FINANCIAL_SERVICESONGOING

Lakeway CD with Southstar Bank nears July 2026 maturity

The City of Lakeway maintains a 12‑month General Fund CD with Southstar Bank at a 3.94% rate, with $256,066 deposited. The investment’s market value is $276,243 as of June 30, 2026, and it matures on July 30, 2026.

Status
ONGOING
Document date
July 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Southstar Bank
Agency
City of Lakeway · 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
$256,066 certificate of deposit at 3.94% (market value $276,243 as of 06/30/26)
Contract type
FINANCIAL_SERVICES
Contract term
12‑month CD maturing 07/30/2026
Renewal date
2026-07-30
Renewal
CD scheduled to mature on 2026-07-30; renewal or reinvestment decisions will be made by the City at or before maturity.
Document type
AgendaPacket
Source document
City of Lakeway AgendaPacket 2026-07-20

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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 Lakeway?

Southstar Bank was awarded this financial services contract by City of Lakeway, as recorded on July 17, 2026. The contract value is $256,066 certificate of deposit at 3.94% (market value $276,243 as of 06/30/26).

How much is the Southstar Bank contract with City of Lakeway worth?

The Southstar Bank contract with City of Lakeway is valued at $256,066 certificate of deposit at 3.94% (market value $276,243 as of 06/30/26), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Lakeway AgendaPacket 2026-07-20 (AgendaPacket), dated July 17, 2026 from City of Lakeway. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Southstar Bank hold?

Southstar 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.

View Southstar Bank's profile

What is City of Lakeway currently buying?

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

View City of Lakeway's profile

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