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11950 Webb Chapel Road
Dallas, TX 75234

State Bank of Texas is headquartered in Dallas and is the 85th largest bank in the state of Texas. It is also the 1,054th largest bank in the nation. It was established in 1987 and as of March of 2016, it had grown to 53 employees at 5 locations. State Bank of Texas has a B health rating.

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State Bank of Texas Offers Competitive 1-Year CD And MMA - 2/22/2016

State Bank of Texas' Chicago branch is offering a 1-year CD (1.35% APY, $100K minimum deposit) and a Jumbo Money Market (1.25% APY, $100K minimum deposit).

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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 Grade Components

FDIC Certificate #27074
Year Established1987
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD8.46%
Return on Equity - YTD46.91%
Annual Interest Income$11.0MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$675.5MM$774.3MM
LoansQ1 2016vs Q1 2015$500.0MM$535.6MM
DepositsQ1 2016vs Q1 2015$483.3MM$621.2MM
Equity CapitalQ1 2016vs Q1 2015$127.4MM$139.3MM
Loan Loss AllowanceQ1 2016vs Q1 2015$6.7MM$7.8MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$13.8MM$16.0MM
Real Estate OwnedQ1 2016vs Q1 2015$6.1MM$2.5MM

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State Bank of Texas Locations
Devon Branch2615 West DevonChicago, IL 60659
State Bank Of Texas11950 Webb Chapel RoadDallas, TX 75234
Richardson Branch500 W Belt Line RoadRichardson, TX 75080
Garland Branch517 West I-30Garland, TX 75041
Irving Branch605 W. Airport FreewayIrving, TX 75062