FINANCIAL_SERVICESONGOING

Water Utility Uses Farmer's Bank & Trust MMA

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.

Status
ONGOING
Document date
September 30, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Farmer's Bank & Trust
Agency
City of Texarkana · TX

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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
$6,868,519
Contract type
FINANCIAL_SERVICES
Contract term
Matures 10/01/2025 (MMA balance as of 09/30/2025)
Renewal
Ongoing depository relationship for Water Utility funds.
Document type
Report
Source document
City of Texarkana Quarterly Investment Report September 2025

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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 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.

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.

View Farmer's Bank & Trust's 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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