R Bank


Overview / Commentary
512-580-9999
3600 E Palm Valley Blvd
Round Rock, TX 78665

R Bank is headquartered in Round Rock and is the 122nd largest bank in the state of Texas. It is also the 1,417th largest bank in the nation. It was established in 2009 and as of June of 2019, it had grown to 110 employees at 9 locations. R Bank's money market rates are 4X the national average, and it boasts an A+ health rating.

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Reviews (5)

Change In Period

Posted by: csmith777 | Nov 15, 2018

When RBank recently upgraded their online banking software, they also changed the date of their qualifying period. I just got caught in it. The old period was the 25th to the 24th of the month. With the new system the moved it one day to 26th to 25th of the month.

Lowers Rates

IMPORTANT NOTICE REGARDING THE R BEST CHECKING ACCOUNT
R Bank announces changes to its R Best Checking Account. Effective October 26, 2016: • The Interest Rate/Annual Percentage Yield (APY) on the account will change. An APY of 3.00% will be earned on balances of $0.01 to $15,000 and 0.45% APY on balances over $15,000 as long as qualifications* are met each qualifying cycle. Base rate of 0.01% APY will be earned on all balances if qualifications are not met. Effective November 26, 2016: • The balance cap will change from $15,000.00 to $10,000.00. This means an interest rate of 2.96% (3.00% APY) will be earned on balances up to $10,000.00, when the monthly statement cycle qualifiers are met. Any balance in excess of $10.000.00 will earn a rate of 0.45% (0.45% APY), when the monthly statement cycle qualifiers are met. A base rate of 0.01% (0.01% APY) will be earned on all balances if the monthly statement qualifiers are not met. *Important Reminder: In order to earn the premium interest and ATM fee refunds, account holders must sign up for e - statement notifications; have 12 or more debit card transactions post and settle during the qualification cycle and have one Direct Deposit or ACH transaction post and settle during the qualification cycle.

R Bank TX Reward Checking Rates

Posted by: elarh | Jul 27, 2015

The rates did indeed go down. As of July, Interest rates (if requirements are met) are now:

3.05% on the first $15,000 (down from 3.5%)
0.71% on funds > $15,000 (down from 1.0%)

Customer representative said that an email was being prepared and would be out soon.

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

Posted by: SnowSkier | Jan 9, 2014

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.

R Bank TX Reward Checking Rates

Posted by: elarh | Jul 24, 2015

It looks like R Bank reduced their reward checking rate this month (july). Unfortunately, they don't seem to publish these rates on their web page nor do they inform the account holders when the change takes place takes place. I'll post more info after I contact them next week.



Health
A+

Health Grade Components

Overall
FDIC Certificate #58935
Year Established2009
Employees110
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD6.57%
Annual Interest Income$12.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$512.5MM$476.2MM
LoansQ2 2019vs Q2 2018$405.7MM$361.6MM
DepositsQ2 2019vs Q2 2018$445.5MM$419.1MM
Equity CapitalQ2 2019vs Q2 2018$63.6MM$43.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$4.4MM$4.0MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$169.00K$493.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not R Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

R Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*$15k*-Health Savings Account
OTHER TIERS: 0.10% Up to $1k | 0.25% $1k - $5k | 1.01% $5k - $15k
0.76%--Kids Savers Club Savings
0.35%$500-Business Savings
0.30%$200-Personal Savings

R Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.67%*$300k*-High Yield Money Market
OTHER TIERS: 0.98% $5k - $150k | 1.27% $150k - $300k
0.55%*$250k*-Personal Money Market
OTHER TIERS: 0.15% $2k - $5k | 0.25% $5k - $25k | 0.35% $25k - $100k | 0.40% $100k - $250k
0.55%*$250k*-Premium Money Market
OTHER TIERS: 0.20% $5k - $25k | 0.25% $25k - $50k | 0.35% $50k - $100k | 0.40% $100k - $250k
0.55%*$250k*-Business Money Market
OTHER TIERS: 0.15% $2.5k - $5k | 0.25% $5k - $25k | 0.35% $25k - $100k | 0.40% $100k - $250k

R Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$10kR Best Checking
OTHER TIERS: 0.45% $10k+
0.25%*$100k*-Income Checking
OTHER TIERS: 0.10% $1k - $100k
0.15%$1.5k-Business Interest Checking

R Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%$10k-10 Month Special CD
2.07%$10k-7 Month Special CD
2.02%$100k-24 Month Jumbo CD
1.91%$1k-24 Month CD
1.88%$100k-36 Month Jumbo CD
1.84%$100k-12 Month Jumbo CD
1.84%$100k-18 Month Jumbo CD
1.82%$1k-36 Month CD
1.75%$1k-12 Month CD
1.66%$1k-18 Month CD
1.45%$100k-6 Month Jumbo CD
1.30%$1k-6 Month CD
1.07%$1k-3 Month CD
1.06%$100k-3 Month Jumbo CD

R Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.15%$1k-60 Month IRA
2.48%$1k-36 Month IRA
1.77%$1k-24 Month IRA
1.36%$1k-12 Month IRA
Locations


R Bank Locations
R Bank3600 E Palm Valley BlvdRound Rock, TX 78665
Georgetown Branch2415 Williams Dr.Georgetown, TX 78628
Westlake Branch3103 Bee Caves Rd., Sutie 110Rollingwood, TX 78746
Round Rock Banking Center1900 Round Rock AvenueRound Rock, TX 78681
Bertram Branch360 Hwy 29 EastBertram, TX 78605
50 W. Fm 487 Jarrell Branch50 W. Fm 487Jarrell, TX 76537
Schwertner State Bank Branch110 Main StreetSchwertner, TX 76573
Edna Banking Center814 North Wells StreetEdna, TX 77957

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