United Texas Bank Adds 24-Month CD


Availability: 24-month CD, 1.75% APY, $1k minimum; Lone Star Money Market, 1.55% APY ($250k+ balance) and 1.05% APY (<$250k balance).

Availability: Market area is greater Dallas metro area.

Last Sunday’s Dallas Morning News featured an ad for United Texas Bank’s (UTB) 24-month CD and Lone Star Money Market.

The 24-month CD (1.75% APY) requires a minimum deposit of $1k, with no stated balance cap. Interest on the 24-month CD will be compounded on an annual basis and credit on an annual basis.

As stated on the Personal Savings Account page, the Early Withdrawal Penalty reads as follows:

If your account has an original maturity of more than one year: The fee we may
impose will equal six months interest on the amount withdrawn subject to penalty.

1.95%$1k-United Texas Bank24 Month CD
Rates as of July 15, 2018.

The Lone Star Money Market account earns 1.55% APY on balances of $250k or more, and 1.05% APY on balances below $250k, with a minimum opening deposit of $2.5k. There is no monthly service charge if a minimum daily balance of $2.5k is maintained; if the daily balance should fall below $2.5k, a $15 monthly service charged will be assessed. There is also a $25 Excessive Withdrawal Fee “for each withdrawal or transfer in excess of 6 limited transactions per month or statement cycle.”

1.70*%$250k-United Texas BankLone Star Money Market Account
OTHER TIERS: 1.25% Up to $250k
Rates as of July 15, 2018.

Thanks to DA reader, jtkirk, for his Forum post about these two special offerings


Headquartered in Dallas, United Texas Bank’s market area is the greater Dallas metro area. According to CSR, anyone with a “valid Social Security number who lives in the geographical area, and can come into a branch,” can open an account.

Opening an account of any kind with United Texas Bank requires a visit to either of the two Texas branches, which are both located in Dallas along I-635, near Galleria Dallas.

UTB recently updated their Online Banking platform, although it is still limited to account maintenance and bill payment services.

Our new online banking services are now available. To enjoy the new experience, please click "Upgrade Now" after logging in. We will provide 30 days for the upgrade opt-in then customers will automatically be switched to the new online banking.

Bank Overview

United Texas Bank has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 4.66% (excellent), based on December 31, 2016 data. In the past year, UTB has increased its total non-brokered deposits by $31.08 million, an excellent annual growth rate of 12.71%. Please refer to our financial overview of United Texas Bank (FDIC Certificate # 26626) for more details.

Founded in 1986 as the Park Central Bank of Dallas and re-branded in 1994, United Texas Bank is a locally owned and operated bank. With assets in excess of $403 million, UTB is currently Texas’ 148th largest bank.

How the CD Compares

When compared to the 301 similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and are available within the Bank’s market area, United Texas Bank’s 24-month CD APY currently ranks first.

To search for the best CD rates, both nationwide and state specific, please refer to our CD rates table or our Rates Map page.

How the Lone Star MMA Compares

When compared to the Money Market Accounts tracked by DepositAccounts.com, which require a minimum deposit of at least $100k and are available within the Bank’s market area, United Texas Bank’s Lone Star MMA APY currently ranks first.

To search for the best Money Market Account rates, both nationwide and state specific, please refer to our Money Market rates table or our Rates Map page.

The above rates are accurate as of 4/28/2017.

Related Pages: Dallas money market accounts, money market accounts, 5-year CD rates

jennifer   |     |   Comment #1
We'd better all lock our money up in a CD right away. The feds may not raise the interest rates in june after all.

Today they announced that the economy barely grew in the 1st quarter of 2017!! What does this mean for interest rates?
Bogey   |     |   Comment #2
Very little econoomic growth is disappointing but not surprising.

Manufacturing still moving out of the country, major retailers closing stores, current U.S. manufacturers continue to turn to automation to decrease the workforce, etc,, etc. And any increase in minimum wage jobs with little purchasing power does not spur the economy.

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