FINANCIAL_SERVICESONGOING

City Transitioning Banking to Prosperity Bank

The City of Tool is transitioning its banking relationship from Simmons Bank to Prosperity Bank, with new accounts already open and funds to be moved in the coming weeks. This change will govern how city funds are held and managed.

Status
ONGOING
Document date
August 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Prosperity Bank
Agency
City of Tool · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Initial depository relationship being established; renewals or term extensions will likely follow standard bank depository agreements and may be subject to future council action.
Document type
AgendaPacket
Source document
City of Tool Regular Council Meeting Agenda Packet 2026-08-20

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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 Tool?

Prosperity Bank was awarded this financial services contract by City of Tool, as recorded on August 20, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Tool Regular Council Meeting Agenda Packet 2026-08-20 (AgendaPacket), dated August 20, 2026 from City of Tool. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Prosperity Bank hold?

Prosperity 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.

View Prosperity Bank's profile

What is City of Tool currently buying?

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

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