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972-252-6000
11950 Webb Chapel Road
Dallas, TX 75234

State Bank of Texas is headquartered in Dallas and is the 78th largest bank in the state of Texas. It is also the 996th largest bank in the nation. It was established in 1987 and as of December of 2016, it had grown to 49 employees at 5 locations. State Bank of Texas' money market rates are 3X the national average, and it has an A health rating.

Related Posts

State Bank of Texas Offers 1-Year CD and MMA Nationwide - 8/30/2016

State Bank of Texas is again offering its 1-year Jumbo CD (1.25% APY, $25k; 1.35% APY, $100k) and Jumbo Money Market (1.25% APY, $100k) nationwide.

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Reviews (2)

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

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.



Health

Health Grade Components

Overall
FDIC Certificate #27074
Year Established1987
Employees49
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD6.37%
Return on Equity - YTD35.42%
Annual Interest Income$49.3MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$740.3MM$660.0MM
LoansQ4 2016vs Q4 2015$490.9MM$503.5MM
DepositsQ4 2016vs Q4 2015$603.0MM$495.5MM
Equity CapitalQ4 2016vs Q4 2015$123.0MM$113.4MM
Loan Loss AllowanceQ4 2016vs Q4 2015$6.4MM$6.7MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$1.6MM$6.4MM
Real Estate OwnedQ4 2016vs Q4 2015$8.8MM$6.5MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

State Bank of Texas Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$100k-Jumbo MMDA

State Bank of Texas CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.45%$100k-Jumbo 12 Month CD
1.35%*$25k*-12 Month CD
OTHER TIERS: 1.25% $5k - $25k
Locations

State Bank of Texas has 15 locations. Click to view all State Bank of Texas locations.