Southwest Michigan Regional Airport Authority Board Meeting Minutes 2026-06-18
Airport Renews 6-Month CD with Flagstar Bank
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Description
The Southwest Michigan Regional Airport Authority Board approved reinvesting a matured certificate of deposit into a new 6‑month CD with Flagstar Bank. The action maintains the airport’s funds with its existing banking provider for a short-term investment period.
Contract Details
Vendor
FLAGSTAR BANK
Agency
Southwest Michigan Regional Airport Authority, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 18, 2026
Contract Term
6-month CD
Renewal Info
Board chose to reinvest a matured CD into a new 6‑month certificate of deposit with Flagstar Bank; no additional renewal options were discussed.
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