FINANCIAL_SERVICESONGOING

District OPEB Trust Managed by Bremer Bank

The district continues to utilize Bremer Bank’s trust services department to manage its OPEB Trust, which has grown to $15,466,328 as of April 30, 2026 after funding retiree obligations over multiple years. The Bremer-managed trust supports long-term retiree benefit liabilities while staying within board-approved asset allocation limits.

Status
ONGOING
Document date
May 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bremer Bank
Agency
Buffalo-Hanover-Montrose Public Schools · MN

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Since October 2009; ongoing as of April 30, 2026
Renewal
Long-term ongoing trust and investment management relationship for the OPEB Trust opened in October 2009; no specific renewal date stated.
Document type
Report
Source document
School District Quarterly Cash and Investment Report May 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 Buffalo-Hanover-Montrose Public Schools?

Bremer Bank was awarded this financial services contract by Buffalo-Hanover-Montrose Public Schools, as recorded on May 11, 2026.

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 School District Quarterly Cash and Investment Report May 2026 (Report), dated May 11, 2026 from Buffalo-Hanover-Montrose Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bremer Bank hold?

Bremer 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.

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What is Buffalo-Hanover-Montrose Public Schools currently buying?

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