FINANCIAL_SERVICESONGOING

Township Maintains Deposits with Security Bank

For the $125,000 CD 8013045 maturing June 12, 2026, the board instructed that funds be cashed out and deposited into the township’s existing cash account at Security Bank unless better short-term CD rates are available. This maintains the township’s primary banking and depository relationship with Security Bank.

Status
ONGOING
Document date
June 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Security Bank
Agency
Town of Laketown · MN

Trusted by teams at

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
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 amount
$125,000
Contract type
FINANCIAL_SERVICES
Renewal date
2026-06-12
Renewal
CD 8013045 for $125,000 matures on 2026-06-12; upon maturity, funds are to be cashed out and deposited into the existing Security Bank cash account per board policy unless a higher short-term CD rate is identified.
Document type
Minutes
Source document
Laketown Township Minutes 2026-06-08

Related contracts

Other contracts from Security Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Laketown?

Security Bank was awarded this financial services contract by Town of Laketown, as recorded on June 8, 2026. The contract value is $125,000.

How much is the Security Bank contract with Town of Laketown worth?

The Security Bank contract with Town of Laketown is valued at $125,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Laketown Township Minutes 2026-06-08 (Minutes), dated June 8, 2026 from Town of Laketown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Security Bank hold?

Security 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.

View Security Bank's profile

What is Town of Laketown currently buying?

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

View Town of Laketown's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free