FINANCIAL_SERVICESRECOMMENDED

Depository Services Award Recommended To American National Bank

Wilmer staff recommend awarding a five-year primary depository services contract to American National Bank of Texas, following a competitive process that yielded five proposals. The award is projected to generate a net income of $2,193,980 to the City over the contract term, with the City Administrator authorized to execute the agreement under Resolution R2026-0820A.

Status
RECOMMENDED
Document date
August 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
American National Bank of Texas
Agency
City of Wilmer · 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 amount
Net income to City projected at $2,193,980 over five-year term
Contract type
FINANCIAL_SERVICES
Contract term
Five-year term, starting October 1, 2026 (after current contract ends September 30, 2026)
Renewal date
2031-09-30
Renewal
The new depository contract is planned for a five-year term in accordance with Texas Local Government Code Chapter 105, replacing the current five-year contract that ends September 30, 2026. Future renewals would be subject to re-solicitation at least every five years as required by statute.
Document type
Agenda
Source document
City of Wilmer Agenda Regular Meeting 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 Wilmer?

American National Bank of Texas was awarded this financial services contract by City of Wilmer, as recorded on August 20, 2026. The contract value is Net income to City projected at $2,193,980 over five-year term.

How much is the American National Bank of Texas contract with City of Wilmer worth?

The American National Bank of Texas contract with City of Wilmer is valued at Net income to City projected at $2,193,980 over five-year term, covering financial services work.

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 Wilmer Agenda Regular Meeting 2026-08-20 (Agenda), dated August 20, 2026 from City of Wilmer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American National Bank of Texas hold?

American National Bank of Texas 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 American National Bank of Texas's profile

What is City of Wilmer currently buying?

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

View City of Wilmer's profile

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