Town of Forest Awards Financial Services Contract to State Bank of Faribault (March 2026)

Forest Township authorized the withdrawal of Fox Lake CDs held at State Bank of Faribault upon their mid-March maturity instead of renewing them. Treasurer Lisa Trnka was designated as the sole signatory for these withdrawals.

Document date · March 4, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Existing Fox Lake CDs maturing mid-March 2026 will be withdrawn at maturity

Renewal date

2026-03-15

Renewal

Fox Lake CDs will not be renewed upon mid-March 2026 maturity; withdrawal authorized instead, with Lisa Trnka as sole signatory.

Document type

Minutes

Source document

Forest Township Meeting Minutes March 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 Town of Forest?

State Bank of Faribault was awarded this financial services contract by Town of Forest, as recorded on March 4, 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 Forest Township Meeting Minutes March 2026 (Minutes), dated March 4, 2026 from Town of Forest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Bank of Faribault hold?

State Bank of Faribault 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 State Bank of Faribault's profile

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