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FINANCIAL_SERVICESRENEWED

Holdingford City Council Meeting Minutes February 2026

City Renews CD with Magnifi Bank

City of HoldingfordMAGNIFIFebruary 9, 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 Council renewed the City's investment by rolling over a maturing CD at Magnifi into a new CD. This action maintains the City's investment strategy with Magnifi.

Contract Details

Vendor

MAGNIFI

Agency

City of Holdingford, MN

Contract Type

FINANCIAL_SERVICES

Document Date

February 9, 2026

Contract Term

CD matures February 15th, 2026; rolled into a new CD

Renewal Date

2027-02-15

Renewal Info

CD rolled over upon maturity; standard renewal practice.

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