Township Shifts CD Funds From Flagstar Bank
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Description
Spurr Township reported cashing out Road, Public Improvement, and Sanitation CDs held at Flagstar Bank, with funds to be transferred into a new Reich and Tang investment account. This reflects a change in the township’s banking and investment arrangements.
Contract Details
Vendor
FLAGSTAR BANK
Agency
Town of Spurr, MI
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Renewal Info
Existing CD placements with Flagstar Bank were liquidated; future renewals will occur under the new Reich and Tang investment arrangement instead of Flagstar.
More from FLAGSTAR BANK
More from Town of Spurr
Spurr Township Board Meeting Minutes February 2026
Spurr Township Board Meeting Minutes February 2026
Spurr Township Board Meeting Minutes February 2026
Spurr Township Board Meeting Minutes February 2026
Spurr Township Board Meeting Minutes February 2026
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