FINANCIAL_SERVICESAPPROVED

City of Wayland Awards Financial Services Contract to Pilot Grove Savings Bank (May 2026)

The City of Wayland approved reinvestment of a certificate of deposit at Pilot Grove Savings Bank at a rate of 3.85% for an 11 month term. The council motion carried with 3 ayes.

Status
APPROVED
Document date
May 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pilot Grove Savings Bank
Agency
City of Wayland · IA

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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
3.85% for 11 months (CD reinvestment)
Contract type
FINANCIAL_SERVICES
Contract term
11 months
Renewal date
2027-04-20
Document type
Minutes
Source document
City of Wayland Minutes Regular Meeting 2026-05-20

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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 Wayland?

Pilot Grove Savings Bank was awarded this financial services contract by City of Wayland, as recorded on May 20, 2026. The contract value is 3.85% for 11 months (CD reinvestment).

How much is the Pilot Grove Savings Bank contract with City of Wayland worth?

The Pilot Grove Savings Bank contract with City of Wayland is valued at 3.85% for 11 months (CD reinvestment), 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 City of Wayland Minutes Regular Meeting 2026-05-20 (Minutes), dated May 20, 2026 from City of Wayland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pilot Grove Savings Bank hold?

Pilot Grove Savings 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 Pilot Grove Savings Bank's profile

What is City of Wayland currently buying?

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

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