State Bank of Texas (SBT)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.60%	1-year CD	Jumbo 12 Month CD 2.45% - Synchrony Bank 12 Month CD
1.85%	Money Market	Jumbo MMDA 1.80% - American Express National Bank High Yield Savings Account
2.80%	2-year CD	Jumbo 24 Month CD 2.50% - Ally Bank Raise Your Rate 2-Year CD

View all State Bank of Texas (SBT) rates »

Overview / Commentary

statebnk.com

972-252-6000

11950 Webb Chapel Road
Dallas, TX 75234

State Bank of Texas (SBT) is headquartered in Dallas and is the 76^th largest bank in the state of Texas. It is also the 941^st largest bank in the nation. It was established in 1987 and as of June of 2018, it had grown to 130 employees at 6 locations. State Bank of Texas (SBT)'s money market rates are 4X the national average, and it has a B+ health rating.

Shaky Start

Posted by: dla1946 | May 27, 2016

We decided to open a jumbo money market account at the Garland branch based on the excellent rate. The sign up experience was shaky. We had to ask for both checks to be sent to us and a receipt for our deposit, among other things. I keep waiting for a phone call telling me they forgot something

24

Account Opening

Posted by: CSample | Mar 11, 2016

The Chicago office said you must go into one of the branches to open an account. It can't be done online or by snail mail.

26

Money Market Account

Posted by: dale26s | Jun 16, 2017

Beware- when balance falls below $25,000 there is $20 monthly fee-

9

Nonsense Of A Bank

Posted by: Andy_BE | Jun 12, 2018

So many banks have a much more APY. And this bank wants a minimum balance of $100,000 for their abysmal APY?

Comment

9

Awful Customer Service

Posted by: pwj7050 | Jul 28, 2017

I called this bank on TWO separate occasions inquiring about its Jumbo Money Market account. I had to leave messages both times, but nobody ever called me back.

I find this to be incredibly unprofessional and bad business on their part since I was looking to deposit $100,000 and not open a Christmas Club account with $100.00!

I'm shocked by their incompetence.

33

Health

B+

Data as of Q2 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	27074
Year Established	1987
Employees	130
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	4.66%
Return on Equity - YTD	25.77%
Annual Interest Income	$28.3MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$814.4MM$835.7MM
Loans	Q2 2018vs Q2 2017	$631.1MM$620.7MM
Deposits	Q2 2018vs Q2 2017	$634.2MM$612.3MM
Equity Capital	Q2 2018vs Q2 2017	$137.0MM$166.1MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$6.1MM$6.4MM
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$15.2MM$11.7MM
Real Estate Owned	Q2 2018vs Q2 2017	$1.1MM$10.2MM

Rates

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