Board Reviews Maturing CD at Northern State Bank
Northwest Regional LibraryLibrary District · Thief River Falls, MN- Document date
- Feb 12, 2026
The 30-second brief
The Northwest Regional Library Board reviewed a maturing certificate of deposit held at Northern State Bank and considered alternative institutions for future investments. The discussion focused on reinvesting principal and interest to optimize returns while adjusting the list of preferred banks and credit unions.
Northern State Bank holds this financial services contract with Northwest Regional Library. Its other public contracts on record include work for Town of Russell and City of Aurora.
Term as filed: CD reviewed at maturity; principal and accrued interest to be reinvested elsewhere.
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Contract details
- Contract type
- Financial Services
- Document date
- February 12, 2026
- Term
- CD reviewed at maturity; principal and accrued interest to be reinvested elsewhere
- Vendor
- Northern State Bank
- Source document
- Northwest Regional Library Board of Trustees Meeting Minutes 2026-02-12 (Minutes)
Northern State Bank's other public contracts
More Northwest Regional Library contracts
Questions about this contract
Who was awarded the financial services contract by Northwest Regional Library?
Northern State Bank was awarded this financial services contract by Northwest Regional Library, as recorded on February 12, 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 Northwest Regional Library Board of Trustees Meeting Minutes 2026-02-12 (Minutes), dated February 12, 2026 from Northwest Regional Library. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Northern State Bank hold?
Northern 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 Northwest Regional Library currently buying?
Explore Northwest Regional Library's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.