City of Grey Forest Report Guajolote Ranch Oversight Committee and City Investment Official 2026-05-26
City Previously Used Jefferson Bank Investment Program
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Description
The report references Jefferson Bank as the city’s prior banking and investment program provider, which generated lower interest earnings compared to the current TexPool investments. This indicates a historical financial services relationship that has been replaced to improve returns on city funds.
Contract Details
Vendor
JEFFERSON BANK
Agency
City of Grey Forest, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Renewal Info
Prior banking/investment arrangement appears to have been replaced by TexPool and TexPool Prime; no renewals are anticipated.
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