FINANCIAL_SERVICESDISCUSSSED

Town Considers Northwestern Bank CD Rate Options

Northwestern Bank provided alternative certificate of deposit rate options for the Town of Eagle Point's Fire Department funds approaching maturity, including 7-, 13-, and 19-month terms. The board considered these options while organizing authorized account signers.

Status
DISCUSSSED
Document date
June 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Northwestern Bank
Agency
Town of Eagle Point · MN

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
7-month at 3.85%; 13-month at 4.00%; 19-month at 3.75% (rate options presented)
Renewal date
2026-06-27
Renewal
Existing Fire Department CDs maturing June 27, 2026; Northwestern Bank rates were an option for reinvestment, with no recorded selection in these minutes.
Document type
Minutes
Source document
Town of Eagle Point Town Board Meeting Minutes 2026-06-15

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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 Eagle Point?

Northwestern Bank was awarded this financial services contract by Town of Eagle Point, as recorded on June 15, 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 Town of Eagle Point Town Board Meeting Minutes 2026-06-15 (Minutes), dated June 15, 2026 from Town of Eagle Point. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northwestern Bank hold?

Northwestern 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.

View Northwestern Bank's profile

What is Town of Eagle Point currently buying?

Explore Town of Eagle Point's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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