State Bank of Texas (SBT) is headquartered in Dallas and is the 85th largest bank in the state of Texas. It is also the 978th largest bank in the nation. It was established in 1987 and as of June of 2020, it had grown to 70 employees at 6 locations. State Bank of Texas (SBT) has a B+ health rating.
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
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.
|FDIC Certificate #||27074|
|Return on Assets - YTD||3.06%|
|Return on Equity - YTD||19.17%|
|Annual Interest Income||$25.8MM|
|Assets and Liabilities|
|Assets||Q2 2020vs Q2 2019||$915.4MM$887.2MM|
|Loans||Q2 2020vs Q2 2019||$728.3MM$627.9MM|
|Deposits||Q2 2020vs Q2 2019||$719.3MM$741.0MM|
|Equity Capital||Q2 2020vs Q2 2019||$144.4MM$139.7MM|
|Loan Loss Allowance||Q2 2020vs Q2 2019||$8.6MM$6.5MM|
|Unbacked Noncurrent Loans||Q2 2020vs Q2 2019||$9.6MM$16.8MM|
|Real Estate Owned||Q2 2020vs Q2 2019||$2.1MM$1.5MM|
Always verify rates and promotions with the bank or credit union. We are not State Bank of Texas (SBT); we are a rate comparison website and cannot provide official rates or promotions.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.95%||$25k||-||12 Month CD|
|State Bank of Texas (SBT) Locations|
|State Bank Of Texas||11950 Webb Chapel Road||Dallas, TX 75234|
|Richardson Branch||500 W Belt Line Road||Richardson, TX 75080|
|Garland Branch||517 West I-30||Garland, TX 75041|
|Irving Branch||605 W. Airport Freeway||Irving, TX 75062|
|Devon Branch||2615 West Devon||Chicago, IL 60659|
|O'hare International Airport Branch||10000 West O'hare Avenue||Chicago, IL 60666|