FINANCIAL_SERVICESRECOMMENDED

District Plans New Depository Agreement With Prosperity Bank

Trophy Club Municipal Utility District No. 1 staff recommend entering a new Depository Pledge Agreement with Prosperity Bank to continue depository banking services. The agreement would run from October 1, 2026 through September 30, 2028, with options for two additional one-year extensions and includes collateralization requirements for District funds.

Status
RECOMMENDED
Document date
August 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Prosperity Bank
Agency
Trophy Club Mud 1 · 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 type
FINANCIAL_SERVICES
Contract term
Two (2) years, October 1, 2026 through September 30, 2028, with option for two additional one-year terms
Renewal date
2028-09-30
Renewal
Initial two-year term from 2026-10-01 to 2028-09-30, with District option to extend for two additional one-year terms (potentially through 2030-09-30).
Document type
AgendaPacket
Source document
Trophy Club Municipal Utility District No. 1 Work Session & Regular Meeting Agenda Packet 2026-08-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Trophy Club Mud 1?

Prosperity Bank was awarded this financial services contract by Trophy Club Mud 1, as recorded on August 19, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Trophy Club Municipal Utility District No. 1 Work Session & Regular Meeting Agenda Packet 2026-08-19 (AgendaPacket), dated August 19, 2026 from Trophy Club Mud 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Prosperity Bank hold?

Prosperity 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 Trophy Club Mud 1 currently buying?

Explore Trophy Club Mud 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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