CONTRACTONGOING

IPS Investment CD with Flagstar Bank Matures 2026

Indianapolis Public Schools logoIndianapolis Public Schools
Document date
Mar 6, 2026
Term
03/21/2024 – 03/21/2026

The 30-second brief

What it covers

Indianapolis Public Schools maintains a $10 million certificate of deposit with Flagstar Bank at 5.090% APY, running from March 21, 2024 to March 21, 2026. Interest on this CD is recognized at maturity.

Who holds it

Flagstar Bank holds this financial services contract with Indianapolis Public Schools. Its other public contracts on record include work for Town of Norvell and Frank Liu Jr Academy For Music & Arts.

What happens next

Term as filed: 03/21/2024 – 03/21/2026.

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Contract details

Contract type
Financial Services
Document date
March 6, 2026
Term
03/21/2024 – 03/21/2026
Source document
Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-03-06 (Report)

Flagstar Bank's other public contracts

More Indianapolis Public Schools contracts

Questions about this contract

Who was awarded the financial services contract by Indianapolis Public Schools?

Flagstar Bank was awarded this financial services contract by Indianapolis Public Schools, as recorded on March 6, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-03-06 (Report), dated March 6, 2026 from Indianapolis Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Flagstar Bank hold?

Flagstar Bank 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 Indianapolis Public Schools currently buying?

Explore Indianapolis Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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