CONTRACTAPPROVED

City of Houston Lake Awards Financial Services Contract to Bank of Houston (April 2025)

City of Houston Lake logoCity of Houston Lake
Approved
Apr 7, 2025
Term
Nine months at 4.31 percent interest

The 30-second brief

What it covers

The Houston City Council approved rolling over nine existing certificates of deposit with the Bank of Houston for a nine-month term at an interest rate of 4.31 percent. The action maintains the city's investment relationship with the bank, though specific balances were not detailed.

Who holds it

Bank of Houston holds this financial services contract with City of Houston Lake. Its other public contracts on record include work for Harris County Mud 396 and Harris County Mud 397.

What happens next

Term as filed: Nine months at 4.31 percent interest.

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Contract details

Contract type
Financial Services
Document date
April 7, 2025
Term
Nine months at 4.31 percent interest
Source document
city-of-houston-lake-meeting-minutes-2025-04-07_6ee.pdf (Meeting Minutes)

Bank of Houston's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Houston Lake?

Bank of Houston was awarded this financial services contract by City of Houston Lake, as recorded on April 7, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-houston-lake-meeting-minutes-2025-04-07_6ee.pdf (Meeting Minutes), dated April 7, 2025 from City of Houston Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Houston hold?

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

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What is City of Houston Lake currently buying?

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

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