City consolidates CDs at State Bank of Lake Park
City of Lake ParkCity · MN- Document date
- Apr 13, 2026
- Term
- 3.75% for 1 year
The 30-second brief
Lake Park moved a maturing certificate of deposit to the State Bank of Lake Park, consolidating all CDs there at an interest rate of 3.75% for one year. This action centralizes the city’s short-term investments with a single financial institution.
State Bank of Lake Park holds this financial services contract with City of Lake Park. Its other public contracts on record include work for Lake Park Audubon School District and Town of Cormorant.
Term as filed: 3.75% for 1 year.
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Contract details
- Contract type
- Financial Services
- Document date
- April 13, 2026
- Term
- 3.75% for 1 year
- Vendor
- State Bank of Lake Park
- Agency
- City of Lake Park
- Source document
- City of Lake Park Minutes 2026-04-13 (Minutes)
State Bank of Lake Park's other public contracts
More City of Lake Park contracts
Questions about this contract
Who was awarded the financial services contract by City of Lake Park?
State Bank of Lake Park was awarded this financial services contract by City of Lake Park, as recorded on April 13, 2026.
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 City of Lake Park Minutes 2026-04-13 (Minutes), dated April 13, 2026 from City of Lake Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does State Bank of Lake Park hold?
State Bank of Lake Park 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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