City weighing consolidated bank account at local bank

The City of Tom Bean will consider consolidating its General Fund and Water Fund bank accounts into a single cash account at The First National Bank of Tom Bean. The agenda item restructures the City's banking arrangement without specifying fees or contract term.

Document date · November 10, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Agenda suggests continuation and restructuring of existing banking services into a consolidated cash account; specific renewal or contract terms are not provided.

Document type

Agenda

Source document

City of Tom Bean Agenda Regular Session 2025-11-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Tom Bean?

First National Bank of Tom Bean was awarded this financial services contract by City of Tom Bean, as recorded on November 10, 2025.

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 Tom Bean Agenda Regular Session 2025-11-10 (Agenda), dated November 10, 2025 from City of Tom Bean. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank of Tom Bean hold?

First National Bank of Tom Bean 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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