FINANCIAL_SERVICESRENEWED

Town Renews CD with North Shore Bank of Commerce

The Town of Thomson renewed a $120,109.83 certificate of deposit with North Shore Bank of Commerce for nine months at 4.25% interest starting August 22, 2026. The action maintains the town’s investment with its existing banking partner.

Status
RENEWED
Document date
August 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
North Shore Bank of Commerce
Agency
Town of Thomson · 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
$120,109.83 (principal); renewed CD for 9 months at 4.25% interest
Contract type
FINANCIAL_SERVICES
Contract term
9 months from August 22, 2026
Renewal date
2027-05-22
Renewal
CD renewed for a 9‑month term at 4.25% interest beginning on the August 22, 2026 maturity date; future renewal options not specified.
Document type
AgendaPacket
Source document
Town of Thomson AgendaPacket Meeting Agenda and Financials 2026-08-20

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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 Thomson?

North Shore Bank of Commerce was awarded this financial services contract by Town of Thomson, as recorded on August 20, 2026. The contract value is $120,109.83 (principal); renewed CD for 9 months at 4.25% interest.

How much is the North Shore Bank of Commerce contract with Town of Thomson worth?

The North Shore Bank of Commerce contract with Town of Thomson is valued at $120,109.83 (principal); renewed CD for 9 months at 4.25% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Thomson AgendaPacket Meeting Agenda and Financials 2026-08-20 (AgendaPacket), dated August 20, 2026 from Town of Thomson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does North Shore Bank of Commerce hold?

North Shore 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 North Shore Bank of Commerce's profile

What is Town of Thomson currently buying?

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

View Town of Thomson's profile

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