Jefferson Bank Returns Compared to New TexPool Strategy

City officials noted that the previous depository relationship with Jefferson Bank would have generated roughly half the interest now earned through TexPool. The comparison underscores the financial impact of the City’s new investment strategy.

Document date · May 26, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Prior banking arrangement referenced for comparison; no renewal action described.

Document type

Agenda

Source document

City of Grey Forest Agenda 2026-05-26

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Grey Forest?

Jefferson Bank was awarded this financial services contract by City of Grey Forest, as recorded on May 26, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Grey Forest Agenda 2026-05-26 (Agenda), dated May 26, 2026 from City of Grey Forest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jefferson Bank hold?

Jefferson 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 Jefferson Bank's profile

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