Letter of Credit Secures County Deposits Through TIB Bank
Carson CountyCounty · TX- Disclosed value
- Up to $2,000,000.00
- From report
- Document date
- Nov 9, 2026
The 30-second brief
Carson County is secured by an irrevocable standby letter of credit arranged through TIB Bank Dallas, with Federal Home Loan Bank of Dallas providing up to $2 million in collateral backing for deposits held at State National Bank. The letter of credit is effective June 2, 2025 and expires November 14, 2025.
Tib Bank Dallas holds this financial services contract with Carson County.
Term as filed: Effective June 02, 2025 – Expires November 14, 2025.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $2,000,000.00
- Document date
- November 9, 2026
- Term
- Effective June 02, 2025 – Expires November 14, 2025
- Vendor
- Tib Bank Dallas
- Agency
- Carson County
- Source document
- Carson County Report Quarterly Treasurer's Investment Report 2026-11-09 (Report)
More Carson County contracts
Questions about this contract
Who was awarded the financial services contract by Carson County?
Tib Bank Dallas was awarded this financial services contract by Carson County, as recorded on November 9, 2026. The contract value is Up to $2,000,000.00.
How much is the Tib Bank Dallas contract with Carson County worth?
The Tib Bank Dallas contract with Carson County is valued at Up to $2,000,000.00, 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 Carson County Report Quarterly Treasurer's Investment Report 2026-11-09 (Report), dated November 9, 2026 from Carson County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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