CONTRACTAPPROVED

Red Lake Watershed District Awards Financial Services Contract to Dakota Heritage Bank (May 2026)

Red Lake Watershed District
Disclosed value
$1,000,000 total; two CDs of $500,000 each
From agendapacket
Approved
May 14, 2026
Renews
Free account

The 30-second brief

What it covers

The Red Lake Watershed District approved reinvesting two maturing certificates of deposit with Dakota Heritage Bank. The $1 million investment consists of a 12-month CD at 4.04% and a seven-month CD at 3.89%.

Who holds it

Dakota Heritage Bank holds this financial services contract with Red Lake Watershed District. Its other public contracts on record include work for Hope-Page Public School District 85 and Traill County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Red Lake Watershed District contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$1,000,000 total; two CDs of $500,000 each
Document date
May 14, 2026
Term
One CD for 12 months at 4.04%; one CD for 7 months at 3.89%
Renews
Free account
Source document
Red Lake Watershed District AgendaPacket May 14, 2026 Board Meeting (AgendaPacket)

Dakota Heritage Bank's other public contracts

More Red Lake Watershed District contracts

Questions about this contract

Who was awarded the financial services contract by Red Lake Watershed District?

Dakota Heritage Bank was awarded this financial services contract by Red Lake Watershed District, as recorded on May 14, 2026. The contract value is $1,000,000 total; two CDs of $500,000 each.

How much is the Dakota Heritage Bank contract with Red Lake Watershed District worth?

The Dakota Heritage Bank contract with Red Lake Watershed District is valued at $1,000,000 total; two CDs of $500,000 each, 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 Red Lake Watershed District AgendaPacket May 14, 2026 Board Meeting (AgendaPacket), dated May 14, 2026 from Red Lake Watershed District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Dakota Heritage Bank hold?

Dakota Heritage 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.

What is Red Lake Watershed District currently buying?

Explore Red Lake Watershed District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →