FINANCIAL_SERVICESAPPROVED

City of Robert Lee Awards Financial Services Contract to 1st National Bank of Ballinger (March 2026)

The City of Robert Lee Council approved investing $285,000 across various city funds into Certificates of Deposit at 1st National Bank of Ballinger for 3, 5, and 9 month terms.

Status
APPROVED
Document date
March 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
1st National Bank of Ballinger
Agency
City of Robert Lee · 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
$50,000 (3-month CD), $150,000 (5-month CD), $55,000 (9-month CD)
Contract type
FINANCIAL_SERVICES
Contract term
3 months, 5 months, 9 months
Renewal date
2026-12-23
Renewal
Non-renewing fixed-term CD investments; renewals to be considered at maturity dates.
Document type
Minutes
Source document
City of Robert Lee Minutes Regular City Council Meeting 2026-03-23

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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 Robert Lee?

1st National Bank of Ballinger was awarded this financial services contract by City of Robert Lee, as recorded on March 23, 2026. The contract value is $50,000 (3-month CD), $150,000 (5-month CD), $55,000 (9-month CD).

How much is the 1st National Bank of Ballinger contract with City of Robert Lee worth?

The 1st National Bank of Ballinger contract with City of Robert Lee is valued at $50,000 (3-month CD), $150,000 (5-month CD), $55,000 (9-month CD), 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 City of Robert Lee Minutes Regular City Council Meeting 2026-03-23 (Minutes), dated March 23, 2026 from City of Robert Lee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 1st National Bank of Ballinger hold?

1st National Bank of Ballinger 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 1st National Bank of Ballinger's profile

What is City of Robert Lee currently buying?

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

View City of Robert Lee's profile

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