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Pine City Renews $68,138 CD With Frandsen Bank

City of Pine logoCity of Pine
Disclosed value
$68,138
From agendapacket
Document date
Oct 27, 2026
Renews
Free account

The 30-second brief

What it covers

Pine City renewed a $68,138 certificate of deposit with Frandsen Bank for 10 months at 4%. The EDA approved the transfer from Stearns Bank with five ayes and one abstention.

Who holds it

Frandsen Bank holds this financial services contract with City of Pine. Its other public contracts on record include work for City of Baxter.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Pine contract.

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Contract details

Contract type
Financial Services
Amount
$68,138
Document date
October 27, 2026
Term
10 months at 4%; beginning October 10, 2026
Renews
Free account
Vendor
Frandsen Bank
Agency
City of Pine
Source document
Pine City Economic Development Authority Agenda Packet 2026-10-28 (AgendaPacket)

Frandsen Bank's other public contracts

City of Baxter, MinnesotaBaxter Plans Frandsen Stormwater Maintenance Agreement · Oct 20, 2026UndisclosedCity of Baxter, MinnesotaBaxter Plans Development Agreement With Frandsen Bank · Oct 20, 2026UndisclosedCity of Baxter, MinnesotaBaxter Plans Permanent Utility Easement for Frandsen · Oct 20, 2026UndisclosedCity of Baxter, MinnesotaBaxter Approves Frandsen Stormwater Agreement · Oct 20, 2026UndisclosedCity of Baxter, MinnesotaBaxter Plans Frandsen Bank Watermain Agreement · Oct 20, 2026UndisclosedAll Frandsen Bank contractsVendor profile

More City of Pine contracts

Stearns BankPine City Transfers EDA CD From Stearns Bank · Oct 27, 2026$68.1KMn PeipPine City Pays MN PEIP Health Insurance Premium · Oct 27, 2026$44.2Lincoln National LifePine City Pays Lincoln National Disability Premium · Oct 27, 2026$1.4Fryberger, Buchanan, Smith & Frederick PaFryberger Named Bond Counsel for Timber Pines Bonds · Oct 27, 2026Lakeside Center LLCPine City Amends Lakeside Center Loan Agreement · Oct 27, 2026All City of Pine activityAgency profile

Questions about this contract

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

Frandsen Bank was awarded this financial services contract by City of Pine, as recorded on October 27, 2026. The contract value is $68,138.

How much is the Frandsen Bank contract with City of Pine worth?

The Frandsen Bank contract with City of Pine is valued at $68,138, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Pine City Economic Development Authority Agenda Packet 2026-10-28 (AgendaPacket), dated October 27, 2026 from City of Pine. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Frandsen Bank hold?

Frandsen 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 Pine currently buying?

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

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