Richland Township Board of Trustees Meeting Agenda Packet May 2026
Township Maintains Savings with Consumers Credit Union
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Description
Richland Township holds pooled savings and fire fund balances at Consumers Credit Union as part of its investment strategy, earning interest rates up to 3.24%. These accounts support liquidity for township operations and reserves.
Contract Details
Vendor
CONSUMERS CREDIT UNION
Agency
Town of Richland, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Ongoing pooled savings accounts with rates up to 3.24%
Renewal Info
Savings and money market accounts continue until closed or moved; no fixed renewal date applies.
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