Authority approves CD investment with Flagstar
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Description
The Airport Authority authorized opening a $250,000 certificate of deposit at Flagstar, contingent on securing favorable interest rates. This investment is part of a broader strategy to diversify deposits within FDIC insurance limits.
Contract Details
Contract Amount
$250,000.00 CD (planned)
Vendor
FLAGSTAR
Agency
Southwest Michigan Regional Airport Authority, MI
Contract Type
FINANCIAL_SERVICES
Document Date
November 20, 2025
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