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Library Retains CD Investment With Horizon Bank

Salado Public Library District logoSalado Public Library District
Document date
May 28, 2026

The 30-second brief

What it covers

The Salado Public Library District Board agreed to retain its existing certificate of deposit with Horizon Bank and authorized leadership to negotiate a new interest rate when the CD matures on June 21, 2026. This action maintains the library’s banking relationship and investment position while allowing terms to be updated.

Who holds it

Horizon Bank holds this financial services contract with Salado Public Library District. Its other public contracts on record include work for Salado Independent School District and City of Springfield.

What happens next

Term as filed: Certificate of Deposit maturing 6/21/2026; to be renegotiated prior to next regular meeting.

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Contract details

Contract type
Financial Services
Document date
May 28, 2026
Term
Certificate of Deposit maturing 6/21/2026; to be renegotiated prior to next regular meeting
Vendor
Horizon Bank
Agency
Salado Public Library District
Source document
Salado Public Library District Board of Trustees Minutes 2026-05-28 (Minutes)

Horizon Bank's other public contracts

Salado Independent School District, TexasSalado ISD Seeks Two-Year Horizon Bank Extension · Oct 12, 2026UndisclosedCity of Springfield, NebraskaSpringfield Designates Horizon Bank as City Depository · Oct 6, 2026UndisclosedCity of Waverly, NebraskaWaverly Approves Horizon Bank ACH Fee · Sep 22, 2026$10Salado village, TexasSalado Declines Horizon Bank Signatory Change · Sep 16, 2026UndisclosedShoreham village, MichiganShoreham Approves Horizon Bank Fee · Sep 16, 2026$60.2All Horizon Bank contractsVendor profile

More Salado Public Library District contracts

West, Davis, & CompanyLibrary Approves West Davis as FY27 Auditor · Aug 24, 2026Undisclosed720 DesignBoard Reviews Expansion Plans From 720 Design · May 28, 2026Undisclosed720 DesignBoard Receives Update From 720 Design on Expansion · May 26, 2026Undisclosed720 DesignLibrary Moves Forward With 720 Design Concept Plan · Apr 27, 2026Undisclosed720 Design720 Design to Present Library Expansion Update · Apr 25, 2026UndisclosedAll Salado Public Library District activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Salado Public Library District?

Horizon Bank was awarded this financial services contract by Salado Public Library District, as recorded on May 28, 2026.

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 Salado Public Library District Board of Trustees Minutes 2026-05-28 (Minutes), dated May 28, 2026 from Salado Public Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Horizon Bank hold?

Horizon 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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What is Salado Public Library District currently buying?

Explore Salado Public Library District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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