FINANCIAL_SERVICESONGOING

District holds $10.8M CD with Gulf Coast Educators FCU

Carrollton-Farmers Branch ISD invested $10.83 million of General Fund cash in a 4.15% certificate of deposit with Gulf Coast Educators Federal Credit Union maturing on April 10, 2026. The CD generated significant interest income for the district during the December 2025 to February 2026 reporting period.

Document date · February 28, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$10,830,657.91
Contract type
FINANCIAL_SERVICES
Contract term
Maturity date April 10, 2026
Renewal date
2026-04-10
Renewal
Single fixed-maturity certificate of deposit with no stated renewal option described; potential renewal or rollover would occur at or before the April 10, 2026 maturity.
Document type
Report
Source document
Carrollton-Farmers Branch ISD Investment Report Feb 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Carrollton-Farmers Branch Independent School District?

Gulf Coast Educators Fcu was awarded this financial services contract by Carrollton-Farmers Branch Independent School District, as recorded on February 28, 2026. The contract value is $10,830,657.91.

How much is the Gulf Coast Educators Fcu contract with Carrollton-Farmers Branch Independent School District worth?

The Gulf Coast Educators Fcu contract with Carrollton-Farmers Branch Independent School District is valued at $10,830,657.91, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Carrollton-Farmers Branch ISD Investment Report Feb 2026 (Report), dated February 28, 2026 from Carrollton-Farmers Branch Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gulf Coast Educators Fcu hold?

Gulf Coast Educators Fcu may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Carrollton-Farmers Branch Independent School District currently buying?

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