City Deposits in TexPool Double Monthly Interest Earnings
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Description
The City of Grey Forest now invests funds in TexPool, generating roughly $4,000 in interest in the first full month—about twice the earnings of its previous banking program. The arrangement is expected to significantly increase long-term investment income for the city.
Contract Details
Vendor
TEXPOOL
Agency
City of Grey Forest, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Renewal Info
TexPool participation is ongoing as a public funds investment pool; no specific term or renewal date is provided.
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