FINANCIAL_SERVICESAPPROVED

Town of Glencoe Awards Financial Services Contract to Security Bank & Trust Co (June 2026)

The council approved Security Bank and Trust, Co. as lender for the mortgage of Glencoe Regional Health Services’ leasehold interest on city-owned property tied to a new bond offering. Approval authorizes execution of required consent and related documents.

Status
APPROVED
Document date
June 15, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Security Bank & Trust Co
Agency
Town of Glencoe · 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
Term of bond mortgage (not specified)
Renewal
Consent applies throughout the period the mortgage encumbers the leasehold interest; term aligns with bond duration.
Document type
AgendaPacket
Source document
City of Glencoe AgendaPacket City Council Meeting 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 Glencoe?

Security Bank & Trust Co was awarded this financial services contract by Town of Glencoe, as recorded on June 15, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Glencoe AgendaPacket City Council Meeting 2026-06-15 (AgendaPacket), dated June 15, 2026 from Town of Glencoe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Security Bank & Trust Co hold?

Security Bank & Trust Co 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 Security Bank & Trust Co's profile

What is Town of Glencoe currently buying?

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

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