FINANCIAL_SERVICESONGOING

Board Adjusts CD Strategy With First Financial Bank

Moran ISD’s board authorized interim superintendent Ryan McElroy to negotiate interest rates on an existing Certificate of Deposit with First Financial Bank, with potential transfer of half the funds to Lone Star if the rate is not matched. The district will retain $500,000 in a CD at First Financial Bank and may move $500,000 to a Lone Star account depending on the bank’s response.

Status
ONGOING
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Financial Bank
Agency
Moran ISD · 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
$500,000.00 retained in Certificate of Deposit (with potential transfer of $500,000.00 to Lone Star account if rate not matched)
Contract type
FINANCIAL_SERVICES
Renewal
Automatic renewal of existing Certificate of Deposit was under consideration; renewal is contingent on rate comparison with Lone Star and may result in partial transfer of funds while retaining a CD at First Financial Bank.
Document type
Minutes
Source document
Moran Independent School District Minutes Regular Board Meeting 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Moran ISD?

First Financial Bank was awarded this financial services contract by Moran ISD, as recorded on July 20, 2026. The contract value is $500,000.00 retained in Certificate of Deposit (with potential transfer of $500,000.00 to Lone Star account if rate not matched).

How much is the First Financial Bank contract with Moran ISD worth?

The First Financial Bank contract with Moran ISD is valued at $500,000.00 retained in Certificate of Deposit (with potential transfer of $500,000.00 to Lone Star account if rate not matched), 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 Moran Independent School District Minutes Regular Board Meeting 2026-07-20 (Minutes), dated July 20, 2026 from Moran ISD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Financial Bank hold?

First Financial 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 Financial Bank's profile

What is Moran ISD currently buying?

Explore Moran ISD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Moran ISD's profile

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