Texas Bank Financial


Overview / Commentary
817-596-9998
901 Santa Fe Drive
Weatherford, TX 76086

Texas Bank Financial is headquartered in Weatherford and is the 149th largest bank in the state of Texas. It is also the 1,631st largest bank in the nation. It was established in 1987 and as of December of 2019, it had grown to 116 employees at 5 locations. Texas Bank Financial's money market rates are 2X the national average, and it has an A health rating.

Related Posts

Texas Bank Financial Statewide Kasasa Cash Earns 4% APY, Up To $50k - 12/24/2019

Texas Bank Financial is offering its Kasasa Cash Checking (4.00% APY on qualifying balances up to $50k) on a statewide basis through an online application.

Reviews (2)

Opening An Account Is A Long, Slow Process !

Posted by: |

I submitted my application and initial deposit 3 weeks ago and I still can't use the account.
Filling out the initial application to open an account is quick and simple....Then everything slows down to a snails pace.
I got an immediate response that they received my application, and the next day I was notified that my application was approved. I was told I would be sent a packet of documents I needed to sign and return within 30 days or my account would be closed.
A few days later (Saturday) I received my packet with two documents... I signed them and sent them off on the following Monday. I attempted to get in touch with the customer service rep via email but received an out-of-office reply? I tried to call the next day and the man i spoke with told me that she would get back with me next week...Monday or Tuesday? She did contact me the following Tuesday and said that she got my signed documents and corrected an error in my address, was processing my initial deposit and ordered my Debit Card. She also told me how to setup my Internet access, but failed to tell me the required Security Code? So I had to write her back and wait for her to email me the Security Code.
It's been over a week and my initial deposit finally appeared on my account as still Pending?
I cannot move any money into my new account until I get my Debit card...Don't want to put any money in unless I have the means to take it out. Also they have a 30 day delay on Remote Deposits for new accounts, but I don't know where they count the 30 days from...approved application date or when the Customer Service Rep officially activates your account???
In the end, it will probably take 2-3 months before I will get my Debit Card, set up Direct Deposit and move money into my account...and with the holidays, I suspect it might even be longer !
I will update this review when I finally get my account completely up and running and can comment on how long it takes them to post debit and credit transactions to my online account and process Remote Deposits....This is a critical requirement for Online banking !

Eligibility Is Only For Texas Residents?

I am a non-resident of TX and I applied for kasasa checkings and I got a reply promptly the next day saying the eligibility is only for Texas residents right now..
I wish I had a chance



Health

Health Grade Components

Overall
FDIC Certificate #26967
Year Established1987
Employees116
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.34%
Return on Equity - YTD25.03%
Annual Interest Income$25.8MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$441.8MM$348.4MM
LoansQ4 2019vs Q4 2018$366.9MM$291.9MM
DepositsQ4 2019vs Q4 2018$383.3MM$314.6MM
Equity CapitalQ4 2019vs Q4 2018$42.0MM$32.7MM
Loan Loss AllowanceQ4 2019vs Q4 2018$3.9MM$2.7MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$2.3MM$1.5MM
Real Estate OwnedQ4 2019vs Q4 2018$277.00K$101.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Texas Bank Financial; we are a rate comparison website and cannot provide official rates or promotions.

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

Texas Bank Financial Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$100kKasasa Saver
OTHER TIERS: 0.63% $100k+

Texas Bank Financial Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$5m*-Money Market Account
OTHER TIERS: 0.30% $2.5k - $50k | 0.40% $50k - $250k | 0.50% $250k - $1m | 0.75% $1m - $5m

Texas Bank Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*-$50kKasasa Cash Checking
OTHER TIERS: 1.00% $50k+
0.10%--Texas Now Checking

Texas Bank Financial CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$100k*-36 Month CD
OTHER TIERS: 0.80% Up to $10k | 0.90% $10k - $100k
0.90%*$100k*-24 Month CD
OTHER TIERS: 0.70% Up to $10k | 0.80% $10k - $100k
0.80%*$100k*-18 Month CD
OTHER TIERS: 0.60% Up to $10k | 0.70% $10k - $100k
0.70%*$100k*-12 Month CD
OTHER TIERS: 0.50% Up to $10k | 0.60% $10k - $100k
0.60%*$100k*-9 Month CD
OTHER TIERS: 0.40% Up to $10k | 0.50% $10k - $100k
0.50%*$100k*-7 Month CD
OTHER TIERS: 0.30% Up to $10k | 0.40% $10k - $100k
0.40%*$100k*-180 Day CD
OTHER TIERS: 0.20% Up to $10k | 0.30% $10k - $100k
0.30%*$100k*-90 Day CD
OTHER TIERS: 0.10% Up to $10k | 0.20% $10k - $100k
Locations


Texas Bank Financial Locations
Texas Bank Financial901 Santa Fe DriveWeatherford, TX 76086
Dallas Branch5429 LBJ FwyDallas, TX 75240
Fort Worth Branch4521 South Hulen StreetFort Worth, TX 76109

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