FINANCIAL_SERVICESAPPROVED

Balsam Lake village Awards Financial Services Contract to Pillar Bank (June 2026)

The Village of Balsam Lake approved transferring a maturing CD into a money market account at Pillar Bank with a 1.75% APY. This action adjusts the village’s short-term investment strategy.

Status
APPROVED
Document date
June 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pillar Bank
Agency
Balsam Lake village · WI

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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
Contract term
Maturing CD moved into Money Market Account at 1.75% APY as of June 1, 2026; term of account not specified
Renewal
Money market account is ongoing until the Village elects to change investment; no specific maturity date provided.
Document type
Minutes
Source document
Village of Balsam Lake Minutes Regular Meeting of Trustees 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 Balsam Lake village?

Pillar Bank was awarded this financial services contract by Balsam Lake village, 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 Village of Balsam Lake Minutes Regular Meeting of Trustees 2026-06-01 (Minutes), dated June 1, 2026 from Balsam Lake village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pillar Bank hold?

Pillar Bank 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 Pillar Bank's profile

What is Balsam Lake village currently buying?

Explore Balsam Lake village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Balsam Lake village's profile

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