Special 6-Month CD Rate at Texas Leadership Bank - Local Only


Texas Leadership Bank is offering a special 1.25% APY 6-month CD. Minimum deposit is $2,500. This limited time offer is listed on the bank's front page as of 7/18/2011.

The last time I mentioned this bank was back in 2007 when the bank was having a 1-year CD special with a 5.55% APY (the good old days).

Texas Leadership Bank is located in Royse City which is about 20 miles east of Dallas on Interstate 30.

It's a one-office bank that was established in 2006. The bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 26.65% (average) based on March 2011 data. Please refer to our financial overview of Texas Leadership Bank for more details. The bank has been a FDIC member since 2006 (FDIC Certificate # 58312).

How Does This CD Rate Compare

In today's interest rate environment, it's hard to find 6-month CD rates over one percent. There is one nationally available 6-month CD with a 1.50% APY. That's at Connexus Credit Union, but it requires an active checking account. The second best rate is much lower at 1.15% APY at Bank of Internet. I still like Ally Bank's 11-month No-Penalty CD better than this Bank of Internet CD. Ally's rate is a little lower at 1.13% APY, but since it's a no-penalty CD, the depositor can make the term anything he wants from 7 days to 11 months.

Searching for the Best CD Rates

To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.

Edit: corrected FDIC membership date.

Anonymous   |     |   Comment #1
if the bank was established in 2006, how has it been an FDIC member since 1996?
KenBDG   |     |   Comment #2
Good catch. That 1996 was a mistake.
Expired: 12-Month Special CD at a Dallas Bank (Texas Leadership)
Texas Leadership Bank is offering a special 5.55% APY 12-month certificate of deposit. The minimum deposit is $2,500, and it requires an existing or new Texas Leadership Checking Account. They do have a free checking account with a minimum opening deposit of $100. This special CD doesn't seem to be listed at the bank's website. It was advertised in today's Dallas Morning News. The ad is available online here.

The bank is located in Royse City which is about 20 miles east of Dallas on Interstate 30. It's a new bank...

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