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Citizens Community Federal holds major City deposits

City of Faribault logoCity of Faribault
Disclosed value
$7,763,660
From agenda
Document date
Mar 2, 2021

The 30-second brief

What it covers

Faribault’s 2020 investment report shows Citizens Community Federal serving as an official depository, holding about $7.76 million of City cash and investments. The bank provides ongoing banking and depository services under the City’s investment and collateral policies.

Who holds it

Citizens Community Federal holds this financial services contract with City of Faribault. Its other public contracts on record include work for Ellsworth Community School District and Town of Naples.

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Contract details

Contract type
Financial Services
Amount
$7,763,660
Document date
March 2, 2021
Vendor
Citizens Community Federal
Agency
City of Faribault
Source document
faribault_city_council_work_session_agenda_march_2.pdf (Agenda)

Citizens Community Federal's other public contracts

City of Faribault, MinnesotaFaribault Names Citizens Community Federal Depository · Aug 26, 2025UndisclosedEllsworth Community School District, WisconsinApproved Investment Agencies Designated for School District · May 12, 2025UndisclosedEllsworth Community School District, WisconsinCCF Bank designated as official school bank. · May 12, 2025UndisclosedTown of Naples, WisconsinTown approves $1M line of credit for road work · Apr 28, 2025UndisclosedCity of Faribault, MinnesotaCitizens Community Federal Named City Depository · Apr 22, 2025UndisclosedAll Citizens Community Federal contractsVendor profile

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Questions about this contract

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

Citizens Community Federal was awarded this financial services contract by City of Faribault, as recorded on March 2, 2021. The contract value is $7,763,660.

How much is the Citizens Community Federal contract with City of Faribault worth?

The Citizens Community Federal contract with City of Faribault is valued at $7,763,660, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in faribault_city_council_work_session_agenda_march_2.pdf (Agenda), dated March 2, 2021 from City of Faribault. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Citizens Community Federal hold?

Citizens Community Federal 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 Faribault currently buying?

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

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