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FINANCIAL_SERVICESAPPROVED

Lake Templene Improvement Board Minutes 2026-05-07

LTIB Funds Transferred to Southern Michigan Bank & Trust

Town of Balance of NottawaSOUTHERN MICHIGAN BANK & TRUSTMay 7, 2026

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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

Description

Lake Templene Improvement Board approved the opening of a community checking account and a 27-month CD with Southern Michigan Bank & Trust, transferring funds from the County Treasurer office. Two signatories are required for all transactions.

Contract Details

Vendor

SOUTHERN MICHIGAN BANK & TRUST

Agency

Town of Balance of Nottawa, MI

Contract Type

FINANCIAL_SERVICES

Document Date

May 7, 2026

Contract Term

27-month certificate of deposit; duration of community investment checking account ongoing

Renewal Info

Community investment checking account is ongoing, certificate of deposit term is 27 months.

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