Sherman Township Board Meeting Minutes March 2026
Township Updates CDs with Shelby State Bank
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Description
Sherman Township maintains multiple certificates of deposit with Shelby State Bank and plans to reinvest a maturing CD and create a new three-month CD for $27,000. These actions reflect ongoing banking and investment services with the institution.
Contract Details
Vendor
SHELBY STATE BANK
Agency
Town of Sherman, MI
Contract Type
FINANCIAL_SERVICES
Document Date
March 26, 2026
Renewal Date
2026-05-22
Renewal Info
One existing CD maturing May 22, 2026 will be allowed to roll over, and a new three-month CD for $27,000 will be opened; detailed renewal terms are not provided.
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