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City of Marion Awards Financial Services Contract to FSB (December 2022)

City of Marion logoCity of Marion
Disclosed value
$1,000,000 CD at 3%
From minutes
Approved
Dec 13, 2022
Term
13 months

The 30-second brief

What it covers

The Marion Water Board received information that staff purchased a $1 million certificate of deposit from FSB at 3% interest for a 13‑month term. This investment is part of the utility’s cash and reserve management strategy.

Who holds it

FSB holds this financial services contract with City of Marion. Its other public contracts on record include work for Housing Authority of the city of Norman and Athens Independent School District.

What happens next

Term as filed: 13 months.

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Contract details

Contract type
Financial Services
Amount
$1,000,000 CD at 3%
Document date
December 13, 2022
Term
13 months
Vendor
FSB
Agency
City of Marion
Source document
marion_water_board_minutes_december_13_2022.pdf (Minutes)

FSB's other public contracts

Housing Authority of the city of Norman, OklahomaNorman Housing Hub Design Contract Approved · Oct 1, 2026$107.3KAthens Independent School District, TexasAthens ISD Reports FSB Money Market Balance · Sep 30, 2026$31.9MCity of Oklahoma, OklahomaArchitectural Services with FSB Set for Board Action · Sep 29, 2026UndisclosedHaskell Memorial Hospital, TexasBoard to Review UC IGT Bridge Loan with FSB · Jul 30, 2026UndisclosedHaskell Memorial Hospital, TexasHospital Board Expands Line of Credit with FSB · Jul 14, 2026$2.3MAll FSB contractsVendor profile

More City of Marion contracts

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Questions about this contract

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

FSB was awarded this financial services contract by City of Marion, as recorded on December 13, 2022. The contract value is $1,000,000 CD at 3%.

How much is the FSB contract with City of Marion worth?

The FSB contract with City of Marion is valued at $1,000,000 CD at 3%, covering financial services work.

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 marion_water_board_minutes_december_13_2022.pdf (Minutes), dated December 13, 2022 from City of Marion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FSB hold?

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

What is City of Marion currently buying?

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

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