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Bank of Lake Mills CD Funds Moved to Money Market

Town of Farmington
Disclosed value
$500,000.00
From minutes
Document date
Aug 10, 2026

The 30-second brief

What it covers

The Town of Farmington reported that its $500,000 Bank of Lake Mills certificate of deposit matured and moved to the Money Market account. Officials discussed a possible six-month replacement CD at 4.1% while the Treasurer compares rates.

Who holds it

Bank of Lake Mills holds this financial services contract with Town of Farmington. Its other public contracts on record include work for City of Watertown and New Trier Twp HSD 203.

What happens next

Term as filed: CD due August 6, 2026; funds transferred to Money Market; six-month CD option discussed at 4.1%.

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Contract details

Contract type
Financial Services
Amount
$500,000.00
Document date
August 10, 2026
Term
CD due August 6, 2026; funds transferred to Money Market; six-month CD option discussed at 4.1%
Vendor
Bank of Lake Mills
Agency
Town of Farmington
Source document
Town of Farmington Minutes Town Board Meeting August 10, 2026 (Minutes)

Bank of Lake Mills's other public contracts

City of Watertown, WisconsinBank of Lake Mills Veteran's Day Sponsorship Listed · Oct 19, 2026UndisclosedCity of Watertown, WisconsinCommission to Consider Bank of Lake Mills Sponsorship · Oct 19, 2026UndisclosedCity of Watertown, WisconsinBank of Lake Mills Sponsors Veteran's Day Event · Oct 19, 2026$1.7KCity of Watertown, WisconsinBank of Lake Mills Veterans Day Sponsorship Listed · Oct 19, 2026UndisclosedNew Trier Twp HSD 203, IllinoisDistrict CD with Bank of Lake Mills · Aug 14, 2026$245KAll Bank of Lake Mills contractsVendor profile

More Town of Farmington contracts

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Questions about this contract

Who was awarded the financial services contract by Town of Farmington?

Bank of Lake Mills was awarded this financial services contract by Town of Farmington, as recorded on August 10, 2026. The contract value is $500,000.00.

How much is the Bank of Lake Mills contract with Town of Farmington worth?

The Bank of Lake Mills contract with Town of Farmington is valued at $500,000.00, 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 Town of Farmington Minutes Town Board Meeting August 10, 2026 (Minutes), dated August 10, 2026 from Town of Farmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Lake Mills hold?

Bank of Lake Mills 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 Town of Farmington currently buying?

Explore Town of Farmington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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