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Water Utility Uses Farmer's Bank & Trust MMA

City of Texarkana logoCity of Texarkana
Disclosed value
$6,868,519
From report
Document date
Sep 30, 2025

The 30-second brief

What it covers

Texarkana Water Utility maintains $6.87 million in a Farmer's Bank & Trust money market account earning 3.04% at quarter end. This account supports Water Utility liquidity needs.

Who holds it

Farmer's Bank & Trust holds this financial services contract with City of Texarkana. Its other public contracts on record include work for Kinsley-Offerle Unified School District 347 and Collin County.

What happens next

Term as filed: Matures 10/01/2025 (MMA balance as of 09/30/2025).

See who signed off on this $6.9M contract.

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Contract details

Contract type
Financial Services
Amount
$6,868,519
Document date
September 30, 2025
Term
Matures 10/01/2025 (MMA balance as of 09/30/2025)
Vendor
Farmer's Bank & Trust
Agency
City of Texarkana
Source document
City of Texarkana Quarterly Investment Report September 2025 (Report)

Farmer's Bank & Trust's other public contracts

Kinsley-Offerle Unified School District 347, KansasDistrict Funds Designated to Farmer's Bank & Trust · Jul 13, 2026UndisclosedCollin County, TexasCollin County Reports $69.9 Million with Farmer's Bank · Jun 30, 2026Cossatot Community College Of The University Of Arkansas, ArkansasUA Cossatot Maintains Accounts With Farmer's Bank · May 4, 2026$4,457,?Collin County, TexasFarmer's Bank & Trust CD Engagement Continues · Mar 31, 2026UndisclosedCity of Oberlin, KansasFarmer’s Bank & Trust Chosen as Depository · Jan 8, 2026UndisclosedAll Farmer's Bank & Trust contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Texarkana?

Farmer's Bank & Trust was awarded this financial services contract by City of Texarkana, as recorded on September 30, 2025. The contract value is $6,868,519.

How much is the Farmer's Bank & Trust contract with City of Texarkana worth?

The Farmer's Bank & Trust contract with City of Texarkana is valued at $6,868,519, 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 Texarkana Quarterly Investment Report September 2025 (Report), dated September 30, 2025 from City of Texarkana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Farmer's Bank & Trust hold?

Farmer's Bank & Trust 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 City of Texarkana currently buying?

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

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