FINANCIAL_SERVICESDISCUSSED

Red River CD Proceeds Redirected to LAMP

DeSoto Fire District #2 discussed the upcoming maturity of its Red River CDs on June 18, 2025 and decided to move the proceeds into a LAMP investment account. The district will seek higher-yield opportunities rather than renewing with Red River at current terms.

Status
DISCUSSED
Document date
June 10, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Red River
Agency
Desoto Fire District #1 · LA

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal date
2025-06-18
Renewal
CDs maturing 2025-06-18 are not being renewed; proceeds are to be transferred to a LAMP investment account.
Document type
Minutes
Source document
desoto-fire-district-2-public-meeting-minutes-june-10-2025_360.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Desoto Fire District #1?

Red River was awarded this financial services contract by Desoto Fire District #1, as recorded on June 10, 2025.

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 desoto-fire-district-2-public-meeting-minutes-june-10-2025_360.pdf (Minutes), dated June 10, 2025 from Desoto Fire District #1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Red River hold?

Red River 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 Desoto Fire District #1 currently buying?

Explore Desoto Fire District #1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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