FINANCIAL_SERVICESAMENDED

City Transfers Veterans Memorial Fund CD From Vera Bank

Florence City Council voted to transfer Veterans Memorial Fund CD assets out of Vera Bank into Texas CLASS, altering the city’s investment relationship with Vera Bank. The action reallocates those funds to a different investment vehicle.

Status
AMENDED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Vera Bank
Agency
City of Florence · TX

Trusted by teams at

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
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
Existing CD or deposit relationship is being reduced or closed for the Veterans Memorial Fund as funds move to Texas CLASS; no explicit renewal terms stated.
Document type
Minutes
Source document
City of Florence Regular Meeting Minutes 2026-07-13

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Florence?

Vera Bank was awarded this financial services contract by City of Florence, as recorded on July 13, 2026.

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 Florence Regular Meeting Minutes 2026-07-13 (Minutes), dated July 13, 2026 from City of Florence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vera Bank hold?

Vera 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 Vera Bank's profile

What is City of Florence currently buying?

Explore City of Florence's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Florence's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free