Civic IQ
FINANCIAL_SERVICESEXTENDED

City of Hewitt City Council Workshop/Regular Meeting Agenda 2026-06-01

Municipal Depository Agreement Extended with Bank

City of HewittINDEPENDENT FINANCIAL/SOUTHSTATE BANKJune 1, 2026

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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

Description

The Hewitt City Council discussed the extension of their municipal depository agreement with Independent Financial/SouthState Bank, exercising the first of three optional one-year renewals through June 30, 2027.

Contract Details

Vendor

INDEPENDENT FINANCIAL/SOUTHSTATE BANK

Agency

City of Hewitt, MN

Contract Type

FINANCIAL_SERVICES

Document Date

June 1, 2026

Contract Term

Extension through June 30, 2027 (first of three possible one-year extensions)

Renewal Date

2027-06-30

Renewal Info

First of three one-year contract extensions; two additional annual extensions remain possible under the original agreement.

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