Community National B&T of Texas Adds 15- and 23-Month CDs

Community National Bank & Trust of Texas (Community National) has added two new CDs to its product line: 15-month CD (1.76% APY), 23-month CD (2.02% APY). The minimum deposit is $1k, with no stated balance cap.

The CD Rates & Fees page shows two deposit levels ($1k and $100k), but the APYs are the same for both.

According to CSR, the Early Withdrawal Penalty for either CDs is six months interest.

Availability

Headquartered in Corsicana, Texas, Community National Bank & Trust of Texas market area includes parts of North Texas (from northwest of Fort Worth to southeast of Dallas).

Opening a CD can be done at of the 14 full-service Texas branches, located in Buffalo, Burleson, Corsicana (2), Fairfield, Frost, Lake Worth, Mineral Wells, Possum Kingdom, Red Oak, Richland Chambers, Streetman, Weatherford, and White Settlement.

Bank Overview

Community National Bank & Trust of Texas has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 0.38% (excellent), based on June 30, 2017 data. The Bank has an excellent capitalization level (11.58%), the result of holding $664.43 million in assets with $76.94 million in equity. Please refer to our financial overview of Community National Bank & Trust of Texas (FDIC Certificate # 18185) for more details.

Owned by the Community Bank Holdings of Texas, National Community Bank & Trust of Texas was founded in 1934 as the Corsicana National Bank. Between 2008 and 2013, the Bank acquired three Texas banks (First National Bank, First State Bank of Mineral Wells, and State Bank of Texas) and rebranded. As a “hometown bank that believes in generously giving back to our area,” the Bank recently,

presented a check for $113,000 to Mayor Royce Dawkins and City Council members. The check represents the appraised value of 2.42 acres of land for the city to build a new City Hall and Visitor & Convention Center. The location of the land is next to Community National’s building on Buffalo Avenue.

How the CDs Compare

When compared to the 217 similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and are available within the Bank’s market area, Community National Bank & Trust of Texas’ 15-month CD APY currently ranks fourth.

When compared to the 304 similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and are available within the Bank’s market area, Community National Bank & Trust of Texas’ 23-month CD APY currently ranks second.

The above rates are accurate as of 10/13/2017.

To search for the best CD rates, both nationwide and state specific, please refer to our CD rates table or our new Rates Map page.