FINANCIAL_SERVICESAPPROVED

Desoto County Sheriff's Office Awards $25,000,000 Financial Services Contract to Renasant Bank (August 2026)

DeSoto County authorized moving its $25 million Renasant Bank CD into the bank's REPO account when the CD matures on August 31, 2026. The REPO account was earning 3.75% APY.

Document date · August 17, 2026

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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
$25,000,000
Contract type
FINANCIAL_SERVICES
Contract term
CD maturity on August 31, 2026; REPO account earning 3.75% APY
Renewal date
2026-08-31
Renewal
The CD matures August 31, 2026; funds are to be moved into the Renasant REPO account rather than renewed as a CD.
Document type
Minutes
Source document
Desoto County Minutes Board Meeting August 17, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Desoto County Sheriff's Office?

Renasant Bank was awarded this financial services contract by Desoto County Sheriff's Office, as recorded on August 17, 2026. The contract value is $25,000,000.

How much is the Renasant Bank contract with Desoto County Sheriff's Office worth?

The Renasant Bank contract with Desoto County Sheriff's Office is valued at $25,000,000, 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 Desoto County Minutes Board Meeting August 17, 2026 (Minutes), dated August 17, 2026 from Desoto County Sheriff's Office. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Renasant Bank hold?

Renasant 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.

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