Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
512-600-8100
1900 Round Rock Avenue
Round Rock, TX 78681

R Bank is a small bank with offices in Round Rock and Austin, Texas. The bank requires new customers to come into the branch to open accounts.

Related Posts

Updated Review of the R Bank Reward Checking in the Austin Metro Area - 11/12/2013

I first reported on R Bank and its R Best Checking account about four years ago. Like all reward checking accounts, the rates and balance cap have fallen. However, it remains very competitive and a go ...



Reviews (1)

R Bank Rewards Checking 3.25% But Not In Rate List?

Ken, Why doesn't R Bank show up in the list of Rewards Checking Accounts in Texas with high interest rates? After finding your Nov 2013 review of R Bank Rewards Checking, I opened a Rewards Checking Account at rbanktexas , and have been very satisfied. Pays 3.25% on the first 15k, and then 1.01% on the balance above 15k. I had to open in person, so easy for people in Central Texas, but not elsewhere.



Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 R Bank had $1,000 in non-current loans and owned real-estate with $32.55 million in equity and loan loss allowances on hand to cover it. This gives R Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for R Bank decreased dramatically from 0.07% as of March 31, 2013 to 0.00% as of March 31, 2014, resulting in a positive change of 95.86%.This indicates that the balance sheet and financial strength for R Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, R Bank has increased its total deposits by $89.07 million, resulting in 57.71% 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 R Bank has shown is excellent.

Capitalization

GRADE:
A

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. R Bank has $280.29 million in assets with $32.55 million in equity, resulting in a capitalization level of 11.61%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58935
Year Established2009
Employees46
Primary RegulatorFDIC
Assets and Liabilities
Assets$280.29 million
Loans$176.15 million
Deposits$243.43 million
Equity Capital$30.51 million
Loan Loss Allowance$2.04 million
Unbacked Noncurrent Loans$1,000
Real Estate Owned$0
Historic Data - March 2013
Assets$173.63 million
Equity Capital$19.06 million
Loan Loss Allowance$1.18 million
Unbacked Noncurrent Loans$1,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.36%
Return on Assets0.38%
Return on Equity3.97%
Interest Income$2.62 million
Rates
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not R Bank, we are a rate comparison website and can not provide official rates or promotions.

R Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
3.25%-$15kR Best Checking - Qualifying
0.10%--R Best Checking - Non Qualifying
Locations


R Bank Locations
R Bank1900 Round Rock AvenueRound Rock, TX 78681
Georgetown Branch2415 Williams Dr.Georgetown, TX 78628
Westlake Branch3103 Bee Caves Rd., Sutie 110Rollingwood, TX 78746