Frandsen Bank Collateral Proposed for State Funds
Minnesota Department of Administration | State of MinnesotaState · Saint Paul, MN- Disclosed value
- $665,000.00
- From agendapacket
- Document date
- Sep 22, 2026
The 30-second brief
Minnesota Management and Budget requested approval of $665,000 in Frandsen Bank & Trust collateral. The listed security references Bank of North Dakota and City of Mercedes, Texas general obligation bonds.
Frandsen Bank & Trust holds this financial services contract with Minnesota Department of Administration | State of Minnesota. Its other public contracts on record include work for Pine County Housing And Redevelopment Authority / Economic Development Authority and Town of New Haven.
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Contract details
- Contract type
- Financial Services
- Amount
- $665,000.00
- Document date
- September 22, 2026
- Vendor
- Frandsen Bank & Trust
- Source document
- State of Minnesota Executive Council AgendaPacket September 22, 2026 (AgendaPacket)
Frandsen Bank & Trust's other public contracts
More Minnesota Department of Administration | State of Minnesota contracts
Questions about this contract
Who was awarded the financial services contract by Minnesota Department of Administration | State of Minnesota?
Frandsen Bank & Trust was awarded this financial services contract by Minnesota Department of Administration | State of Minnesota, as recorded on September 22, 2026. The contract value is $665,000.00.
How much is the Frandsen Bank & Trust contract with Minnesota Department of Administration | State of Minnesota worth?
The Frandsen Bank & Trust contract with Minnesota Department of Administration | State of Minnesota is valued at $665,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in State of Minnesota Executive Council AgendaPacket September 22, 2026 (AgendaPacket), dated September 22, 2026 from Minnesota Department of Administration | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Frandsen Bank & Trust hold?
Frandsen Bank & Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Minnesota Department of Administration | State of Minnesota currently buying?
Explore Minnesota Department of Administration | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
