Ellington Township Board Meeting Minutes February 2026
Township invests $200K CD with North Star Bank
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Description
Ellington Township Board approved investing $200,000 from the general fund into a 365-day certificate of deposit with North Star bank. The action is intended to manage township cash reserves while earning interest.
Contract Details
Contract Amount
$200,000
Vendor
NORTH STAR BANK
Agency
Town of Ellington, MI
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Contract Term
365-day CD
Renewal Info
Single 365-day certificate of deposit; renewal or rollover after maturity not specified in the minutes.
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