State of Louisiana Financial Institutions Approved as State Depositories Report 2023-2027
Red River Bank Alexandria Named Depository
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Description
The State of Louisiana approved Red River Bank in Alexandria as a state depository and fiscal agent for July 1, 2023 through June 30, 2027. The bank is authorized to receive and manage state funds.
Contract Details
Vendor
RED RIVER BANK
Agency
Louisiana Division of Administration, LA
Contract Type
FINANCIAL_SERVICES
Document Date
July 1, 2023
Contract Term
July 1, 2023 – June 30, 2027
Renewal Date
2027-06-30
Renewal Info
Four-year depository approval is effective until June 30, 2027; future involvement requires renewal.
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