FINANCIAL_SERVICESAPPROVED

City of Deephaven Awards Financial Services Contract to ALERUS (June 2026)

The Deephaven City Council selected Alerus to continue providing municipal banking services after reviewing five proposals. The approval was based on service offerings, competitive interest rates, and overall financial benefit to the City.

Status
APPROVED
Document date
June 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
ALERUS
Agency
City of Deephaven · 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
Renewal
Council action continues existing banking services relationship with Alerus; specific renewal term or expiration date is not stated in the minutes.
Document type
Minutes
Source document
Deephaven City Council Minutes 2026-06-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Deephaven?

ALERUS was awarded this financial services contract by City of Deephaven, as recorded on June 1, 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 Deephaven City Council Minutes 2026-06-01 (Minutes), dated June 1, 2026 from City of Deephaven. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ALERUS hold?

ALERUS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Deephaven currently buying?

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

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