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Town of Prosperity Awards Financial Services Contract to First Community Bank (August 2026)

Town of Prosperity logoTown of Prosperity
Approved
Aug 18, 2026

The 30-second brief

What it covers

The Town Council unanimously authorized transferring Hospitality Tax funds from First Community Bank to the Local Government Investment Pool. The move is intended to secure a higher interest rate for the Town's funds.

Who holds it

First Community Bank holds this financial services contract with Town of Prosperity. Its other public contracts on record include work for CAMERON COUNTY DRAINAGE DISTRICT 5 and HARLINGEN SCHOOL OF HEALTH PROFESSIONS.

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Contract details

Contract type
Financial Services
Document date
August 18, 2026
Vendor
First Community Bank
Agency
Town of Prosperity
Source document
Town of Prosperity Minutes Regular Town Council Meeting August 18, 2026 (Minutes)

First Community Bank's other public contracts

CAMERON COUNTY DRAINAGE DISTRICT 5, TexasDrainage District to Ratify First Community Bank Certificate · Oct 13, 2026UndisclosedHARLINGEN SCHOOL OF HEALTH PROFESSIONS, TexasHarlingen CISD Recommends First Community Bank List · Oct 9, 2026UndisclosedCity of Cherokee Village, ArkansasCherokee Village Approves $300,000 First Community Bank CDs · Oct 8, 2026Jo Daviess County, IllinoisETSB Reviews First Community Bank CD Maturity · Oct 7, 2026$808.6KLester Prairie Public School District, MinnesotaLester Prairie Renews $25,000 Bank Certificate · Oct 6, 2026$25KAll First Community Bank contractsVendor profile

More Town of Prosperity contracts

Local Government Investment PoolTown to Open Hospitality Tax Account with Investment Pool · Aug 18, 2026Undisclosed1st Community BankHospitality Tax Funds Transfer from 1st Community Bank · Aug 18, 2026UndisclosedLocal Government Investment PoolTown Authorizes Hospitality Tax Investment Pool Account · Aug 18, 2026UndisclosedNational Home BuildersCouncil Introduced to Church Street Developer · Jun 30, 2026UndisclosedPROPHENIOXTown Weighs ProPheniox Police Software Contract · Jun 23, 2026All Town of Prosperity activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Prosperity?

First Community Bank was awarded this financial services contract by Town of Prosperity, as recorded on August 18, 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 Town of Prosperity Minutes Regular Town Council Meeting August 18, 2026 (Minutes), dated August 18, 2026 from Town of Prosperity. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Community Bank hold?

First Community 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 Town of Prosperity currently buying?

Explore Town of Prosperity's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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