FINANCIAL_SERVICESAPPROVED

Town of Columbus Awards Financial Services Contract to Eastern Michigan Bank (June 2026)

Columbus Township Board authorized opening new CDs at Eastern Michigan Bank using about $54,000 from a maturing Northstar account and $150,000 from another maturing Northstar CD. The moves diversify township investments across institutions.

Status
APPROVED
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Eastern Michigan Bank
Agency
Town of Columbus · MI

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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 amount
Approximately $54,000 initial CD plus $150,000 additional CD
Contract type
FINANCIAL_SERVICES
Contract term
New CDs funded after maturities on 7/13/26 and 8/30/26
Renewal date
2026-08-30
Renewal
Two new CDs will be opened with Eastern Michigan Bank using proceeds from Northstar accounts maturing on 2026-07-13 and 2026-08-30; specific CD terms and renewal options were not stated.
Document type
Minutes
Source document
Columbus Township Minutes June 9, 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 Columbus?

Eastern Michigan Bank was awarded this financial services contract by Town of Columbus, as recorded on June 9, 2026. The contract value is Approximately $54,000 initial CD plus $150,000 additional CD.

How much is the Eastern Michigan Bank contract with Town of Columbus worth?

The Eastern Michigan Bank contract with Town of Columbus is valued at Approximately $54,000 initial CD plus $150,000 additional CD, covering financial services work.

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 Columbus Township Minutes June 9, 2026 (Minutes), dated June 9, 2026 from Town of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eastern Michigan Bank hold?

Eastern Michigan 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 Eastern Michigan Bank's profile

What is Town of Columbus currently buying?

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

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