Synergy Bank, S.S.B.

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REVIEWS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.20%	1-year CD	10 Month CD Special (New Money) 1.40% - Synchrony Bank 12 Month CD
1.25%	5-year CD	5 Year CD 2.35% - Synchrony Bank 60 Month CD
0.25%	Savings	Regular Savings Account 1.15% - CIT Bank Spring Savings

View all Synergy Bank, S.S.B. rates »

Overview / Commentary

www.synergybank.com

972-562-1400

8951 Synergy Dr., Suite 100
Mckinney, TX 75070

Synergy Bank, S.S.B. is headquartered in Mckinney and is the 284^th largest bank in the state of Texas. It is also the 3,476^th largest bank in the nation. It was established in 1998 and as of March of 2017, it had grown to 46 employees at 5 locations. Synergy Bank, S.S.B. has an A health rating.

Review For Synergy Bank

Posted by: Rogario | May 4, 2017

Bad management with whimsical decision,they do desparete banking don't follow banking regulations and law.Head teller puts his own money when it is short .They always re correct deposits slip and withdrawal slip without customer's permission.Think before banking with Synergy!

Comment

4

Bad Banking

Posted by: Dr.Halimur Rahman | Feb 18, 2017

Don't Bank with them. Bunch of Disrespectful people.

Comment

4

DO NOT USE THIS BANK !!

Posted by: Larry V Pandolfi | Feb 12, 2017

This bank screws elderly people out of there money and let's there employees steal there customers money right out of there accounts !! IF YOU USE THIS BANK YOU WILL BE VERY SORRY !!

Comment

4

Health

A

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	34669
Year Established	1998
Employees	46
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.1%
Return on Equity - YTD	0.89%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$156.2MM$138.5MM
Loans	Q1 2017vs Q1 2016	$123.8MM$106.0MM
Deposits	Q1 2017vs Q1 2016	$127.7MM$119.7MM
Equity Capital	Q1 2017vs Q1 2016	$17.9MM$18.1MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$1.0MM$841.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$1.1MM$1.8MM
Real Estate Owned	Q1 2017vs Q1 2016	$2.1MM$2.7MM

Rates

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

Synergy Bank, S.S.B. Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	-	-	Student Saver Account
0.35%^*	$100k^*	-	Synergy One Account
OTHER TIERS: 0.10% → $2,500 - $25k \| 0.20% → $25k - $50k \| 0.25% → $50k - $100k
0.25%	$250	-	Regular Savings Account
0.25%	$100	-	Business Savings

Synergy Bank, S.S.B. Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.10% → $2,500 - $10k \| 0.20% → $10k - $25k \| 0.30% → $25k - $50k
0.40%^*	$50k^*	-	Business Money Market
OTHER TIERS: 0.10% → $2,500 - $10k \| 0.20% → $10k - $25k \| 0.30% → $25k - $50k

Synergy Bank, S.S.B. Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%^*	$250k^*	-	Synergy Select Checking
OTHER TIERS: 0.10% → $15k - $20k \| 0.20% → $20k - $50k \| 0.40% → $50k - $100k \| 0.50% → $100k - $250k
0.50%^*	$100k^*	-	Cash Advantage Account
OTHER TIERS: 0.20% → $2,500 - $10k \| 0.30% → $10k - $50k \| 0.40% → $50k - $100k
0.25%^*	$75k^*	-	Business Now
OTHER TIERS: 0.10% → $1,500 - $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $75k

Synergy Bank, S.S.B. CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%	$1k	-	5 Year CD
1.20%	$5k	-	10 Month CD Special (New Money)
1.10%	$1k	-	4 Year CD
0.95%	$1k	-	3 Year CD
0.90%^*	$5k^*	$95k	30 Month CD
OTHER TIERS: 0.70% → $95k+
0.85%	$1k	-	2 Year CD
0.80%	$1k	-	18 Month CD
0.70%	$1k	-	1 Year CD
0.65%	$1k	-	15 Month CD Special
0.65%	$1k	-	27 Month CD Special
0.30%	$1k	-	180 Day CD
0.20%	$1k	-	90 Day CD

Synergy Bank, S.S.B. IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%	$1k	-	5 Year IRA
1.10%	$1k	-	4 Year IRA
0.95%	$1k	-	3 Year IRA
0.85%	$1k	-	2 Year IRA
0.80%	$1k	-	18 Month IRA
0.70%	$1k	-	1 Year IRA
0.30%	$1k	-	180 Day IRA

Locations

Synergy Bank, S.S.B. Locations
Denton Branch	2209 W. University Drive	Denton, TX 76201
Garland Branch	603 West Main Street, Suite 101	Garland, TX 75040
Synergy Bank, S.S.B.	8951 Synergy Dr., Suite 100	Mckinney, TX 75070
Waco Branch	7600 Woodway Drive	Waco, TX 76712
Gravel Drive Branch	2333-23335 Gravel Drive	Fort Worth, TX 76118