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CONTRACTRENEWED
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Township renews CDs with Flagstar Bank

Town of Clyde
Disclosed value
$286,309.61; $161,842.40
From report
Document date
Apr 8, 2026

The 30-second brief

What it covers

Clyde Township renewed two certificates of deposit with Flagstar Bank totaling approximately $448,152 at interest rates of 3.77% and 3.9%. The renewed CDs provide short‑term investment returns on township funds.

Who holds it

Flagstar Bank holds this financial services contract with Town of Clyde. Its other public contracts on record include work for Kalamazoo Library District and Suburban Library Cooperative.

What happens next

Term as filed: CD 143840636 - 01/09/26 - 90 days at 3.77% (renewed); CD 609925514623 - 11/17 - 149 days at 3.9% (renewed).

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Contract details

Contract type
Financial Services
Amount
$286,309.61; $161,842.40
Document date
April 8, 2026
Term
CD 143840636 - 01/09/26 - 90 days at 3.77% (renewed); CD 609925514623 - 11/17 - 149 days at 3.9% (renewed)
Vendor
Flagstar Bank
Agency
Town of Clyde
Source document
Clyde Township Treasurers Report April 2026 (Report)

Flagstar Bank's other public contracts

Kalamazoo Library District, MichiganLibrary Maintains Banking Accounts With Flagstar Bank · Oct 23, 2026UndisclosedSuburban Library Cooperative, MichiganSigner Change Planned for Flagstar Bank Account · Oct 22, 2026UndisclosedTown of Norvell, MichiganNorvell Pays Flagstar for Microsoft Licensing · Oct 19, 2026$1.6KTown of Ida, MichiganIda Township Places Bond Funds With Flagstar Bank · Oct 6, 2026UndisclosedVictor Valley Union High, CaliforniaFlagstar Bank ASB Account Signers Considered · Oct 1, 2026UndisclosedAll Flagstar Bank contractsVendor profile

More Town of Clyde contracts

Consumers Credit UnionTownship maintains CDs with Consumers Credit Union · Apr 8, 2026Huntington Money MarketTownship funds held in Huntington Money Market account · Apr 8, 2026$387.7KValley TownshipPayment for February 2026 fire protection services · Apr 8, 2026$500West Michigan Community BankCertificate of deposit with West Michigan Community Bank · Apr 8, 2026$254.4KClyde Township Tax AccountFebruary Tax Collections Moved to Tax Account · Mar 11, 2026$121.4KAll Town of Clyde activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Clyde?

Flagstar Bank was awarded this financial services contract by Town of Clyde, as recorded on April 8, 2026. The contract value is $286,309.61; $161,842.40.

How much is the Flagstar Bank contract with Town of Clyde worth?

The Flagstar Bank contract with Town of Clyde is valued at $286,309.61; $161,842.40, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Clyde Township Treasurers Report April 2026 (Report), dated April 8, 2026 from Town of Clyde. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Flagstar Bank hold?

Flagstar 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.

What is Town of Clyde currently buying?

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

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