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City of Red Lick Awards Financial Services Contract to Ozk Bank (February 2026)

City of Red Lick
Disclosed value
$50,000 principal; 4.0% for 6 months
From minutes
Approved
Feb 12, 2026
Term
6-month CD at 4.0% interest

The 30-second brief

What it covers

The City of Red Lick approved opening a 6‑month, 4.0% certificate of deposit at OZK Bank using $50,000 from its Guaranty Bank general fund account. The move diversifies deposits and secures a higher yield on city funds.

Who holds it

Ozk Bank holds this financial services contract with City of Red Lick. Its other public contracts on record include work for City of Byram and Crisp County.

What happens next

Term as filed: 6-month CD at 4.0% interest.

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Contract details

Contract type
Financial Services
Amount
$50,000 principal; 4.0% for 6 months
Document date
February 12, 2026
Term
6-month CD at 4.0% interest
Vendor
Ozk Bank
Agency
City of Red Lick
Source document
City of Red Lick Minutes Feb 12, 2026 (Minutes)

Ozk Bank's other public contracts

City of Byram, MississippiByram Approves OZK Bank Lease for Police SUVs · Aug 27, 2026City of Byram, MississippiByram Approves OZK Bank Lease for Police Vehicles · Aug 27, 2026City of Byram, MississippiOZK Bank financing for three police Ford Explorers · Aug 13, 2026City of Byram, MississippiByram Approves OZK Bank Lease for Police Vehicles · Aug 13, 2026Crisp County, GeorgiaCounty Approves D6 Dozier Lease With OZK Bank · Jun 9, 2026UndisclosedAll Ozk Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Red Lick?

Ozk Bank was awarded this financial services contract by City of Red Lick, as recorded on February 12, 2026. The contract value is $50,000 principal; 4.0% for 6 months.

How much is the Ozk Bank contract with City of Red Lick worth?

The Ozk Bank contract with City of Red Lick is valued at $50,000 principal; 4.0% for 6 months, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Red Lick Minutes Feb 12, 2026 (Minutes), dated February 12, 2026 from City of Red Lick. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ozk Bank hold?

Ozk 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.

What is City of Red Lick currently buying?

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

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