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Contingent CD Investment Planned With Fortifi Bank

City of Berlin logoCity of Berlin
Disclosed value
$352,698.52
From minutes
Document date
Jun 17, 2026

The 30-second brief

What it covers

The Oakwood Cemetery Board authorized opening a new 23‑month CD at Fortifi Bank at 4.09% for $352,698.52 if their current bank cannot match the rate. This would reposition a major cemetery fund to take advantage of higher interest earnings.

Who holds it

Fortifi Bank holds this financial services contract with City of Berlin. Its other public contracts on record include work for Town of Shields and Winneconne Community School District.

What happens next

Term as filed: 23‑month CD at 4.09% (if Farmers and Merchants Bank does not match).

See who signed off on this $352.7K contract.

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Contract details

Contract type
Financial Services
Amount
$352,698.52
Document date
June 17, 2026
Term
23‑month CD at 4.09% (if Farmers and Merchants Bank does not match)
Vendor
Fortifi Bank
Agency
City of Berlin
Source document
City of Berlin Oakwood Cemetery Board Meeting Minutes 2026-06-17 (Minutes)

Fortifi Bank's other public contracts

Town of Shields, WisconsinShields Renews Certificate of Deposit with Fortifi Bank · Sep 10, 2026UndisclosedCity of Berlin, WisconsinFortifi Bank Provides Ongoing City Banking Services · Aug 9, 2026UndisclosedWinneconne Community School District, WisconsinDistrict Designates Fortifi Bank as Official Depository · May 17, 2026UndisclosedCity of Omro, WisconsinFortifi Bank Approved as City Depository · Apr 21, 2026UndisclosedCity of Omro, WisconsinCity to Authorize Signers on Fortifi Bank Accounts · Apr 21, 2026UndisclosedAll Fortifi Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Berlin?

Fortifi Bank was awarded this financial services contract by City of Berlin, as recorded on June 17, 2026. The contract value is $352,698.52.

How much is the Fortifi Bank contract with City of Berlin worth?

The Fortifi Bank contract with City of Berlin is valued at $352,698.52, covering financial services work.

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 City of Berlin Oakwood Cemetery Board Meeting Minutes 2026-06-17 (Minutes), dated June 17, 2026 from City of Berlin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fortifi Bank hold?

Fortifi 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.

What is City of Berlin currently buying?

Explore City of Berlin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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