FINANCIAL_SERVICESAWARDED

Town of Greenwood Awards $50,000 Financial Services Contract to Frandsen Bank (August 2026)

Following rate negotiations, Greenwood Township invested $50,000 in a six-month CD at 4% interest with Frandsen Bank at government rates for the Fire Capital Fund. This investment effectively replaced the earlier board-approved CD plan with Park State Bank.

Status
AWARDED
Document date
August 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Frandsen Bank
Agency
Town of Greenwood · MN

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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
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
$50,000
Contract type
FINANCIAL_SERVICES
Contract term
Six months at 4% interest
Renewal
Six-month CD investment at 4% interest; future renewals or rollovers will require new board direction or treasurer action.
Document type
AgendaPacket
Source document
Greenwood Township AgendaPacket August 12, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Frandsen Bank was awarded this financial services contract by Town of Greenwood, as recorded on August 12, 2026. The contract value is $50,000.

How much is the Frandsen Bank contract with Town of Greenwood worth?

The Frandsen Bank contract with Town of Greenwood is valued at $50,000, 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 Greenwood Township AgendaPacket August 12, 2026 (AgendaPacket), dated August 12, 2026 from Town of Greenwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Frandsen Bank hold?

Frandsen 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 Frandsen Bank's profile

What is Town of Greenwood currently buying?

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

View Town of Greenwood's profile

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