Flagstar Approved as Additional Bank Depository
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Description
The Board is being asked to approve Flagstar as an additional bank depository for district funds for the 2025-26 school year. Flagstar will offer CDs and investment accounts for various district funds and will be used when its rates and products best fit the district's investment needs.
Contract Details
Vendor
FLAGSTAR
Agency
Newfield Central School District, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
2025-26 school year, with potential future use as needed
Renewal Date
2026-06-30
Renewal Info
Annual designation as an authorized bank depository; must be reapproved each fiscal year to continue holding district funds.
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Newfield Central School District Agenda Board of Education Meeting 2026-06-18
Newfield Central School District Board of Education Meeting Agenda 2026-05-21
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