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Pine City Holds Frandsen Certificate of Deposit

City of Pine logoCity of Pine
Disclosed value
$33,664 general fund; $14,971 SCDP fund; $60,748 RLF fund; $109,382 total
From agendapacket
Document date
Sep 23, 2026
Renews
Free account

The 30-second brief

What it covers

Pine City’s EDA holds a Frandsen certificate of deposit totaling $109,382 across its funds. The certificate pays 3.5% interest and matures February 6, 2027.

Who holds it

FRANDSEN holds this financial services contract with City of Pine. Its other public contracts on record include work for Town of Silver Brook and Town of Luck.

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
$33,664 general fund; $14,971 SCDP fund; $60,748 RLF fund; $109,382 total
Document date
September 23, 2026
Term
Yearly interest; maturity date February 6, 2027
Renews
Free account
Vendor
FRANDSEN
Agency
City of Pine
Source document
Pine City AgendaPacket EDA Meeting 2026-09-23 (AgendaPacket)

FRANDSEN's other public contracts

City of Pine, MinnesotaPine City Reports Frandsen Certificate Of Deposit · Aug 26, 2026UndisclosedTown of Silver Brook, MinnesotaTownship Plans Savings Account With Frandsen · May 18, 2026UndisclosedTown of Luck, WisconsinTown Maintains Depository Accounts at Frandsen Bank · Mar 10, 2026UndisclosedCity of Braham, MinnesotaCouncil to approve February disbursements via Frandsen · Mar 3, 2026$279.5KCity of Braham, MinnesotaFrandsen Named City Depository for 2026 · Jan 7, 2026UndisclosedAll FRANDSEN contractsVendor profile

More City of Pine contracts

EHLERSPine City Seeks Ehlers Advice on Timber Pines Financing · Oct 27, 2026UndisclosedStearns 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, 2026All City of Pine activityAgency profile

Questions about this contract

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

FRANDSEN was awarded this financial services contract by City of Pine, as recorded on September 23, 2026. The contract value is $33,664 general fund; $14,971 SCDP fund; $60,748 RLF fund; $109,382 total.

How much is the FRANDSEN contract with City of Pine worth?

The FRANDSEN contract with City of Pine is valued at $33,664 general fund; $14,971 SCDP fund; $60,748 RLF fund; $109,382 total, 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 AgendaPacket EDA Meeting 2026-09-23 (AgendaPacket), dated September 23, 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 hold?

FRANDSEN 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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