Board selects PlainsCapital Bank as district depository under two-year contract
Mar 19, 2025
After an RFP process that solicited nine banks, the board approved awarding depository services to PlainsCapital Bank for an initial two-year term starting July 1, 2025, with options to renew three additional two-year periods.
The full story
Administration reported the district issued RFP No. 0225-DS for depository services, solicited nine local banks, and received three proposals. Staff recommended awarding the contract to PlainsCapital Bank of Dallas for a two-year initial term beginning July 1, 2025, with up to three additional 24-month renewal periods; the board approved the recommendation by unanimous vote.
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