CONTRACTONGOING

City Maintains Depository Accounts With FGB Bank

City of Ferris city logoCity of Ferris city
Document date
Sep 30, 2025
Term
October 1, 2024 – September 30, 2025

The 30-second brief

What it covers

The City of Ferris maintains depository and interest-bearing accounts at FGB during FY 2025, earning interest at an average yield of 4.40%. Bank accounts support day-to-day cash management and portfolio liquidity.

Who holds it

Bank (Fgb) holds this financial services contract with City of Ferris city. Its other public contracts on record include work for Housing Authority of Ferris.

What happens next

Term as filed: October 1, 2024 – September 30, 2025.

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Contract details

Contract type
Financial Services
Document date
September 30, 2025
Term
October 1, 2024 – September 30, 2025
Vendor
Bank (Fgb)
Source document
City of Ferris Texas Portfolio Investment Report 2025-09-30 (Report)

Bank (Fgb)'s other public contracts

More City of Ferris city contracts

Questions about this contract

Who was awarded the financial services contract by City of Ferris city?

Bank (Fgb) was awarded this financial services contract by City of Ferris city, as recorded on September 30, 2025.

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 City of Ferris Texas Portfolio Investment Report 2025-09-30 (Report), dated September 30, 2025 from City of Ferris city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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