4 star ratingAverage User Rating:
4 star rating based on 4 reviews.

City National Bank

City National Bank Locations
116 West Third Street
Taylor, TX 76574
800-848-8472
www.cnbt.com

FDIC


City National Bank is headquartered in Taylor and is the 247th largest bank in the state of Texas. It is also the 3,087th largest bank in the nation. It was established in 1900 and as of December of 2012, it had grown to 48 employees at 1 location. City National Bank has a 5-star health rating.

City National Bank Routing Number: 114901859

Related Posts

City National Bank Cuts Reward Checking Rate To 0.75% (Forum) - 12/15/2010

The top rate of City National Bank's reward checking account fell from 1.05% to 0.75% for all balances. It looks like the lack of a balance cap and its nationwide availability were too much for this small bank. The 0.75% rate is now less than the second

Survey of the Best Checking Accounts in Austin Texas - 9/9/2010

I'm starting a new blog feature. I've been posting on new reward checking accounts for the last four years, and we now have a large database of reward checking accounts across the nation. These can be ...

City National Bank Cuts Reward Checking Rate Again (Forum) - 6/30/2010

The yield has fallen from 1.35% APY to 1.05% APY. City National Bank is the only bank offering a nationwide reward checking account without a balance cap. That may be the reason for the rate cuts over the last 8 months (see rate history). The rate is now

City National Bank Cuts Reward Checking Rate (Forum) - 5/12/2010

The yield has fallen from 1.68% APY to 1.35% APY. City National Bank is the only bank offering a nationwide reward checking account without a balance cap. That may be the reason for the rate cuts over the last 7 months. The rate is now on par with several

2010

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See Rates for: Checking | Savings

City National Bank Checking Account Rates

ApyMinMaxProduct
0.20%--FREE Reward Checking
0.05%$100-NetAdvantage Checking

City National Bank Savings Account Rates

ApyMinMaxProduct
0.15%$50-Health Savings Account
0.15%$100-Reward Savings
0.15%$100-Business Reward Savings

Rates updated: 5/17/2013

Data for Q4 2012


Institution Statistics


The City National Bank of Taylor
FDIC Certificate #5548
BankRate ReportView
Year Established1900
Employees48
Primary RegulatorOCC

Assets and Liabilities

Assets$200.78 million
Loans$58.19 million
Deposits$174.49 million
Equity Capital$18.95 million
Loan Loss Allowance$1.12 million
Unbacked Noncurrent Loans$305,000
Real Estate Owned$229,000

Historic Data - December 2011

Assets$189.51 million
Equity Capital$19.89 million
Loan Loss Allowance$1.01 million
Unbacked Noncurrent Loans$2.16 million
Real Estate Owned$231,000

Profit Margin - Quarterly

Net Interest Margin2.96%
Return on Assets0.84%
Return on Equity8.14%
Interest Income$6.32 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 City National Bank had $534,000 in non-current loans and owned real-estate with $20.07 million in equity and loan loss allowances on hand to cover it. This gives City National Bank a Texas Ratio of 2.66% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for City National Bank decreased significantly from 11.46% as of December 31, 2011 to 2.66% as of December 31, 2012, resulting in a positive change of 76.78%.This indicates that the balance sheet and financial strength for City National Bank has improved significantly in recent periods.
Deposit Growth5
In the past year, City National Bank has increased its total deposits by $8.5 million, resulting in 5.12% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth City National Bank has shown is excellent.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. City National Bank has $200.78 million in assets with $20.07 million in equity, resulting in a capitalization level of 10.00%, which is average.
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Great Rates Don't Last Forever.
5 stars - grnbsh - Monday, June 21, 2010 - 1:31 AM

City National Bank of Taylor, Texas, had some nice rates in their rewards checking.  But as Ken the bank deals guy mentioned somewhere in this website, the rates just couldn't last forever.  I didn't really have any problems with their bank with their rewards checking, except their rates just kept on dropping.

Sort of like EmigrantDirect of New York back six years ago.  Great rates, then it's time to move on.

The limits on electronic transfer of $2,500 are the maximum.   But it takes just a day wait or so with the approval of the staff at the bank, to move larger sums of money.

The only other thing that I had to work around was the lack of availability to make ATM deposits or withdrawals.  I just could not do it.  Their ATM network was not available any where close to me.  So of course I needed to keep my local bank for regular banking stuff.

They have a great, friendly, helpful bank staff that answers the phone, and a solid bank performance balance sheet.

2

I Have Yet To Find A Bank That Can Match What They Offer
5 stars - dean_ss - Thursday, September 20, 2012 - 12:02 PM

I have yet to find a bank that can match what they offer.  First of all, they offer great customer service.  We get reimbursed for all ATM fees.  We get interest on our checking, with no minimum balance.  No monthly fee.  They pay us.  Sure, rates have dropped since I joined, but so have everybody elses.  I cannot recall ever having funds not immediately being available.
  Whenever I visit another bank, or a bank's booth at a festival, I always compare.  Some come close, but can't match CNBT.
Why can't more banks be like this one?

1

Good Customer Service, Rates Keep Falling
2 stars - Anonymous - Saturday, September 4, 2010 - 4:36 PM

They have a 5 star rating for financial stability and their customer service is great.  Unfortunately their rates keep falling so it's time to look for another bank.

1

Not Thathigh Of Interest Rates And They Do
3 stars - Anonymous - Saturday, March 13, 2010 - 9:58 AM

Not that high of interest rates and they do, by default, put some limits on electronic transfers, but they have NO MAXIMUM BALANCE and their customer service is great - very friendly and very accommodating.

1