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FINANCIAL_SERVICESAPPROVED

INVERNESS FOREST IMPROVEMENT DISTRICT Awards Financial Services Contract to Central Bank (June 2026)

The Board authorized reinvestment of a maturing certificate of deposit into a new one-year CD with Central Bank, continuing its banking relationship for District surplus funds. Terms such as rate and principal were not detailed in the minutes.

Status
APPROVED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Central Bank
Agency
INVERNESS FOREST IMPROVEMENT DISTRICT · TX

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
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Derivita logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
One-year certificate of deposit term beginning June 22, 2026
Renewal date
2027-06-22
Renewal
Existing certificate of deposit maturing June 22, 2026 will roll into a new one-year CD at Central Bank; future renewal options will be considered at the next maturity.
Document type
Minutes
Source document
Inverness Forest Improvement District Minutes 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by INVERNESS FOREST IMPROVEMENT DISTRICT?

Central Bank was awarded this financial services contract by INVERNESS FOREST IMPROVEMENT DISTRICT, as recorded on June 16, 2026.

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 Inverness Forest Improvement District Minutes 2026-06-16 (Minutes), dated June 16, 2026 from INVERNESS FOREST IMPROVEMENT DISTRICT. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Central Bank hold?

Central 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 Central Bank's profile

What is INVERNESS FOREST IMPROVEMENT DISTRICT currently buying?

Explore INVERNESS FOREST IMPROVEMENT DISTRICT's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View INVERNESS FOREST IMPROVEMENT DISTRICT's profile

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