City Renews CD with Magnifi Bank
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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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