Texas Citizens Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.21% | Reward Checking | 2.05% - National Average |
| 1.50% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.10% | Savings | 2.00% - Ally Bank Online Savings Account |
Texas Citizens Bank is headquartered in Pasadena and is the 115th largest bank in the state of Texas. It is also the 1,322nd largest bank in the nation. It was established in 2006 and as of September of 2018, it had grown to 107 employees at 6 locations. Texas Citizens Bank's money market rates are 5X the national average, and it has an A health rating.
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Online Banking System
The online banking and cash management system is the best I have used. It allows me to monitor my balances and activity at all my banks and brokerage firms. It also provides an excellent interface to all my credit card accounts. The customer service at TCB is great!!!
The interest rate on my RewardPlus personal checking account is higher than other banks pay on their CDs. The bank also allows me to use any ATM at no cost to me. I have no reservations in recommending TCB.
Rewards Plus Checking Rate
Still says 5.01% on the website but when I log on to my account the rate is 4.90%. Seems as though it has dropped just a bit.
I've Been A Customer For A Little Less Than A Year And Have Been Extremely Pleased With My
I've been a customer for a little less than a year and have been extremely pleased with my experience. The customer service staff is very responsive either by phone or email. The Bill Pay has a couple of quirks but continues to show improvement (everything is paid on time but default is to min. pay instead of full for automatic payments so I have to manually change). They also participate in Mint.com's program. I have a Reward Plus account which is currently paying 5.01% APY.
Watch Statement
When the account was first opened in July 2010, the rate given for Rewards Checking was close to the Rewards Plus checking - about 4.76% and 5.01%, but the day after opening the account the rate for the Reward Checking dropped to 2.76% with no notification. The first month was to have no restrictions, but it was only one day, as the cutoff for this bank falls in the middle of the month. Reward was not paid for Aug 2010, so we called and they said it was a mistake and made the interest payment, as the 3 bill pay and 12 debit and online statement requirements were met. Reward was not paid for Sept 2010, so we emailed and got a response that they made a mistake again & paid the interest on the first $25,000 in the account. Good news is that today we got msg that statement was available and the interest was paid for Oct. 2010 statement. There is also a provision in the contract that if the account is closed within one year, there is a penalty of most of the interest paid. So, we'll probably have direct deposit transferred to this account to qualify for 5.01% APY, which is the only added feature needed to upgrade the account. In all, they have paid interest, but mistakes can happen and need to be corrected. *Dates, figures and amounts are to the best estimates and are not provided for any short or long-term comparisons to this or other banks providing interest bearing accounts.
Crappy Online System
Dramatically drop the interest rate without notice. Bad online system. Too bad don't have the courtesy of notifying costumer. What is this bank good for.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58319 |
| Year Established | 2006 |
| Employees | 107 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 1.94% |
| Annual Interest Income | $20.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $542.1MM$437.6MM |
| Loans | Q3 2018vs Q3 2017 | $456.6MM$372.7MM |
| Deposits | Q3 2018vs Q3 2017 | $427.5MM$359.3MM |
| Equity Capital | Q3 2018vs Q3 2017 | $47.8MM$41.4MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $6.7MM$4.9MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $2.8MM$1.9MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $2.5MM$3.4MM |
Always verify rates and promotions with the bank or credit union. We are not Texas Citizens Bank; 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 Citizens Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.85%* | $250k* | - | IRA Savings | ||
| OTHER TIERS: 0.10% → Up to $2.5k | 0.40% → $2.5k - $25k | 0.55% → $25k - $100k | 0.75% → $100k - $250k | |||||
| 0.10% | - | - | Savings Accounts | ||
| 0.10% | - | - | Business Savings Accounts | ||
Texas Citizens Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.12%* | $750k* | - | Premier Money Market (New Money Only) | ||
| OTHER TIERS: 0.25% → Up to $25k | 0.75% → $25k - $75k | 1.51% → $75k - $250k | 1.92% → $250k - $750k | |||||
| 2.12%* | $750k* | - | Business Premier Money Market (New Money Only) | ||
| OTHER TIERS: 0.25% → Up to $25k | 0.75% → $25k - $75k | 1.51% → $75k - $250k | 1.92% → $250k - $750k | |||||
| 1.31%* | $250k* | - | Money Market | ||
| OTHER TIERS: 0.10% → Up to $2.5k | 0.50% → $2.5k - $25k | 0.75% → $25k - $100k | 1.21% → $100k - $250k | |||||
| 1.31%* | $250k* | - | Business Money Market | ||
| OTHER TIERS: 0.10% → Up to $2.5k | 0.50% → $2.5k - $25k | 0.75% → $25k - $100k | 1.21% → $100k - $250k | |||||
| 1.00%* | $250k* | - | BizReward Money Fund | ||
| OTHER TIERS: 0.35% → $2.5k - $25k | 0.50% → $25k - $100k | 0.85% → $100k - $250k | |||||
Texas Citizens Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.21%* | - | $25k | Reward Checking Plus | ||
| OTHER TIERS: 0.20% → $25k+ | |||||
| 0.75%* | - | $25k | Reward Checking | ||
| OTHER TIERS: 0.20% → $25k+ | |||||
| 0.10% | $1.5k | - | Now Checking | ||
Texas Citizens Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.37% | $1k | - | 19 Month Special Variable CD | |
| 2.37% | $1k | - | 36 Month Reward CD | |
| 2.27% | $1k | - | 36 Month CD | |
| 2.20% | $1k | - | 24 Month Reward CD | |
| 2.10% | $1k | - | 24 Month CD | |
| 1.85% | $1k | - | 18 Month Reward CD | |
| 1.75% | $1k | - | 18 Month CD | |
| 1.60% | $1k | - | 12 Month Reward CD | |
| 1.56% | $10k | - | 48 Month "One Bump" CD | |
| 1.50% | $1k | - | 12 Month CD | |
| 1.35% | $1k | - | 9 Month Reward CD | |
| 1.26% | $10k | - | 30 Month "One Bump" CD | |
| 1.25% | $1k | - | 9 Month CD | |
| 1.25% | $1k | - | 6 Month Reward CD | |
| 1.15% | $1k | - | 6 Month CD | |
| 0.85% | $1k | - | 3 Month Reward CD | |
| 0.75% | $1k | - | 3 Month CD |
| Texas Citizens Bank Locations | ||
|---|---|---|
| Clear Lake Branch | 14020 Hwy 3 Ste 100 | Houston, TX 77058 |
| Tcb-Nasa Branch | 1800 Nasa Parkway | Houston, TX 77056 |
| Rosenberg Branch | 24701 Southwest Freeway, Suite 700 | Rosenberg, TX 77469 |
| West University Branch | 3636 Rice Blvd | Houston, TX 77005 |
| Texas Citizens Bank, National Association | 4949 Fairmont Parkway | Pasadena, TX 77505 |
| Baytown Branch | 507 West Baker Rd | Baytown, TX 77521 |