San Francisco Township Board Meeting Minutes February 2026
Township Opens Money Market Account at Royal Credit Union
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Description
San Francisco Township Board approved opening an Index Money Market account with Royal Credit Union, starting with a $5,000 deposit and including check and deposit ticket orders. The account will earn interest tied to the 90-day Treasury, historically averaging 3.5% to 4% last year.
Contract Details
Contract Amount
$5,000.00 initial deposit
Vendor
ROYAL CREDIT UNION
Agency
Town of San Francisco, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Renewal Info
Ongoing money market/depository relationship; no fixed term or renewal schedule specified.
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