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FINANCIAL_SERVICESAPPROVED

Newfield Central School District Board of Education Meeting Agenda 2026-05-21

Flagstar Approved as Additional Bank Depository

Newfield Central School DistrictFLAGSTARMay 21, 2026

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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

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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