City Bank Accounts Transition from First Guaranty

First Guaranty Bank has agreed to have its Texas locations acquired by Armstrong Bank effective July 31, 2026. The City of Watauga’s primary operating and related accounts at First Guaranty will be transitioned to Armstrong Bank as part of this acquisition.

Document date · August 10, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Transition effective July 31, 2026; ongoing banking relationship prior to acquisition

Renewal

Existing depository and banking services relationship with First Guaranty Bank will effectively be transferred to Armstrong Bank upon acquisition on 2026-07-31.

Document type

Agenda

Source document

Watauga City Council Agenda 2026-08-10

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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 Watauga?

First Guaranty Bank was awarded this financial services contract by City of Watauga, as recorded on August 10, 2026.

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 Watauga City Council Agenda 2026-08-10 (Agenda), dated August 10, 2026 from City of Watauga. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Guaranty Bank hold?

First Guaranty 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 First Guaranty Bank's profile

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