winsted_city_council_work_session_agenda_december.pdf
City confirms pledged securities with Security Bank & Trust
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Description
Winsted approved pledged securities provided by Security Bank & Trust Company for November 2025 and confirmed the bank as an official depository through 2026. This action secures City deposits with appropriate collateral.
Contract Details
Vendor
SECURITY BANK & TRUST COMPANY
Agency
Town of Winsted, MN
Contract Type
FINANCIAL_SERVICES
Document Date
December 16, 2025
Contract Term
Pledged securities approved for November 2025; general designation through December 31, 2026 as official depository per appointments list
Renewal Date
2026-12-31
Renewal Info
Pledged securities are reviewed monthly; official depository designation runs through December 31, 2026 per the 2026 appointments.
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