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Isanti council approves one‑year banking contract with Falcon, new finance director begins
Summary
Council approved a one‑year contract with Falcon for banking services to allow the newly hired finance director to settle in and further evaluate investment options; staff estimated about 50 hours of implementation work and cited about $9 million in average deposits.
The Isanti City Council approved a one‑year contract with Falcon for banking and depository services, allowing the newly hired finance director, Nick Soulberg, time to evaluate long‑term investment options.
Soulberg, in his first meeting, told council an initial transition would likely take about 50 staff hours and that…
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