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Working Capital CD Held With Veritex Bank

Red Lion Area SD logoRed Lion Area SD
Disclosed value
$248,000.00
From report
Document date
Mar 31, 2022

The 30-second brief

What it covers

The district holds a $248,000 CD with Veritex at 0.051% interest from August 27, 2021 through August 29, 2022. This investment supports the district’s Working Capital strategy.

Who holds it

VERITEX holds this financial services contract with Red Lion Area SD. Its other public contracts on record include work for Ace Leadership High School and Magnolia Pointe Mud 1.

What happens next

Term as filed: August 27, 2021 – August 29, 2022 (367 days).

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Contract details

Contract type
Financial Services
Amount
$248,000.00
Document date
March 31, 2022
Term
August 27, 2021 – August 29, 2022 (367 days)
Vendor
VERITEX
Agency
Red Lion Area SD
Source document
red-lion-area-sd-report-2022-03-31_8d7.pdf (Report)

VERITEX's other public contracts

Ace Leadership High School, New MexicoBoard Renews Veritex Business Manager Contract · Jun 24, 2026Magnolia Pointe Mud 1, TexasDistrict Holds $245K Veritex CD at 4.15 Percent · Feb 2, 2026$245KPonderosa Forest Utility District, TexasDistrict Transfers CD Previously Held at Veritex · Nov 20, 2025UndisclosedTHE LAKES FWSD OF DENTON COUNTY, TexasDistrict Reports Veritex Road Debt CD · Mar 18, 2025$450KTHE LAKES FWSD OF DENTON COUNTY, TexasDistrict Reports $800,000 Veritex Debt Service CD · Feb 25, 2025$800KAll VERITEX contractsVendor profile

More Red Lion Area SD contracts

INTEGRAONEDistrict Plans Network Assessment Agreement With IntegraOne · Oct 12, 2026UndisclosedWickersham Construction & Engineering IncDistrict Plans Storefront Change Order With Wickersham · Oct 12, 2026UndisclosedKrapf Bus CompanyDistrict Plans Approval Of Krapf Bus Company Drivers · Oct 12, 2026UndisclosedRed Lion BoroughDistrict Plans School Zone Sign MOU With Borough · Oct 12, 2026UndisclosedTailored Real Estate LLCDistrict Plans Two-Year Sponsorship With Tailored Real Estate · Oct 12, 2026UndisclosedAll Red Lion Area SD activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Red Lion Area SD?

VERITEX was awarded this financial services contract by Red Lion Area SD, as recorded on March 31, 2022. The contract value is $248,000.00.

How much is the VERITEX contract with Red Lion Area SD worth?

The VERITEX contract with Red Lion Area SD is valued at $248,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in red-lion-area-sd-report-2022-03-31_8d7.pdf (Report), dated March 31, 2022 from Red Lion Area SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VERITEX hold?

VERITEX may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Red Lion Area SD currently buying?

Explore Red Lion Area SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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