City Shifts Majority of Accounts to New First Bank

The City of Brookshire has transferred 13 bank accounts to New First Bank as part of its banking relationship realignment. The accounts, including money market funds, are reported to be performing well while the city evaluates its long-term banking partner.

Document date · June 5, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Future council decision will formalize whether New First Bank remains the primary depository once audits are complete.

Document type

Minutes

Source document

city-of-brookshire-city-council-meeting-minutes-june-5-2025_64c.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 City of Brookshire?

New First Bank was awarded this financial services contract by City of Brookshire, as recorded on June 5, 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 city-of-brookshire-city-council-meeting-minutes-june-5-2025_64c.pdf (Minutes), dated June 5, 2025 from City of Brookshire. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New First Bank hold?

New First Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View New First Bank's profile

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