CONTRACTAPPROVED

City of Lake Park Awards $117,899 Financial Services Contract to State Bank of Lake Park (March 2026)

Disclosed value: $117,899.12; From minutes
Approved: Mar 9, 2026
Term: 12 months at 3.5%
Renews: Mar 2027; Free account

What it covers

The City of Lake Park moved a $117,899.12 certificate of deposit from Old International (Bremer) Bank to State Bank of Lake Park, establishing a new 12‑month CD at 3.5% interest. Officials also plan to transfer another CD to the same bank upon maturity.

Who holds it

State Bank of Lake Park holds this financial services contract with City of Lake Park. Its other public contracts on record include work for Lake Park Audubon School District and Town of Cormorant.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Lake Park contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Contract type: Financial Services
Amount: $117,899.12
Document date: March 9, 2026
Term: 12 months at 3.5%
Renews: Free account
Vendor: State Bank of Lake Park
Agency: City of Lake Park
Source document: City of Lake Park Council Meeting Minutes March 2026 (Minutes)

State Bank of Lake Park's other public contracts

Lake Park Audubon School District, MinnesotaState Bank Donates for Tournament Gate Fees · Jul 21, 2026$100 City of Lake Park, MinnesotaCity consolidates CDs at State Bank of Lake Park · Apr 13, 2026Undisclosed Town of Cormorant, MinnesotaTownship Retains State Bank of Lake Park as Official Bank · Mar 10, 2026Undisclosed Town of Lake Park, MinnesotaLake Park Places New CD at State Bank of Lake Park · Mar 9, 2026$117.9K City of Wolf Lake, MinnesotaState Bank Of Lake Park Reaffirmed As Depository · Jan 6, 2026Undisclosed All State Bank of Lake Park contractsVendor profile

More City of Lake Park contracts

Moore EngineeringLake Park Continues Moore Engineering Infrastructure Work · Jun 8, 2026Undisclosed Skoyles, Dylan RamstadLake Park Continues Contracted Legal Services · Jun 8, 2026Undisclosed David Drown AssociatesLake Park Reviews David Drown Pay Equity Study · Jun 8, 2026Undisclosed Blue Cross Blue Shield (Bcbs)BCBS Health Plan to Be Replaced Due to Cost Increase · May 5, 2026Undisclosed At GroupCity Uses AT Group for Employee Benefit Consulting · May 5, 2026Undisclosed All City of Lake Park activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Lake Park?

State Bank of Lake Park was awarded this financial services contract by City of Lake Park, as recorded on March 9, 2026. The contract value is $117,899.12.

How much is the State Bank of Lake Park contract with City of Lake Park worth?

The State Bank of Lake Park contract with City of Lake Park is valued at $117,899.12, covering financial services work.

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 City of Lake Park Council Meeting Minutes March 2026 (Minutes), dated March 9, 2026 from City of Lake Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does State Bank of Lake Park hold?

State Bank of Lake Park may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Lake Park currently buying?

Explore City of Lake Park's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →

More City of Lake Park contracts →Browse all agencies in Minnesota →