FINANCIAL_SERVICESAPPROVED

Murray County Central School District Awards Financial Services Contract to Minnwest Bank Slayton Minnesota (June 2025)

The Board approved an agreement with Minnwest Bank, Slayton to cash district orders not paid for want of funds, with a maximum outstanding amount of $700,000 at variable interest, for FY26.

Status
APPROVED
Document date
June 9, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Minnwest Bank Slayton Minnesota
Agency
Murray County Central School District · MN

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $700,000 outstanding at any time; interest at 1% over Wells Fargo prime, floor 7.5%, starting at 8.5%
Contract type
FINANCIAL_SERVICES
Contract term
07-01-2025 to 06-30-2026
Renewal date
2026-06-30
Renewal
Annual agreement, effective for the 2025-2026 fiscal year, remains until rescinded/amended by the Board or notice of non-acceptance by bank within 10 days.
Document type
Minutes
Source document
Murray County Central ISD#2169 Board of Education Minutes

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Murray County Central School District?

Minnwest Bank Slayton Minnesota was awarded this financial services contract by Murray County Central School District, as recorded on June 9, 2025. The contract value is Not to exceed $700,000 outstanding at any time; interest at 1% over Wells Fargo prime, floor 7.5%, starting at 8.5%.

How much is the Minnwest Bank Slayton Minnesota contract with Murray County Central School District worth?

The Minnwest Bank Slayton Minnesota contract with Murray County Central School District is valued at Not to exceed $700,000 outstanding at any time; interest at 1% over Wells Fargo prime, floor 7.5%, starting at 8.5%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Murray County Central ISD#2169 Board of Education Minutes (Minutes), dated June 9, 2025 from Murray County Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Minnwest Bank Slayton Minnesota hold?

Minnwest Bank Slayton Minnesota 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 Minnwest Bank Slayton Minnesota's profile

What is Murray County Central School District currently buying?

Explore Murray County Central School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Murray County Central School District's profile

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