TexStar National Bank is headquartered in Universal City and is the 174th largest bank in the state of Texas. It is also the 1,874th largest bank in the nation. It was established in 2004 and as of June of 2022, it had grown to 35 employees at 6 locations. TexStar National Bank has an A+ health rating.
Great Bank For Local Small Business
I have banked with Texstar since 2004. They have been very supportive and instrumental in the success of my local business. Their customer support and online capabilities have been very good.
Website Displaying Confusing Rates
On the personal checking search on depositaccounts.com, it reports that TexStar has the highest interest-bearing (non-rewards) checking account of any financial institution. Unfortunately the author of the database did not call the bank like I did, that weird "minus" sign in front of their checking rates is supposed to be a decimal. Thus their checking yields .1% not 1.0%.
It was a painful phone call too, so I imagine the experience with the bank would be similar...
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57704 |
| Year Established | 2004 |
| Employees | 35 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 8.92% |
| Annual Interest Income | $6.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $451.3MM$433.9MM |
| Loans | Q2 2022vs Q2 2021 | $200.5MM$219.5MM |
| Deposits | Q2 2022vs Q2 2021 | $402.6MM$382.6MM |
| Equity Capital | Q2 2022vs Q2 2021 | $39.5MM$37.6MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $5.9MM$5.7MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $0$0 |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |