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City of Durant Awards $16,000,000 Financial Services Contract to First United Bank & Trust Company (August 2025)

City of Durant
Disclosed value
$16,000,000.00
From resolution
Approved
Aug 12, 2025
Term
Until Note is paid in full

The 30-second brief

What it covers

Durant City Utilities Authority authorized to issue $16,000,000 Utility System and Sales Tax Revenue Note, Series 2025A, with First United Bank and Trust Company as Trustee.

Who holds it

First United Bank & Trust Company holds this financial services contract with City of Durant. Its other public contracts on record include work for Bethany Public Schools and Denton County.

What happens next

Term as filed: Until Note is paid in full.

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Contract details

Contract type
Financial Services
Amount
$16,000,000.00
Document date
August 12, 2025
Term
Until Note is paid in full
Vendor
First United Bank & Trust Company
Agency
City of Durant
Source document
city-of-durant-resolution-r-2025-10-approval-of-indebtedness_79a.pdf (Resolution)

First United Bank & Trust Company's other public contracts

Bethany Public Schools, OklahomaBethany Awards Bond Sale to First United Bank · Sep 8, 2026$950KDenton County, TexasFirst United Bank & Trust Co. awarded $4.36K trustee fees · Mar 1, 2026$4.4KCity of Highland Haven, TexasCity Administrator Granted Online Banking Access at First United Bank · Feb 17, 2026UndisclosedWewoka Public Schools, OklahomaRelease of Wewoka logo to First United Bank · Nov 10, 2025UndisclosedSapulpa Public Schools, OklahomaDistrict Awards $9.91M Bond Sale to First United · Sep 4, 2025All First United Bank & Trust Company contractsVendor profile

More City of Durant contracts

INDIVIORDurant approves participation in opioid settlements. · Oct 14, 2025UndisclosedZydus PharmaceuticalsDurant approves participation in opioid settlements. · Oct 14, 2025UndisclosedAPOTEXDurant approves participation in opioid settlements. · Oct 14, 2025UndisclosedMylan PharmaceuticalsDurant approves participation in opioid settlements. · Oct 14, 2025UndisclosedJennifer WilcoxJennifer Wilcox considered for Authority Board Secretary · Oct 14, 2025UndisclosedAll City of Durant activityAgency profile

Questions about this contract

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

First United Bank & Trust Company was awarded this financial services contract by City of Durant, as recorded on August 12, 2025. The contract value is $16,000,000.00.

How much is the First United Bank & Trust Company contract with City of Durant worth?

The First United Bank & Trust Company contract with City of Durant is valued at $16,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-durant-resolution-r-2025-10-approval-of-indebtedness_79a.pdf (Resolution), dated August 12, 2025 from City of Durant. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First United Bank & Trust Company hold?

First United Bank & Trust Company 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 Durant currently buying?

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

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