The North Central Texas Council of Governments (NCTCOG) is seeking a financial firm to provide depository services. The primary objectives of the depository agreement are to find a depository that can provide banking services, maximize the total dollars earned by NCTCOG on account balances, maintain a good working relationship with the depository, and compensate the depository for services provided. The contract was awarded to Cullen/Frost Bank, pending NCTCOG Executive Board approval.
• The contract is for depository services
• The primary objectives of the depository agreement are to find a depository that can provide banking services, maximize the total dollars earned by NCTCOG on account balances, maintain a good working relationship with the depository, and compensate the depository for services provided
• The contract was awarded to Cullen/Frost Bank
• The contract is pending NCTCOG Executive Board approval