Council Authorizes Use of Magnifi for City CDs
City of AlbanyCity · Albany, MN- Document date
- Feb 18, 2026
- Term
- 6-month, 12-month (CDs)
The 30-second brief
Albany City Council authorized city staff to use Magnifi for new or renewed CDs to secure higher returns.
MAGNIFI holds this financial services contract with City of Albany. Its other public contracts on record include work for Logan County and Albany Public School District.
Term as filed: 6-month, 12-month (CDs).
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Contract details
- Contract type
- Financial Services
- Document date
- February 18, 2026
- Term
- 6-month, 12-month (CDs)
- Vendor
- MAGNIFI
- Agency
- City of Albany
- Source document
- Albany City Council Meeting Minutes February 18 2026 (Minutes)
MAGNIFI's other public contracts
More City of Albany contracts
Questions about this contract
Who was awarded the financial services contract by City of Albany?
MAGNIFI was awarded this financial services contract by City of Albany, as recorded on February 18, 2026.
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 Albany City Council Meeting Minutes February 18 2026 (Minutes), dated February 18, 2026 from City of Albany. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does MAGNIFI hold?
MAGNIFI may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of Albany currently buying?
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