FINANCIAL_SERVICESDISCUSSED

Investar Bank Discussed as Depository Option

Investar Bank was identified as the incumbent primary depository in a new solicitation. Staff compared its bid against other banks and discussed keeping the bulk of the investment portfolio there if its rate remains favorable.

Document date · July 22, 2026

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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
October 1, 2026 – September 30, 2029
Renewal date
2026-09-30
Renewal
Current term noted as ending September 30, 2026. Staff discussed retaining investment balances with Investar if its rate remains significantly higher than alternatives.
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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