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FINANCIAL_SERVICESDISCUSSED

Spurr Township Board Meeting Minutes February 2026

Township Shifts CD Funds From Flagstar Bank

Town of SpurrFLAGSTAR BANKFebruary 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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.

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