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Town of Wakefield Awards $220,000 Financial Services Contract to Falcon Bank (February 2026)

Town of Wakefield
Disclosed value
$220,000
From minutes
Approved
Feb 5, 2026
Term
6 months at 3.85%

The 30-second brief

What it covers

The Board authorized reinvesting $220,000 in a 6-month, 3.85% CD at Falcon Bank in Richmond, Minnesota upon maturity.

Who holds it

Falcon Bank holds this financial services contract with Town of Wakefield. Its other public contracts on record include work for City of Paynesville and Laredo College.

What happens next

Term as filed: 6 months at 3.85%.

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Contract details

Contract type
Financial Services
Amount
$220,000
Document date
February 5, 2026
Term
6 months at 3.85%
Vendor
Falcon Bank
Agency
Town of Wakefield
Source document
Wakefield Township Board Meeting Minutes February 2026 (Minutes)

Falcon Bank's other public contracts

City of Paynesville, MinnesotaFalcon Bank Loan Discussed for Library Financing · Oct 21, 2026Town of Wakefield, MinnesotaWakefield Reinvests $220,000 With Falcon Bank · Aug 6, 2026Laredo College, TexasFalcon Bank Selected as College Depository Institution · Jun 25, 2026UndisclosedCity of Rockville, MinnesotaCity to Establish New Account at Falcon Bank · Jun 10, 2026UndisclosedCity of Richmond, MinnesotaCity Approves Positive Pay Services and CD at Falcon Bank · Feb 4, 2026UndisclosedAll Falcon Bank contractsVendor profile

More Town of Wakefield contracts

Marco TechnologiesWakefield Township Recommends Marco Copier Buyout · Nov 5, 2026Knife River, North CentralRoad Project Payment Recommended for Knife River · Nov 5, 2026$251.9KWsb IncWSB to Provide Township Road Project Engineering Update · Sep 27, 2026UndisclosedKnife River North CentralKnife River Change Order Recommended for 3rd Avenue Project · Sep 27, 2026UndisclosedCold Spring Fire DepartmentCold Spring Fire Department Contract Recommended for Approval · Sep 27, 2026UndisclosedAll Town of Wakefield activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Wakefield?

Falcon Bank was awarded this financial services contract by Town of Wakefield, as recorded on February 5, 2026. The contract value is $220,000.

How much is the Falcon Bank contract with Town of Wakefield worth?

The Falcon Bank contract with Town of Wakefield is valued at $220,000, 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 Wakefield Township Board Meeting Minutes February 2026 (Minutes), dated February 5, 2026 from Town of Wakefield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Falcon Bank hold?

Falcon 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.

What is Town of Wakefield currently buying?

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

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