CONTRACTAPPROVED

Melrose village Awards Financial Services Contract to Freeport State Bank (February 2024)

Approved: Feb 12, 2024
Term: 12 to 24 months (various CDs)

What it covers

The Commission authorized Finance Director Ryan Meyer to invest utility funds in certificates of deposit at Freeport State Bank. The approved action leverages competitive CD rates across 12- to 24-month terms.

Who holds it

Freeport State Bank holds this financial services contract with Melrose village. Its other public contracts on record include work for Albany Public School District and City of Freeport.

What happens next

Term as filed: 12 to 24 months (various CDs).

See who signed off on this contract.

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Contract details

Contract type: Financial Services
Document date: February 12, 2024
Term: 12 to 24 months (various CDs)
Vendor: Freeport State Bank
Agency: Melrose village
Source document: melrose-village-meeting-minutes-2024-02-12_da3.pdf (Meeting Minutes)

Freeport State Bank's other public contracts

Albany Public School District, MinnesotaFreeport State Bank Backs BEAT Arts Series · Aug 12, 2026$500 City of Freeport, MinnesotaBond Interest Payment Remitted to Freeport State Bank · Jul 28, 2026$22K Albany Public School District, MinnesotaFreeport State Bank Donates $150 To NHS · May 13, 2026$150 Albany Public School District, MinnesotaFreeport State Bank Donation For NHS Approved · May 13, 2026$150 City of Albany, MinnesotaFreeport State Bank Backs Albany Pickleball Fund · Mar 18, 2026$2.5K All Freeport State Bank contractsVendor profile

More Melrose village contracts

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Questions about this contract

Who was awarded the financial services contract by Melrose village?

Freeport State Bank was awarded this financial services contract by Melrose village, as recorded on February 12, 2024.

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 melrose-village-meeting-minutes-2024-02-12_da3.pdf (Meeting Minutes), dated February 12, 2024 from Melrose village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Freeport State Bank hold?

Freeport State 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 Melrose village currently buying?

Explore Melrose village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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