FINANCIAL_SERVICESAPPROVED

Renaissance Charter School 2 (The) Awards Financial Services Contract to FLAGSTAR (March 2026)

The Renaissance Charter School 2 Board approved using the Flagstar ICF program to distribute school funds across multiple FDIC-insured bank accounts via a centralized portal. The program structures deposits in $250,000 increments per account while maintaining liquidity and interest earnings with no withdrawal penalties.

Status
APPROVED
Document date
March 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
FLAGSTAR
Agency
Renaissance Charter School 2 (The) · NY

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Funds will be automatically redistributed when individual accounts reach the $250,000 FDIC insurance threshold; no fixed end date or penalties for withdrawal were described.
Document type
Minutes
Source document
The Renaissance Charter School 2 Board of Trustees Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Renaissance Charter School 2 (The)?

FLAGSTAR was awarded this financial services contract by Renaissance Charter School 2 (The), as recorded on March 4, 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 The Renaissance Charter School 2 Board of Trustees Meeting Minutes March 2026 (Minutes), dated March 4, 2026 from Renaissance Charter School 2 (The). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does FLAGSTAR hold?

FLAGSTAR may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Renaissance Charter School 2 (The) currently buying?

Explore Renaissance Charter School 2 (The)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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