FINANCIAL_SERVICESONGOING
Albany City Council Meeting Minutes February 18 2026
Council Authorizes Use of Magnifi for City CDs
City of AlbanyMAGNIFIFebruary 18, 2026
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Description
Albany City Council authorized city staff to use Magnifi for new or renewed CDs to secure higher returns.
Contract Details
Vendor
MAGNIFI
Agency
City of Albany, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 18, 2026
Contract Term
6-month, 12-month (CDs)
Renewal Info
CD renewals and new deposits based on best available rates.
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