Richland Township Board of Trustees Meeting Agenda Packet May 2026
Township Uses First National for Investments, Training
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Description
Richland Township maintains multiple deposit and CD investment accounts with First National, including an 18‑month CD maturing in September 2027. First National also delivered a fraud prevention training session to township officials in April.
Contract Details
Vendor
FIRST NATIONAL
Agency
Town of Richland, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Various interest-bearing accounts and CDs with terms including an 18-month CD maturing 9/30/2027
Renewal Date
2027-09-30
Renewal Info
CDs will require rollover or reinvestment decisions at maturity on 2027-09-30; savings accounts are ongoing with no fixed renewal.
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