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Town of Wakefield Awards Financial Services Contract to Falcon Bank (August 2026)

Town of Wakefield
Disclosed value
$220,000 at a rate of 3.85%
From minutes
Approved
Aug 6, 2026
Term
Six months

The 30-second brief

What it covers

Wakefield Township approved reinvestment of $220,000 with Falcon Bank for six months at an interest rate of 3.85%. The transaction concerns the township’s maturing certificate of deposit.

Who holds it

Falcon Bank holds this financial services contract with Town of Wakefield. Its other public contracts on record include work for City of Paynesville and Laredo College.

What happens next

Term as filed: Six months.

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Contract details

Contract type
Financial Services
Amount
$220,000 at a rate of 3.85%
Document date
August 6, 2026
Term
Six months
Vendor
Falcon Bank
Agency
Town of Wakefield
Source document
Wakefield Township Minutes Board Meeting August 6, 2026 (Minutes)

Falcon Bank's other public contracts

City of Paynesville, MinnesotaFalcon Bank Loan Discussed for Library Financing · Oct 21, 2026Laredo College, TexasFalcon Bank Selected as College Depository Institution · Jun 25, 2026UndisclosedCity of Rockville, MinnesotaCity to Establish New Account at Falcon Bank · Jun 10, 2026UndisclosedTown of Wakefield, Minnesota$220,000 CD Reinvestment Approved at Falcon Bank · Feb 5, 2026$220KCity of Richmond, MinnesotaCity Approves Positive Pay Services and CD at Falcon Bank · Feb 4, 2026UndisclosedAll Falcon Bank contractsVendor profile

More Town of Wakefield contracts

Marco TechnologiesWakefield Township Recommends Marco Copier Buyout · Nov 5, 2026Knife River, North CentralRoad Project Payment Recommended for Knife River · Nov 5, 2026$251.9KWsb IncWSB to Provide Township Road Project Engineering Update · Sep 27, 2026UndisclosedKnife River North CentralKnife River Change Order Recommended for 3rd Avenue Project · Sep 27, 2026UndisclosedCold Spring Fire DepartmentCold Spring Fire Department Contract Recommended for Approval · Sep 27, 2026UndisclosedAll Town of Wakefield activityAgency profile

Questions about this contract

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

Falcon Bank was awarded this financial services contract by Town of Wakefield, as recorded on August 6, 2026. The contract value is $220,000 at a rate of 3.85%.

How much is the Falcon Bank contract with Town of Wakefield worth?

The Falcon Bank contract with Town of Wakefield is valued at $220,000 at a rate of 3.85%, 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 Wakefield Township Minutes Board Meeting August 6, 2026 (Minutes), dated August 6, 2026 from Town of Wakefield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Falcon Bank hold?

Falcon 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 Wakefield currently buying?

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

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