FINANCIAL_SERVICESONGOING

City Funds Held In Farmer's Bank & Trust MMA

The City of Texarkana maintains $22.18 million of City Funds in a money market account at Farmer's Bank & Trust earning 3.04% as of September 30, 2025. This reflects an ongoing depository and investment relationship with the bank.

Status
ONGOING
Document date
September 30, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Farmer's Bank & Trust
Agency
City of Texarkana · 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
$22,179,078
Contract type
FINANCIAL_SERVICES
Contract term
Matures 10/01/2025 (MMA balance as of 09/30/2025)
Renewal
Deposit account continues until funds are withdrawn or account is closed per bank depository agreement.
Document type
Report
Source document
City of Texarkana Quarterly Investment Report September 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Texarkana?

Farmer's Bank & Trust was awarded this financial services contract by City of Texarkana, as recorded on September 30, 2025. The contract value is $22,179,078.

How much is the Farmer's Bank & Trust contract with City of Texarkana worth?

The Farmer's Bank & Trust contract with City of Texarkana is valued at $22,179,078, covering financial services work.

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 City of Texarkana Quarterly Investment Report September 2025 (Report), dated September 30, 2025 from City of Texarkana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmer's Bank & Trust hold?

Farmer's Bank & Trust 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 Farmer's Bank & Trust's profile

What is City of Texarkana currently buying?

Explore City of Texarkana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Texarkana's profile

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