United Texas Bank Boosts Nationally Available 12-Month CD Rate


Availability: 12-month CD, 2.25% APY, $1k minimum.

Availability: Nationwide

Last week’s CD Rates Summary includes a competitive 1-year CD offered by United Texas Bank (UTB), a bank that hasn’t had any great rates for some time. With across-the-board CD rate increases of between 55 and 165 bps, the UTB 12-month CD (2.25% APY) offers the most competitive rate in the product line. Any UTB CD can be opened with a $1k minimum deposit and with no stated balance cap.

As stated on the Certificates of Deposit page, the Early Withdrawal Penalty reads as follows:

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impose will equal three months interest on the amount withdrawn subject to penalty.

It is not possible to withdraw any of the 12-month CD interest before maturity:

For terms of one year or less, interest will be compounded at maturity, and interest will be credited at maturity.

Funding and Accessing Maturing Funds

Funding a CD can be done by ACH, wire, or check. Maturing funds can be distribution by ACH (no dollar limit), wire, or cashier's check to the address on file. There is a ten calendar day grace period before a CD automatically renews.


Headquartered in Dallas, United Texas Bank has a physical presence in the greater Dallas metro area, but its CDs are available to all U.S. citizens and resident aliens who have a valid Social Security number and a U.S. physical address.

Opening a CD can be done through UTB’s encrypted email service and by phone (972.239.7000). The UTB Online Account Opening application can be used to start the process of opening a CD. After the application is approved, the UTB will contact you to open the CD. CDs can also be opened at either of the two Texas branches, both of which are located in Dallas along I-635, near Galleria Dallas.

Bank Overview

United Texas Bank has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 1.96% (excellent), based on March 31, 2022 data. In the past year, UTB has increased its total non-brokered deposits by $108.28 million, an excellent annual growth rate of 15.43%. 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, the United Texas Bank rebrand occurred in 1994. As a locally owned and operated boutique bank, UTB is currently the 74th largest bank headquartered in Texas, with assets in excess of $1.2 billion.

How the 12-Month CD Compares

When compared to similar length-of-term CDs tracked by DepositAccounts.com which are available nationwide and have minimum deposit requirements of $10k or less, only one bank has a higher rate than currently offered on the United Texas Bank 12-Month CD. The following table compares the 12-Month CD to the two highest-rate CDs from other banks and the two highest-rate CDs from credit unions.

The above information and rates are accurate as of 6/27/2022.

To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.

Related Pages: Dallas CD rates, 1-year CD rates, nationwide deals

United Texas Bank CDs Still Available Nationwide
Availability: 36-month CD (1.05% APY), 48-month CD (1.15 APY), $1k minimum.

Availability: Nationwide

As I was reviewing CDs in preparation for this week’s CD Rates Summary, I noticed that United Texas Bank (UTB) has a new website that's quite comprehesive. The one thing missing from the new website is an online application, which made me think that perhaps UTB’s CDs were no longer nationally available. Good news – UTB still offers all its accounts on a nationwide basis. The UTB official I spoke with told me the...

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United Texas Bank Ups 12-Month CD
UPDATE 8/3/2018: Available nationwide.

Availability: 12-month CD, 2.80% APY, $1k minimum.

Availability: Nationwide Market area is greater Dallas metro area.

UPDATE: Thanks to DA reader, FrankSavage, for his comment about the availability of United Texas Bank's CDs. I was able to confirm that the CDs can be opened online by U.S. citizens and resident aliens with a valid Social Security number who have a U.S. physical address.

United Texas Bank (UTB) ended the month by raising the rate on its 12-month CD to 2.80% APY. This week’s addition...

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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...

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.