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Board recommends First State Bank Shallowater as depository after RFP review
Summary
Trustees recommended First State Bank Shallowater for the district’s bank depository contract after evaluating proposals under weighted criteria; the recommendation passed unanimously.
The board considered responses to a request for proposals for the district’s bank depository contract and recommended First State Bank Shallowater based on weighted criteria.
Trustee Kyla Hamilton moved for the recommendation and Trustee Bradley Price seconded; the motion passed unanimously (7–0). The minutes record the decision under agenda item 9807; the transcript does not include scoring sheets or comparative figures.
The recommendation will move forward to contract execution steps led by the business office and legal counsel as required by procurement rules.
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