city_of_richland_council_meeting_minutes_january_2.pdf
Council Approves 4% CD Investments with Incommons Bank
Trusted by teams at
Description
The Richland City Council approved investing General, Tax, Water, and Debt Fund CDs with Incommons Bank at a 4% interest rate for a six‑month term. Officials noted that competing banks offered lower rates, prompting selection of Incommons Bank.
Contract Details
Vendor
INCOMMONS BANK
Agency
Town of Richland, TX
Contract Type
FINANCIAL_SERVICES
Document Date
January 14, 2025
Contract Term
6 months
Renewal Info
Initial six‑month CD placement at 4% interest; future renewal or rollover decisions were not specified in the minutes.
More from INCOMMONS BANK
Related Contracts
bistone_municipal_water_supply_district_special_me.pdf
PENDINGrichland_regular_council_meeting_minutes_september.pdf
approvedmexia-isd-regular-meeting-minutes-july-21-2025_8a8.pdf
NAcity_of_richland_council_meeting_minutes_february.pdf
APPROVEDcity_of_richland_regular_council_meeting_agenda_fe.pdf
PENDINGMore from Town of Richland
City of Richland Emergency Called Meeting Minutes March 2026
City of Richland Regular Council Meeting Agenda February 2026
City of Richland Regular Council Meeting Agenda February 2026
City of Richland Regular Council Meeting Agenda February 2026
City of Richland Council Meeting Minutes February 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.