Investar Incumbent Depository Replaced Over Fees
- Disclosed value
- Approximately $325 per month in new fees
- From agendapacket
- Document date
- Sep 16, 2026
The 30-second brief
Investar was the Red River Authority of Texas’s incumbent depository, but the Authority cited service issues and approximately $325 in new monthly fees when replacing it with First Bank. The existing agreement’s term was not stated.
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
- September 16, 2026
- Vendor
- INVESTAR
- Source document
- Red River Authority of Texas AgendaPacket Board of Directors Meeting 2026-09-16 (AgendaPacket)
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 September 16, 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 agendapacket record.
Where was this contract approved?
This contract appears in Red River Authority of Texas AgendaPacket Board of Directors Meeting 2026-09-16 (AgendaPacket), dated September 16, 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.