FINANCIAL_SERVICESAPPROVED

Rice Lake Recreation Service District Awards Financial Services Contract to People’s State Bank (August 2026)

The Ward County Water Resource Board authorized opening a $558,544.52 certificate of deposit for three months at 4.30% interest with People’s State Bank and cashing out an existing $250,000 CD at the same bank. The move reallocates board investment holdings among local financial institutions.

Status
APPROVED
Document date
August 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
People’s State Bank
Agency
Rice Lake Recreation Service District · ND

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$558,544.52 (new CD) and $250,000.00 (CD cashed out)
Contract type
FINANCIAL_SERVICES
Contract term
3-month certificate of deposit at 4.30% interest for $558,544.52
Renewal date
2026-11-10
Renewal
New 3‑month CD will mature approximately three months from August 10, 2026; existing $250,000 CD at People’s State Bank is terminated.
Document type
Minutes
Source document
Ward County Water Resource Board Minutes 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rice Lake Recreation Service District?

People’s State Bank was awarded this financial services contract by Rice Lake Recreation Service District, as recorded on August 10, 2026. The contract value is $558,544.52 (new CD) and $250,000.00 (CD cashed out).

How much is the People’s State Bank contract with Rice Lake Recreation Service District worth?

The People’s State Bank contract with Rice Lake Recreation Service District is valued at $558,544.52 (new CD) and $250,000.00 (CD cashed out), covering financial services work.

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 Ward County Water Resource Board Minutes 2026-08-10 (Minutes), dated August 10, 2026 from Rice Lake Recreation Service District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does People’s State Bank hold?

People’s 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.

View People’s State Bank's profile

What is Rice Lake Recreation Service District currently buying?

Explore Rice Lake Recreation Service District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Rice Lake Recreation Service District's profile

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