CONTRACTONGOING

Preferred Bank Grows County C.D. Funds

Disclosed value: $2,593.65 interest earned quarter; $245,394.68 ending balance, 4.20% rate, matures 9/17/26; From report
Document date: Sep 30, 2025
Term: C.D. matures September 17, 2026

What it covers

Preferred Bank holds $245,395 in county C.D. funds at a 4.20% rate until September 2026.

Who holds it

Preferred Bank holds this financial services contract with Burnet County. Its other public contracts on record include work for Burnet Consolidated ISD and Mundelein ESD 75.

What happens next

Term as filed: C.D. matures September 17, 2026.

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Contract details

Contract type: Financial Services
Amount: $2,593.65 interest earned quarter; $245,394.68 ending balance, 4.20% rate, matures 9/17/26
Document date: September 30, 2025
Term: C.D. matures September 17, 2026
Vendor: Preferred Bank
Agency: Burnet County
Source document: Burnet County Quarterly Investment Report 4th Quarter FY 2024-2025 (Report)

Preferred Bank's other public contracts

Burnet Consolidated ISD, TexasPreferred Bank Certificate of Deposit Held · Sep 30, 2026$240K Mundelein ESD 75, IllinoisDistrict Reports Preferred Bank Certificate Of Deposit · Sep 21, 2026$243.1K City of Alhambra, CaliforniaCity Holds CD Investment with Preferred Bank · Aug 24, 2026 Town of Colton, New YorkPreferred Bank FDIC‑Insured Deposits for NYCLASS · Aug 1, 2026$54M Town of Colton, New YorkPreferred Bank Holds $54M in NYCLASS FDIC Deposits · Jul 1, 2026$54M All Preferred Bank contractsVendor profile

More Burnet County contracts

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Questions about this contract

Who was awarded the financial services contract by Burnet County?

Preferred Bank was awarded this financial services contract by Burnet County, as recorded on September 30, 2025. The contract value is $2,593.65 interest earned quarter; $245,394.68 ending balance, 4.20% rate, matures 9/17/26.

How much is the Preferred Bank contract with Burnet County worth?

The Preferred Bank contract with Burnet County is valued at $2,593.65 interest earned quarter; $245,394.68 ending balance, 4.20% rate, matures 9/17/26, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Burnet County Quarterly Investment Report 4th Quarter FY 2024-2025 (Report), dated September 30, 2025 from Burnet County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Preferred Bank hold?

Preferred 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.

What is Burnet County currently buying?

Explore Burnet County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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