The Hamburg Township Investment Committee informed the township board Tuesday of several initial changes its made over the past two weeks to the township’s investments.
The first round of changes involved reinvesting approximately $2 million of the township’s $19 million in total investments.
In some cases, the changes in investment strategy will improve interest rates by up to a full percent. The investment committee will continue to examine the township’s investments, including whether or not to retain National City Bank as the township’s “primary” bank ‹ National City Bank holds $7.5 million of the township’s investments.





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