FINANCIAL_SERVICESONGOING

Grand Forks Portfolio Includes CD With American Federal

City of Grand Forks holds a $3.54 million certificate of deposit with American Federal Bank yielding 3.7% and maturing April 28, 2026. The CD is reported at par with accrued interest through March 2026.

Status
ONGOING
Document date
March 31, 2026
Contract type
FINANCIAL_SERVICES
Vendor
American Federal Bank
Agency
City of Grand Forks · Canada

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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
$3,542,279.49
Contract type
FINANCIAL_SERVICES
Contract term
Settlement Date 1/28/2026; Maturity Date 4/28/2026 (approximately 3 months)
Renewal date
2026-04-28
Document type
Report
Source document
City of Grand Forks Portfolio Holdings Report March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Grand Forks?

American Federal Bank was awarded this financial services contract by City of Grand Forks, as recorded on March 31, 2026. The contract value is $3,542,279.49.

How much is the American Federal Bank contract with City of Grand Forks worth?

The American Federal Bank contract with City of Grand Forks is valued at $3,542,279.49, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Grand Forks Portfolio Holdings Report March 2026 (Report), dated March 31, 2026 from City of Grand Forks. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Federal Bank hold?

American Federal 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.

View American Federal Bank's profile

What is City of Grand Forks currently buying?

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

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