FINANCIAL_SERVICESONGOING

City Maintains Secured Deposits at American National Bank

The City of Parker maintains operating, reserve, and certificate of deposit accounts with American National Bank totaling $3.29 million as of June 30, 2026. Deposits are secured by pledged securities at 179.18% of the balance, consistent with the City’s investment strategy and state public funds requirements.

Status
ONGOING
Document date
June 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
American National Bank
Agency
City of Parker · 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
$3,285,257.15 on deposit (various accounts)
Contract type
FINANCIAL_SERVICES
Renewal
Ongoing depository and CD arrangements; specific maturity dates are provided for individual CDs but no overarching depository contract end date is stated.
Document type
Report
Source document
City of Parker Quarterly Investment Report 2026-06-30

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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 Parker?

American National Bank was awarded this financial services contract by City of Parker, as recorded on June 30, 2026. The contract value is $3,285,257.15 on deposit (various accounts).

How much is the American National Bank contract with City of Parker worth?

The American National Bank contract with City of Parker is valued at $3,285,257.15 on deposit (various accounts), 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 Parker Quarterly Investment Report 2026-06-30 (Report), dated June 30, 2026 from City of Parker. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American National Bank hold?

American National 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 American National Bank's profile

What is City of Parker currently buying?

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

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