Texas Bank (TX)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.53% | Reward Checking | Texas Reward Checking 1.75% - National Average |
| 1.86% | 5-year CD | 5 Year CD 1.85% - Synchrony Bank 60 Month CD |
| 0.60% | 1-year CD | 1 Year CD 1.05% - Ally Bank High Yield 12-Month CD |
Texas Bank (TX) is headquartered in Henderson and is the 167th largest bank in the state of Texas. It is also the 1,951st largest bank in the nation. It was established in 1973 and as of June of 2016, it had grown to 117 employees at 7 locations. Texas Bank (TX)'s money market rates are 36% higher than the national average, and it has a B health rating.
Related Posts
I Like The $25.000 Limit On Rewards Checking, But....
They just lowered their interest rate on on Rewards Checking from 3.04% APY doen to 2.53% APY (still a good rate) without any prior notice. After they bring in sufficient customers with their higher interest rate they will not advertise or show the interest rate anymore? You will not find their current interest rate on their website so you will never know when it changes (drops) without checking your statements. When I called the bank to find out their current interest rate I was told that it changes daily and I would have to call them to find out the current rates ????
Must Come To The Branch To Open An Account
I called them and left them a voice mail, didn’t get a call back (why bother?). Three hours later called them again, and was told that the account cannot be opened remotely, e.g. over the phone or the internet. Instead, I must come to the branch. Since I live hours away, it makes it very difficult. I’ve been able to open accounts at the banks for years now without setting my foot at the branch. This bank either doesn’t seem to care about the customers’ convenience, or is so primitive, they don’t know about the existence of the telephone and or internet. I wish I could leave a zero star feedback here.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 21074 |
| Year Established | 1973 |
| Employees | 117 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.11% |
| Return on Equity - YTD | 10.97% |
| Annual Interest Income | $7.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $343.6MM$353.8MM |
| Loans | Q2 2016vs Q2 2015 | $129.4MM$119.2MM |
| Deposits | Q2 2016vs Q2 2015 | $271.8MM$289.8MM |
| Equity Capital | Q2 2016vs Q2 2015 | $36.0MM$31.7MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $2.2MM$1.7MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $3.2MM$227.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $784.00K$797.00K |
Always verify rates and promotions with the bank or credit union. We are not Texas Bank (TX); 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 (TX) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $100 | - | Regular Savings | |
| 0.20% | - | - | Senior Savings | |
| 0.20% | - | - | Student Savings |
Texas Bank (TX) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $10k* | - | Advantage Money Market | ||
| OTHER TIERS: 0.20% → Up to $2,500 | 0.30% → $2,500 - $10k | |||||
| 0.50%* | $10k* | - | Business Money Market | ||
| OTHER TIERS: 0.20% → Up to $2,500 | 0.30% → $2,500 - $10k | |||||
Texas Bank (TX) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.53%* | - | $25k | Texas Reward Checking | ||
| OTHER TIERS: 0.20% → $25k+ | |||||
| 0.25% | $750 | - | Interest Checking | ||
| 0.25% | $750 | - | Business Interest Checking | ||
Texas Bank (TX) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.86% | $500 | - | 5 Year CD | |
| 1.51% | $500 | - | 4 Year CD | |
| 1.26% | $500 | - | 3 Year CD | |
| 1.15% | $500 | - | 2 Year CD | |
| 1.01% | $500 | - | 30 Month CD | |
| 1.00% | $500 | - | 18 Month CD | |
| 0.60% | $500 | - | 180 Day CD | |
| 0.60% | $500 | - | 1 Year CD | |
| 0.35% | $500 | - | 90 Day CD | |
| 0.30% | $500 | - | 30 Day CD |
Texas Bank (TX) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.86% | $500 | - | 5 Year IRA | |
| 1.51% | $500 | - | 4 Year IRA | |
| 1.26% | $500 | - | 3 Year IRA | |
| 1.15% | $500 | - | 2 Year IRA | |
| 1.01% | $500 | - | 30 Month IRA | |
| 1.00% | $500 | - | 24 Months Advantage IRA | |
| 1.00% | $500 | - | 18 Month IRA | |
| 0.60% | $500 | - | 1 Year IRA | |
| 0.60% | $500 | - | 6 Month IRA |
| Texas Bank (TX) Locations | ||
|---|---|---|
| Texas Bank | 1120 Highway 79 North | Henderson, TX 75652 |
| Convenience Center Branch | 1815 Hwy 79 S. | Henderson, TX 75654 |
| Tatum Branch | 230 West Johnson Street | Tatum, TX 75691 |
| Longview Branch | 4018 Estes Parkway | Longview, TX 75607 |
| Nacogdoches Branch | 500 North Street | Nacogdoches, TX 75961 |
| Rhones Quarter Rd. Branch | 5101 Rhones Quarter Rd. | Tyler, TX 75707 |
| Downtown Henderson Branch | 605 S. Main | Henderson, TX 75654 |
| Frisco Branch | 7700 Main Street | Frisco, TX 75033 |
| Prosper Branch | 805 East 1st Street | Prosper, TX 75078 |