Clyde Township Treasurers Report April 2026
Township renews CDs with Flagstar Bank
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Description
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.
Contract Details
Contract Amount
$286,309.61; $161,842.40
Vendor
FLAGSTAR BANK
Agency
Town of Clyde, MI
Contract Type
FINANCIAL_SERVICES
Document Date
April 8, 2026
Contract Term
CD 143840636 - 01/09/26 - 90 days at 3.77% (renewed); CD 609925514623 - 11/17 - 149 days at 3.9% (renewed)
Renewal Info
CD 143840636 renewed for a 90‑day term starting 01/09/26 at 3.77%; CD 609925514623 renewed for a 149‑day term at 3.9%. Specific next renewal or maturity handling is not detailed.
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