Township Invests CDs with Northview Bank
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Description
The Pokegama Township Board authorized investing two certificates of deposit at Northview Bank for 12 months, allocating $300,000 for SAC and the remaining balance including interest as unallocated. The CDs will earn Northview’s current 12‑month rate at the time of deposit.
Contract Details
Contract Amount
$300,000 plus remaining balance including interest (unallocated)
Vendor
NORTHVIEW BANK
Agency
Town of Pokegama, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 12, 2026
Contract Term
12-month term beginning at time of deposit
Renewal Info
Initial 12‑month CDs at Northview Bank; renewal or reinvestment to be decided upon maturity after the 12‑month term.
More from NORTHVIEW BANK
More from Town of Pokegama
Pokegama Township Regular Board Meeting Minutes 2026-04-09
Pokegama Township Regular Board Meeting Minutes 2026-04-09
Pokegama Township Regular Board Meeting Minutes 2026-04-09
Pokegama Township Regular Board Meeting Minutes 2026-04-09
Pokegama Township Regular Board Meeting Minutes 2026-04-09
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