FINANCIAL_SERVICESRENEWED

Town Renews Three CDs with National Bank of Commerce

The town board renewed three certificates of deposit with National Bank of Commerce, each for $113,738.98, at interest rates of 4.10%, 4.15%, and 4.2% for terms of 8, 9, and 12 months respectively. The CDs renew upon their July 22, 2026 maturity date.

Status
RENEWED
Document date
July 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
National Bank of Commerce
Agency
Town of Thompson · 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
Three CDs of $113,738.98 each, renewed at 4.10%, 4.15%, and 4.2%
Contract type
FINANCIAL_SERVICES
Contract term
One CD for 8 months at 4.10%, one for 9 months at 4.15%, one for 12 months at 4.2%, starting 2026-07-22
Renewal date
2027-07-22
Renewal
Renewal of three existing CDs with new terms: 8 months at 4.10%, 9 months at 4.15%, and 12 months at 4.2%, effective at maturity on 2026-07-22.
Document type
Minutes
Source document
Town Board Minutes July 16, 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 Thompson?

National Bank of Commerce was awarded this financial services contract by Town of Thompson, as recorded on July 16, 2026. The contract value is Three CDs of $113,738.98 each, renewed at 4.10%, 4.15%, and 4.2%.

How much is the National Bank of Commerce contract with Town of Thompson worth?

The National Bank of Commerce contract with Town of Thompson is valued at Three CDs of $113,738.98 each, renewed at 4.10%, 4.15%, and 4.2%, 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 Board Minutes July 16, 2026 (Minutes), dated July 16, 2026 from Town of Thompson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does National Bank of Commerce hold?

National Bank of Commerce 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 National Bank of Commerce's profile

What is Town of Thompson currently buying?

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

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