Competitive Long-Term CD Special at Patriot Bank in Texas - Local Only


Patriot Bank is offering a special 5-year CD with a 3.50% APY. Minimum deposit is $1,000, and the maximum is $100,000. New money is required. There's also a step-up feature in which you are allowed a one-time rate increase to the current Patriot Bank rate for a matching term once after two years from the issue date. This rate is listed at the bank's special offers page as of 1/24/2010.

Step-up CDs may help to provide some protection against rising interest rates. However, if the bank doesn't keep their 5-year CDs competitive in the future, the feature may not be useful.

Based on past reports from this bank, a branch visit is likely to be required. Branches are located in the Texas cities of Dallas, Houston, Friendswood, Allen, Honey Grove and Mesquite.

Patriot Bank's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Both ratings are based on 9/30/09 financial data. The bank has been a FDIC member since 1934 (FDIC Certificate # 3258).

Related Pages: CD rates

High-Interest Reward Checking Account at Patriot Bank in Florida

Update 5/13/2011: It has been reported that the top rate will be falling to 1.51% starting 6/15/11. Refer to the bottom of the post for the rate history.

Patriot Bank has a reward checking account called Revolutionary Checking. The account offers the following rates and features if certain monthly requirements are met:

  • 1.51% APY on balances up to $25,000
  • 1.01% on balances over $25,000
  • 0.05% base rate if qualifications are not met
  • refunds of ATM fees of up to $25 per cycle

The monthly requirements include:

  • 10 debit card purchases
  • one direct deposit or automatic payment
  • access online banking
  • receive...

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.