FINANCIAL_SERVICESAPPROVED

City of Shorewood Awards Financial Services Contract to Alerus Bank (January 2025)

The City of Shorewood designated Alerus Bank as an official depository for city funds for 2025. The banking designation was approved in Resolution No. 25-003 as part of annual appointments.

Status
APPROVED
Document date
January 13, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Alerus Bank
Agency
City of Shorewood · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Calendar year 2025
Renewal date
2025-12-31
Renewal
Designation as an official depository applies for 2025 and is reconsidered annually with the City's appointments and designations.
Document type
Meeting Minutes
Source document
city-of-shorewood-meeting-minutes-2025-01-13_dc2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Alerus Bank was awarded this financial services contract by City of Shorewood, as recorded on January 13, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-shorewood-meeting-minutes-2025-01-13_dc2.pdf (Meeting Minutes), dated January 13, 2025 from City of Shorewood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alerus Bank hold?

Alerus 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.

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What is City of Shorewood currently buying?

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

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