Authority Replaces Investar as Primary Depository
Texas Red River Authority | State of TexasState · Wichita Falls, TX- Disclosed value
- Approximately $325 per month in new fees
- From minutes
- Document date
- Jul 22, 2026
The 30-second brief
The Red River Authority of Texas discussed its ongoing depository relationship with Investar while approving First Bank as its replacement. Investar was expected to begin charging approximately $325 in monthly fees amid reported service issues.
INVESTAR holds this financial services contract with Texas Red River Authority | State of Texas. Its other public contracts on record include work for TX-State-Red River Authority and Tangipahoa Parish School District.
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Contract details
- Contract type
- Financial Services
- Amount
- Approximately $325 per month in new fees
- Document date
- July 22, 2026
- Vendor
- INVESTAR
- Source document
- Red River Authority of Texas Minutes Regular Board of Directors Meeting 2026-07-22 (Minutes)
INVESTAR's other public contracts
More Texas Red River Authority | State of Texas contracts
Questions about this contract
Who was awarded the financial services contract by Texas Red River Authority | State of Texas?
INVESTAR was awarded this financial services contract by Texas Red River Authority | State of Texas, as recorded on July 22, 2026. The contract value is Approximately $325 per month in new fees.
How much is the INVESTAR contract with Texas Red River Authority | State of Texas worth?
The INVESTAR contract with Texas Red River Authority | State of Texas is valued at Approximately $325 per month in new fees, covering financial services work.
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 Red River Authority of Texas Minutes Regular Board of Directors Meeting 2026-07-22 (Minutes), dated July 22, 2026 from Texas Red River Authority | State of Texas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does INVESTAR hold?
INVESTAR may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Texas Red River Authority | State of Texas currently buying?
Explore Texas Red River Authority | State of Texas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.