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City of Pine Awards $68,138 Financial Services Contract to Stearns Bank (October 2026)

City of Pine logoCity of Pine
Disclosed value
$68,138
From agendapacket
Approved
Oct 27, 2026

The 30-second brief

What it covers

Pine City approved the transfer of a $68,138 certificate of deposit from Stearns Bank as part of a new 10-month CD arrangement. The motion passed with five ayes and one abstention.

Who holds it

Stearns Bank holds this financial services contract with City of Pine. Its other public contracts on record include work for City of Holdingford and Holdingford Public School District.

What happens next

Term as filed: Transfer from existing certificate of deposit; existing CD matured October 10, 2026.

See who signed off on this $68.1K contract.

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Contract details

Contract type
Financial Services
Amount
$68,138
Document date
October 27, 2026
Term
Transfer from existing certificate of deposit; existing CD matured October 10, 2026
Vendor
Stearns Bank
Agency
City of Pine
Source document
Pine City Economic Development Authority Agenda Packet 2026-10-28 (AgendaPacket)

Stearns Bank's other public contracts

City of Holdingford, MinnesotaHoldingford Claims Include Stearns Bank Payment · Oct 13, 2026$454.6City of Pine, MinnesotaPine City EDA Approves $50,000 Stearns Bank CD · Aug 26, 2026$50KCity of Holdingford, MinnesotaCity Navigates Stearns Bank Buyout Impacts · Aug 10, 2026UndisclosedCity of Holdingford, MinnesotaStearns Bank buyout impacting city financial records · Jul 13, 2026UndisclosedHoldingford Public School District, MinnesotaStearns Bank Named Official District Depository · Jun 17, 2026UndisclosedAll Stearns Bank contractsVendor profile

More City of Pine contracts

EHLERSPine City Seeks Ehlers Advice on Timber Pines Financing · Oct 27, 2026UndisclosedMn 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, 2026Frandsen BankPine City Renews $68,138 CD With Frandsen Bank · Oct 27, 2026$68.1KAll City of Pine activityAgency profile

Questions about this contract

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

Stearns 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 Stearns Bank contract with City of Pine worth?

The Stearns 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 Stearns Bank hold?

Stearns 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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