FINANCIAL_SERVICESONGOING

District Invests $200K in 6-Month CD at Sage Bank

Luling ISD maintains a $200,000 six-month certificate of deposit with Sage Bank at 3.75% interest, maturing November 18, 2026. The investment supports short-term earnings on surplus district funds.

Status
ONGOING
Document date
June 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Sage Bank
Agency
Luling Independent School District · 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
$200,000.00
Contract type
FINANCIAL_SERVICES
Contract term
6 month certificate of deposit, maturing 11/18/2026
Renewal date
2026-11-18
Renewal
Upon maturity on 2026-11-18, the district may renew, roll over, or redeem the certificate in accordance with its investment policy and board direction.
Document type
Report
Source document
Luling Independent School District Business Office Report Cash Position Report by Bank Account and Investments 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Luling Independent School District?

Sage Bank was awarded this financial services contract by Luling Independent School District, as recorded on June 22, 2026. The contract value is $200,000.00.

How much is the Sage Bank contract with Luling Independent School District worth?

The Sage Bank contract with Luling Independent School District is valued at $200,000.00, 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 Luling Independent School District Business Office Report Cash Position Report by Bank Account and Investments 2026-06-22 (Report), dated June 22, 2026 from Luling Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sage Bank hold?

Sage 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.

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What is Luling Independent School District currently buying?

Explore Luling Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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