City National Bank is headquartered in TAYLOR and is the 238th largest bank in the state of Texas. It is also the 2,677th largest bank in the nation. It was established in 1900 and as of June of 2023, it had grown to 40 employees at 1 location. City National Bank has a B health rating.
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?
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.
|FDIC Certificate #||5548|
|Return on Assets - YTD||2.1%|
|Return on Equity - YTD||28.42%|
|Annual Interest Income||$5.6MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$256.1MM$292.4MM|
|Loans||Q2 2023vs Q2 2022||$140.9MM$130.4MM|
|Deposits||Q2 2023vs Q2 2022||$234.9MM$274.3MM|
|Equity Capital||Q2 2023vs Q2 2022||$20.3MM$17.2MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$1.9MM$1.9MM|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$1.0MM$1.1MM|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
Rates for City National Bank are currently being reviewed.
|City National Bank Locations|
|The City National Bank Of Taylor||116 W 3rd St||Taylor, TX 76574|