CONTRACTAPPROVED

Rice County Awards Financial Services Contract to Alden State Bank (January 2021)

Disclosed value: $650,000 at an interest rate of 2.44% for 10 years; From minutes
Approved: Jan 11, 2021
Term: 10 years

What it covers

The Rice County Commissioners approved a lease purchase agreement with Alden State Bank and Fire District #1 to finance six fire trucks. The agreement totals $650,000 at 2.44% interest over a ten-year term.

Who holds it

Alden State Bank holds this financial services contract with Rice County. Its other public contracts on record include work for Alden Community School District and Alden Central School District.

What happens next

Term as filed: 10 years.

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Contract details

Contract type: Financial Services
Amount: $650,000 at an interest rate of 2.44% for 10 years
Document date: January 11, 2021
Term: 10 years
Vendor: Alden State Bank
Agency: Rice County
Source document: Rice County Commissioners Meeting Minutes January 2021 (Minutes)

Alden State Bank's other public contracts

Alden Community School District, IowaAlden State Bank Named Official Depository · Jul 9, 2026Undisclosed Alden Central School District, New YorkAlden State Bank named official depository · Jul 9, 2026Undisclosed Town of Clearwater, MichiganRoad Fund Makes $177K Payment to Alden State Bank · Apr 16, 2026$177.5K Village of Alden, New YorkAlden State Bank Named Official Village Depository · Apr 14, 2026Undisclosed Town of Echo, MichiganTownship Closes CDs Held at Alden State Bank · Apr 1, 2026Undisclosed All Alden State Bank contractsVendor profile

More Rice County contracts

MTCCounty reviews ongoing MTC phone line services · Apr 20, 2026 Walton Plumbing & HeatingWeed Department breaker panel replacement approved · Apr 20, 2026 Hood ConstructionCourthouse guttering contract awarded to Hood Construction · Apr 20, 2026 State Fire MarshallCounty Approves Task Force Contract With State Fire Marshall · Apr 6, 2026Undisclosed Lyons Family CarePayment Approved to Lyons Family Care for Death Review · Apr 6, 2026$600 All Rice County activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Rice County?

Alden State Bank was awarded this financial services contract by Rice County, as recorded on January 11, 2021. The contract value is $650,000 at an interest rate of 2.44% for 10 years.

How much is the Alden State Bank contract with Rice County worth?

The Alden State Bank contract with Rice County is valued at $650,000 at an interest rate of 2.44% for 10 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Rice County Commissioners Meeting Minutes January 2021 (Minutes), dated January 11, 2021 from Rice County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Alden State Bank hold?

Alden 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.

What is Rice County currently buying?

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

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