FINANCIAL_SERVICESONGOING

Township Manages CDs With Shelby State Bank

Sherman Township continues its banking relationship with Shelby State Bank, where a new certificate of deposit was opened and existing CD maturities were reviewed. The Treasurer also plans to liquidate a cemetery CD and transfer proceeds to the perpetual care account.

Status
ONGOING
Document date
April 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Shelby State Bank
Agency
Town of Sherman · 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
Renewal
CDs renew or mature per bank terms; specific renewal dates and options are held with the bank but not detailed in the minutes.
Document type
Minutes
Source document
Sherman Township Meeting Minutes 2026-04-21

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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 Sherman?

Shelby State Bank was awarded this financial services contract by Town of Sherman, as recorded on April 21, 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 Sherman Township Meeting Minutes 2026-04-21 (Minutes), dated April 21, 2026 from Town of Sherman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Shelby State Bank hold?

Shelby State 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 Shelby State Bank's profile

What is Town of Sherman currently buying?

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

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