CONTRACTEXTENDED

City Weighs Final Extension With Woodforest Bank

City of Magnolia
Document date
Aug 11, 2020

The 30-second brief

What it covers

The Magnolia City Council will consider extending its Depository Agreement with Woodforest National Bank for a final term through October 31, 2021. The item also notes that a future RFP for banking and depository services will be required after this extension ends.

Who holds it

Woodforest National Bank holds this financial services contract with City of Magnolia. Its other public contracts on record include work for Thrive Center For Success and Fort Bend County Mud 131.

What happens next

Term as filed: Until October 31, 2021 (last and final year of agreement).

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Contract details

Contract type
Financial Services
Document date
August 11, 2020
Term
Until October 31, 2021 (last and final year of agreement)
Source document
city_of_magnolia_regular_city_council_meeting_agen.pdf (Agenda)

Woodforest National Bank's other public contracts

More City of Magnolia contracts

Questions about this contract

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

Woodforest National Bank was awarded this financial services contract by City of Magnolia, as recorded on August 11, 2020.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_magnolia_regular_city_council_meeting_agen.pdf (Agenda), dated August 11, 2020 from City of Magnolia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Woodforest National Bank hold?

Woodforest National 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.

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What is City of Magnolia currently buying?

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

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