FINANCIAL_SERVICESONGOING

Investar Bank Remains Incumbent Depository

Investar Bank is the incumbent depository for the Authority’s funds. The current term ends September 30, 2026, and staff noted the bank may continue to hold the bulk of the investment portfolio depending on rates.

Document date · July 22, 2026

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Current term ends September 30, 2026
Renewal date
2026-09-30
Renewal
Incumbent depository; current term ends September 30, 2026. Staff indicated the bank may continue to hold investment balances if its rate remains significantly better than competing options.
Document type
AgendaPacket
Source document
Red River Authority of Texas AgendaPacket Regular Board of Directors Meeting 2026-07-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by TX-State-Red River Authority?

Investar Bank was awarded this financial services contract by TX-State-Red River Authority, as recorded on July 22, 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 Red River Authority of Texas AgendaPacket Regular Board of Directors Meeting 2026-07-22 (AgendaPacket), dated July 22, 2026 from TX-State-Red River Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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Investar 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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