FINANCIAL_SERVICESAPPROVED

Town of Canosia Awards Financial Services Contract to North Shore Bank (April 2026)

The Town of Canosia approved moving its existing certificate of deposit balance of $54,867.01 plus interest into a special 5‑month, 4.1% CD at North Shore Bank. The treasurer is authorized to execute the transfer to secure the higher-yield investment.

Status
APPROVED
Document date
April 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
North Shore Bank
Agency
Town of Canosia · MN

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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
$54,867.01 plus interest
Contract type
FINANCIAL_SERVICES
Contract term
5-month certificate of deposit at 4.1% interest
Renewal
Single 5‑month CD term at 4.1%; renewal or reinvestment after maturity not specified in the minutes.
Document type
Minutes
Source document
Town of Canosia Minutes Regular Meeting 2026-04-01

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Frequently asked questions

Common questions about this contract, answered from the record.

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

North Shore Bank was awarded this financial services contract by Town of Canosia, as recorded on April 1, 2026. The contract value is $54,867.01 plus interest.

How much is the North Shore Bank contract with Town of Canosia worth?

The North Shore Bank contract with Town of Canosia is valued at $54,867.01 plus interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Canosia Minutes Regular Meeting 2026-04-01 (Minutes), dated April 1, 2026 from Town of Canosia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Shore Bank hold?

North Shore 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 North Shore Bank's profile

What is Town of Canosia currently buying?

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

View Town of Canosia's profile

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