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Princeton ISD awards two-year depository contract to Peoples Bank
Summary
The Princeton ISD Board of Trustees voted unanimously to award a two-year depository contract to Peoples Bank, effective Sept. 1, 2025, following board discussion on June 16.
The Princeton ISD Board of Trustees voted on June 16 to award the district's two-year depository RFP to Peoples Bank, beginning Sept. 1, 2025.
President Cyndi Darland moved to award the 2-year depository contract to Peoples Bank; Starla Sharpe seconded and the motion passed unanimously. The board recorded the effective date for the contract as Sept. 1, 2025.
The award was taken as an open-session action after the board returned from executive session; the motion was recorded as passed without recorded dissent. The agenda did not detail the financial terms of the RFP in the public minutes.
