts

Skoyles, Dylan RamstadLake Park Approves Existing City Attorney Rates · Aug 10, 2026 Moore EngineeringLake Park Advances Road Project Bidding With Moore Engineering · Aug 10, 2026Undisclosed Westlund ExcavatingLake Park Approves Westlund Excavating Tanker Work Bill · Aug 10, 2026Undisclosed Moore EngineeringMoore Engineering Set to Survey Lake Park Front Street · Aug 10, 2026Undisclosed Moore EngineeringLake Park Continues Road Project Work With Moore Engineering · Jul 13, 2026Undisclosed All Town of Lake Park activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Lake Park?

State Bank of Lake Park was awarded this financial services contract by Town of Lake Park, as recorded on March 9, 2026. The contract value is $117,899.12.

How much is the State Bank of Lake Park contract with Town of Lake Park worth?

The State Bank of Lake Park contract with Town of Lake Park is valued at $117,899.12, 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 Town of Lake Park City Council Meeting Minutes March 2026 (Minutes), dated March 9, 2026 from Town of Lake Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does State Bank of Lake Park hold?

State Bank of Lake Park may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Lake Park currently buying?

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

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