City of Sachse Finance Department Investment Report March 2026
City Maintains Deposits with American National Bank of Texas
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Description
The City of Sachse maintains checking and money market accounts with American National Bank of Texas for pooled investment and operational purposes. As of December 31, 2025, the city held $2,735,659 in checking and $507,041 in money market deposits with this institution.
Contract Details
Contract Amount
$2,735,659 (Checking), $507,041 (Money Market)
Vendor
AMERICAN NATIONAL BANK OF TEXAS
Agency
City of Sachse city, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 2, 2026
Contract Term
Quarter ending December 31, 2025
Renewal Info
Bank accounts are ongoing until closed or transferred; reviewed as part of investment strategy annually.
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