FINANCIAL_SERVICESPENDING

County to Reinvest Bond Proceeds in Local Bank CD

Faribault County Board will consider reinvesting approximately $168,587 from a February 26 bond maturity and available cash into either a 1-year or 4-year certificate of deposit with First Bank of Blue Earth. The agenda item seeks to keep the investment local while following the Investment Board’s preference for a 1-year CD.

Status
PENDING
Document date
February 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Bank of Blue Earth
Agency
Faribault County · MN

Trusted by teams at

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
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
Approximately $168,587
Contract type
FINANCIAL_SERVICES
Contract term
Option of 1-year CD or 4-year CD
Renewal
Future renewal or rollover of the certificate of deposit will depend on the term selected (1-year or 4-year) and market conditions at maturity.
Document type
Agenda
Source document
Faribault County Board of Commissioners Agenda February 2026

Related contracts

Other contracts from First Bank of Blue Earth.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Faribault County?

First Bank of Blue Earth was awarded this financial services contract by Faribault County, as recorded on February 17, 2026. The contract value is Approximately $168,587.

How much is the First Bank of Blue Earth contract with Faribault County worth?

The First Bank of Blue Earth contract with Faribault County is valued at Approximately $168,587, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Faribault County Board of Commissioners Agenda February 2026 (Agenda), dated February 17, 2026 from Faribault County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Bank of Blue Earth hold?

First Bank of Blue Earth 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 First Bank of Blue Earth's profile

What is Faribault County currently buying?

Explore Faribault County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Faribault County's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free