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El Campo ISD names Prosperity Bank as district depository after two‑bid review
Summary
The El Campo Independent School Board approved Prosperity Bank as the district’s banking depository after staff solicited proposals from local banks, received two responses (Prosperity and First Financial), and recommended Prosperity based on rates and fees.
The El Campo Independent School Board voted to designate Prosperity Bank as the district’s official depository following a staff solicitation and evaluation of responses from local banks. Unidentified Speaker 1 publicly thanked Prosperity Bank for sponsoring the school scoreboard and recognized Stephanie Janssen of Prosperity Bank in the meeting.
Demetra (named on the record) said the district solicited proposals from local banks, received two responses — Prosperity Bank and First Financial — and that the evaluation committee (Freeman, Wells and a committee member) scored bids based on rates and fees. "My recommendation to the board is that we have Prosperity be our bank depository," Demetra said on the record.
The board moved and seconded to approve Prosperity Bank as the district depository and approved the motion by raised hands. The transcript records the board’s approval but does not list an itemized roll‑call vote.
No contract amounts, term lengths, or additional depository conditions were stated on the record. The transcript records that proposals were posted and that two banks responded; additional procurement documents or the full evaluation matrix were not included in the meeting record.
