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Board approves two-year extension of Citibank depository contract; trustee recused for conflict

5384780 · June 16, 2025
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Summary

Trustees voted to extend the district's depository contract with Citibank for two years under the same terms; a board member recused from the vote because of an employment conflict with Citibank.

The Frenship ISD Board of Trustees voted to extend the district depository contract with Citibank for two years under the same terms as the prior agreement.

A district staff member presented the extension and referenced the district's eligibility under the Texas Education Agency's school-district…

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