FINANCIAL_SERVICESAPPROVED

Ponderosa Forest Utility District Awards $250,000 Financial Services Contract to Third Coast Bank (May 2026)

Ponderosa Forest Utility District approved the purchase of a $250,000 Certificate of Deposit from Third Coast Bank for a 180-day term at a 3.80% interest rate. The action was listed in the bookkeeper's report and passed unanimously by the board.

Status
APPROVED
Document date
May 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Third Coast Bank
Agency
Ponderosa Forest Utility District · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$250,000.00
Contract type
FINANCIAL_SERVICES
Contract term
180 days
Renewal date
2026-11-17
Renewal
Investment is for a 180-day term; renewal subject to future board actions.
Document type
Minutes
Source document
Ponderosa Forest Utility District Minutes of Meeting of Board of Directors 2026-05-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Ponderosa Forest Utility District?

Third Coast Bank was awarded this financial services contract by Ponderosa Forest Utility District, as recorded on May 21, 2026. The contract value is $250,000.00.

How much is the Third Coast Bank contract with Ponderosa Forest Utility District worth?

The Third Coast Bank contract with Ponderosa Forest Utility District is valued at $250,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Ponderosa Forest Utility District Minutes of Meeting of Board of Directors 2026-05-21 (Minutes), dated May 21, 2026 from Ponderosa Forest Utility District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Third Coast Bank hold?

Third Coast 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.

View Third Coast Bank's profile

What is Ponderosa Forest Utility District currently buying?

Explore Ponderosa Forest Utility District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Ponderosa Forest Utility District's profile

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