Richland Township Board of Trustees Meeting Agenda Packet May 2026
Sturgis CD Supports Fire Capital Investments
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Description
Richland Township invested Fire Capital Fund reserves in a 9‑month CD at Sturgis at 3.85%, maturing September 25, 2026. This CD supports the township’s laddered investment approach for fire capital needs.
Contract Details
Vendor
STURGIS
Agency
Town of Richland, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
9‑month CD for Fire Capital Fund maturing 9/25/2026 at 3.85%
Renewal Date
2026-09-25
Renewal Info
The 9‑month CD will mature on 2026-09-25 and may be renewed or reallocated at that time.
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Richland Township Board of Trustees Meeting Agenda Packet May 2026
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