FINANCIAL_SERVICESAPPROVED

Town of Sagola Awards Financial Services Contract to Northern Interstate Bank (May 2026)

Sagola Township approved transferring a COVantage CD and savings totaling over $246,000 to Northern Interstate Bank for a 12‑month investment at 3.55% interest. The action reallocates township funds to a new banking institution.

Status
APPROVED
Document date
May 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Northern Interstate Bank
Agency
Town of Sagola · MI

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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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
12 months at 3.55%
Renewal
CD established for a 12‑month term at 3.55%; renewal or rollover options not specified.
Document type
Minutes
Source document
Sagola Township Board Regular Meeting Minutes May 4 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Northern Interstate Bank was awarded this financial services contract by Town of Sagola, as recorded on May 4, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Sagola Township Board Regular Meeting Minutes May 4 2026 (Minutes), dated May 4, 2026 from Town of Sagola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northern Interstate Bank hold?

Northern Interstate 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.

View Northern Interstate Bank's profile

What is Town of Sagola currently buying?

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

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