FINANCIAL_SERVICESAPPROVED

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

Greenwood Township initially approved purchasing a $50,000, 7-month CD at 4% interest from Park State Bank designated for the Fire Capital Fund. The Treasurer subsequently obtained a better-matched government rate elsewhere and redirected the investment.

Status
APPROVED
Document date
August 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Park State Bank
Agency
Town of Greenwood · MN

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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
Originally approved 7-month CD at 4% interest
Renewal
This was a one-time CD investment decision later effectively replaced by a CD at Frandsen Bank when government rates were renegotiated.
Document type
AgendaPacket
Source document
Greenwood Township AgendaPacket August 12, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Park State 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 Park State Bank contract with Town of Greenwood worth?

The Park State 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 Park State Bank hold?

Park 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 Park State 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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