FINANCIAL_SERVICESAPPROVED

Town of Springdale Awards Financial Services Contract to Honor Bank (July 2026)

Springdale Township Board approved reinvestment of three existing certificates of deposit with Honor Bank at a 3.7% interest rate. The action continues the township’s banking relationship and maintains short-term investment of township funds.

Status
APPROVED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Honor Bank
Agency
Town of Springdale · MI

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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
91-day certificates of deposit at 3.7% interest
Renewal
Reinvestment of three 91-day CDs; these instruments will mature again in 91 days at the approved 3.7% rate unless changed by future board action.
Document type
Minutes
Source document
Springdale Township Regular Board Meeting Minutes 2026-07-13

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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 Springdale?

Honor Bank was awarded this financial services contract by Town of Springdale, as recorded on July 13, 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 Springdale Township Regular Board Meeting Minutes 2026-07-13 (Minutes), dated July 13, 2026 from Town of Springdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Honor Bank hold?

Honor 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 Honor Bank's profile

What is Town of Springdale currently buying?

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

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