fort_bend_county_municipal_utility_district_no_128.pdf
Veritex Community Bank CD in investment ladder
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Description
Fort Bend County MUD No. 128 invested $235,000 in a Veritex Community Bank certificate of deposit at 5.15% interest, maturing June 29, 2025. The deposit is part of the District’s laddered investment strategy.
Contract Details
Contract Amount
$235,000.00
Vendor
VERITEX COMMUNITY BANK
Agency
Fort Bend County Mud 128, TX
Contract Type
FINANCIAL_SERVICES
Document Date
October 27, 2025
Contract Term
Certificate of deposit from 07/02/2024 to 06/29/2025 at 5.15%
Renewal Date
2025-06-29
Renewal Info
CD may be renewed or rolled over at maturity on June 29, 2025.
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