Town of Wells Awards Financial Services Contract to Commercial Bank of Texas (May 2026)

The City of Wells council approved Commercial Bank of Texas as the official depository for the 2025-2026 election year. The designation covers banking and cash management services for city funds.

Document date · May 11, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

2025-2026 election year

Renewal date

2026-12-31

Renewal

Designation is for the 2025-2026 election year and would need re-approval or redesignation for subsequent years.

Document type

Minutes

Source document

City of Wells Minutes Regular Meeting 2026-05-11

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Commercial Bank of Texas was awarded this financial services contract by Town of Wells, as recorded on May 11, 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 City of Wells Minutes Regular Meeting 2026-05-11 (Minutes), dated May 11, 2026 from Town of Wells. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Commercial Bank of Texas hold?

Commercial Bank of Texas 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 Commercial Bank of Texas's profile

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