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FINANCIAL_SERVICESAPPROVED

Town of Wadena Awards Financial Services Contract to Wadena State Bank (July 2026)

The City Council approved closing and reassigning its main checking account with Wadena State Bank after recent fraudulent ACH transactions and a 30-day closure notice from the bank. City staff will update vendor ACH and other outgoing payment details to reflect the new account.

Document date · July 14, 2026

Issuing agencyTown of WadenaVendorWadena State Bank

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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 type
FINANCIAL_SERVICES
Renewal
Account closure and reassignment pursuant to the bank's account agreement and future resolution on security response procedures.
Document type
Minutes
Source document
City of Wadena Minutes Regular City Council Meeting 2026-07-14

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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 Wadena?

Wadena State Bank was awarded this financial services contract by Town of Wadena, as recorded on July 14, 2026.

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 City of Wadena Minutes Regular City Council Meeting 2026-07-14 (Minutes), dated July 14, 2026 from Town of Wadena. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wadena State Bank hold?

Wadena 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 Wadena State Bank's profile

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