FINANCIAL_SERVICESAPPROVED

Town of Washburn Awards Financial Services Contract to Farmers Security Bank (August 2026)

The City Commission will approve a pledge of securities from Farmers Security Bank to secure municipal deposits, formalizing the bank’s collateral arrangement for city funds.

Status
APPROVED
Document date
August 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Farmers Security Bank
Agency
Town of Washburn · ND

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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 type
FINANCIAL_SERVICES
Contract term
Pledge of securities term per banking agreement in 2026
Renewal
Pledge is ongoing and subject to periodic review or adjustment under the city’s depository agreements.
Document type
Agenda
Source document
Washburn City Commission Agenda 2026-08-10

Frequently asked questions

Common questions about this contract, answered from the record.

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

Farmers Security Bank was awarded this financial services contract by Town of Washburn, as recorded on August 8, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Washburn City Commission Agenda 2026-08-10 (Agenda), dated August 8, 2026 from Town of Washburn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers Security Bank hold?

Farmers Security 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 Farmers Security Bank's profile

What is Town of Washburn currently buying?

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

View Town of Washburn's profile

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