Mancelona Public School Board Minutes January 2026
District Places $1M in 4Front Money Market
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Description
Mancelona Public Schools invested $1,000,000 in a fully FDIC-insured money market account with 4Front Credit Union at 3.8%. The investment provides liquidity and strong returns while supporting a local financial institution.
Contract Details
Contract Amount
$1,000,000
Vendor
4FRONT CREDIT UNION
Agency
Mancelona Public Schools, MI
Contract Type
FINANCIAL_SERVICES
Document Date
January 13, 2026
Contract Term
Fully FDIC-insured money market at 3.8% (term not specified)
Renewal Info
Ongoing money market arrangement; specific maturity or review dates are not stated.
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