City of Golinda city Awards Financial Services Contract to Fidelity Bank of Robinson (July 2026)

The City of Golinda City Council approved the purchase of a $100,000 certificate of deposit from Fidelity Bank of Robinson at 3.85% interest for a seven-month term. The funds are being reallocated from the general operating account and designated as a Building Fund reserve. This action establishes a dedicated capital reserve investment for future city needs.

Document date · July 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$100K CD at 3.85% interest

Contract type

FINANCIAL_SERVICES

Contract term

7-month term starting July 14, 2026

Renewal date

2027-02-14

Renewal

CD has a fixed 7-month term; renewal or rollover terms are not specified in the minutes. Council may decide near maturity whether to renew, redeem, or reallocate the funds.

Document type

Minutes

Source document

City of Golinda City Council Meeting Minutes 2026-07-14

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City of Golinda City Council Meeting Minutes 2026-07-14

APPROVED

City of Golinda city, Texas$100KJul 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Fidelity Bank of Robinson was awarded this financial services contract by City of Golinda city, as recorded on July 14, 2026. The contract value is $100K CD at 3.85% interest.

How much is the Fidelity Bank of Robinson contract with City of Golinda city worth?

The Fidelity Bank of Robinson contract with City of Golinda city is valued at $100K CD at 3.85% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Golinda City Council Meeting Minutes 2026-07-14 (Minutes), dated July 14, 2026 from City of Golinda city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fidelity Bank of Robinson hold?

Fidelity Bank of Robinson 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 Fidelity Bank of Robinson's profile

What is City of Golinda city currently buying?

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

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