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Flagstar delivers financial services to over 400 Michigan public sector clients including municipalities, school districts, community colleges, state and local authorities, and various others. Our Government Banking team understands the unique financial demands of the public sector and offers a wide range of accounts1 and products to help government entities maximize efficiency, reduce costs, and manage cash flow.
Take advantage of the convenience of a checking account with the interest-earning power of a savings account.
Automatically sweep funds beyond your specified target balance from the Government Checking account to a compliant Flagstar designated fund.
Get the security of FDIC insurance on multi-million-dollar CDS with CDARS, the Certificate of Deposit Registry Service.
Open a savings account where the higher the balance you maintain, the higher the interest you can earn (up to a maximum amount).
Lock in a guaranteed rate for a specific time. A CD is a favorable way for government entities to invest.
Take a look at our extensive list of products designed to help monitor, manage, and protect your organization's cash position.
1All Flagstar public sector accounts are compliant with the required acts for government organizations.