Town of Orrock Awards $250,000 Financial Services Contract to Sherburne State Bank (August 2026)
Town of OrrockCity · Big Lake, MN- Disclosed value
- $250,000
- From agendapacket
- Approved
- Aug 26, 2026
- Renews
- Free account
The 30-second brief
Orrock Township authorized a $250,000 investment in a 5-month Certificate of Deposit at 3.60% with Sherburne State Bank and moved the remaining CD balance into its money market account. The bank confirmed pledged securities coverage for township deposits.
Sherburne State Bank holds this financial services contract with Town of Orrock. Its other public contracts on record include work for Swan River Montessori Charter Sch and Sherburne County.
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Contract details
- Contract type
- Financial Services
- Amount
- $250,000
- Document date
- August 26, 2026
- Term
- 5-month Certificate of Deposit at 3.60% starting late June 2026
- Renews
- On record
- Vendor
- Sherburne State Bank
- Agency
- Town of Orrock
- Source document
- Orrock Township Agenda Packet 2026-08-26 (AgendaPacket)
Sherburne State Bank's other public contracts
More Town of Orrock contracts
Questions about this contract
Who was awarded the financial services contract by Town of Orrock?
Sherburne State Bank was awarded this financial services contract by Town of Orrock, as recorded on August 26, 2026. The contract value is $250,000.
How much is the Sherburne State Bank contract with Town of Orrock worth?
The Sherburne State Bank contract with Town of Orrock is valued at $250,000, 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 Orrock Township Agenda Packet 2026-08-26 (AgendaPacket), dated August 26, 2026 from Town of Orrock. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Sherburne State Bank hold?
Sherburne 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 Town of Orrock currently buying?
Explore Town of Orrock's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.