Fort Bend County Municipal Utility District No. 81 Board of Directors Meeting Minutes February 2026
District Holds $230,000 CD with Wallis State Bank
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Description
Fort Bend County Municipal Utility District No. 81 maintains a $230,000 time deposit with Wallis State Bank at 4.15% interest, maturing March 31, 2026, as part of its debt service fund investments. This CD supports the District’s liquidity and interest income for bond obligations.
Contract Details
Contract Amount
$230,000 time deposit @ 4.15%
Vendor
WALLIS STATE BANK
Agency
Fort Bend County Mud 81, TX
Contract Type
FINANCIAL_SERVICES
Document Date
February 3, 2026
Contract Term
03/31/2025 – 03/31/2026
Renewal Date
2026-03-31
Renewal Info
Single 1‑year time deposit maturing 2026‑03‑31; may be rolled over or redeemed at maturity.
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