Investment in Honor Credit Union
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Description
Board approves investing $500,000 in Honor Credit Union CD. The board approved the investment of $500,000 from the General Account into five $100,000.00, 8-month CDs at Honor Credit Union, with an interest rate of 4.07%.
Contract Details
Contract Amount
NA
Vendor
HONOR CREDIT UNION
Agency
Town of Pipestone, MI
Contract Type
Investment
Document Date
October 8, 2025
Contract Term
8 months
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pipestone-city-council-regular-meeting-agenda-august-4-2025_d3b.pdf
pipestone-township-board-minutes-july-9-2025_82c.pdf
pipestone-city-council-regular-meeting-agenda-financial-engineering-updates-jul-7-2025_8b7.pdf
pipestone-city-council-regular-meeting-agenda-financial-engineering-updates-jul-7-2025_8b7.pdf
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