Featured Savings Rates
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LegacyTexas Bank (TX)

Popular Accounts at this Bank

1.00%Reward CheckingAt Work Checking
1.00%5-year CD60 Month Regular CD
0.10%1-year CD12 Month Regular Start-Up CD

Overview / Commentary
5851 Legacy Circle
Plano, TX 75024

LegacyTexas Bank (TX) is headquartered in Plano and is the 9th largest bank in the state of Texas. It is also the 142nd largest bank in the nation. It was established in 2006 and as of September of 2016, it had grown to 873 employees at 46 locations. LegacyTexas Bank (TX)'s money market rates are 14% higher than the national average, and it boasts an A+ health rating.

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Happy and content

I have been a customer of Legacy Bank for almost 25 years (although there have been several mergers and combination of names), I have maintained through them a checking account, a savings account, and a line of credit account. During the past 25 years I have never had to pay a single fee (except for interest on the line of credit). There has never been an error on a single statement, every time I walk in the door I am greeted with a smile, and their website is intuitive and secure. These guys are great and I can't recommend them enough.

Old Reviews

Posted by: txlegacy | Dec 24, 2015

LegacyTexas Bank was formed at the end of 2014 and changed names early 2015. View Point and other banks where acquired by LegacyTexas. If you are looking at reviews on this site for LegacyTexas and the date is prior to 2014, then the reviews are not actually about LeqacyTexas. For me, it has been the best bank I have dealt with. I have had accounts a Chase, BOA, before that NationsBank, WellsFargo, Frostbank (another great bank), 1stcb and a few others. My wife and I just finished a completing a chapter 13 and were able to get 4.0% on an auto loan for 16K. No other bank would work with us. We received personal service. I would rate this bank perfect for everything I have ever used them for. And keep in mind reviews prior to 2014 are not for LegacyTexas.

Absolute Checking Rate Dropped Again

Posted by: aezalpha | Jul 31, 2012

I've never had any trouble with the bank itself...always encounter friendly and helpful staff at the branch.  However, the interest rate dropped for the 3rd time since we've been customers in September 2010.  We started out with 4%...and it just dropped to 1% this month (no warning at all, just an update to the website).

Worst Bank Ever

This bank, since the merge of Viewpoint and Legacy Texas, has been horrible. Most of the ATMs don't work. I made a deposit into my account via ATM and then transferred that money to my savings (since for some reason I don't have "access" to my savings account from the ATM). The next day I looked in my account and it said that I had -$130.00 in my account. I called Legacy Texas and told them what happend and they said that since I put the money in by an ATM the money isn't made available until the next day or maybe later. So when I transferred that money into my savings they charge me a $35 overdraft fee. Don't bank with them. Better go with chase. Viewpoint was much better



Health Grade Components

FDIC Certificate #58006
Year Established2006
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.29%
Return on Equity - YTD11.55%
Annual Interest Income$240.0MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$8.44B$6.88B
LoansQ3 2016vs Q3 2015$7.07B$5.63B
DepositsQ3 2016vs Q3 2015$6.16B$4.78B
Equity CapitalQ3 2016vs Q3 2015$956.0MM$776.5MM
Loan Loss AllowanceQ3 2016vs Q3 2015$57.3MM$36.4MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$41.1MM$62.7MM
Real Estate OwnedQ3 2016vs Q3 2015$13.4MM$4.6MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

LegacyTexas Bank (TX) Savings Account Rates

0.10%*$250k*-Health Savings Account
OTHER TIERS: 0.05% $5k - $250k
0.05%--Basic Savings
0.05%--Kid's Club Savings
0.05%$250-IRA Savings
0.05%--Business Savings
0.05%$250-CESA Savings

LegacyTexas Bank (TX) Money Market Rates

0.50%*$5m*-Premier Money Market Savings
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $100k | 0.25% $100k - $250k | 0.35% $250k - $1mm | 0.40% $1mm - $5mm
0.25%*$5m*$25mBusiness Premier Money Market Savings
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k | 0.15% $25k - $250k | 0.20% $250k+
0.20%*$100k*-Business Money Market Savings
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $50k | 0.15% $50k - $100k
0.15%*$250k*-Money Market Checking
OTHER TIERS: 0.02% $100 - $2,500 | 0.05% $2,500 - $7,500 | 0.10% $7,500 - $250k
0.15%*$25k*-Money Market Savings
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $25k

LegacyTexas Bank (TX) Checking Account Rates

1.00%*-$25kMaximum Checking - Qualifying
OTHER TIERS: 0.25% $25k+
1.00%*$100*$25kAt Work Checking
OTHER TIERS: 0.25% $25k+

LegacyTexas Bank (TX) CD Rates

1.00%$1k-60 Month Regular CD
1.00%$1k-Business 60 Month Regular CD
0.85%$1k-120 Month Regular CD
0.85%$1k-Business 120 Month Regular CD
0.55%$1k-48 Month Regular CD
0.55%$1k-Business 48 Month Regular CD
0.45%$1k-36 Month Regular CD
0.45%$1k-Business 36 Month Regular CD
0.35%$1k-24 Month Regular CD
0.35%$1k-Business 24 Month Regular CD
0.30%$1k-18 Month Regular CD
0.30%$1k-Business 18 Month Regular CD
0.25%$1k-12 Month Regular CD
0.25%$1k-Business 12 Month Regular CD
0.15%$1k-6 Month Regular CD
0.15%$1k-Business 6 Month Regular CD
0.10%$100-12 Month Regular Start-Up CD
0.10%$100-Business 12 Month Regular Start-Up CD
0.05%$1k-3 Month Regular CD
0.05%$1k-Business 3 Month Regular CD

LegacyTexas Bank (TX) IRA Rates

1.00%$1k-60 Month IRA
0.85%$1k-120 Month IRA
0.55%$1k-48 Month IRA
0.45%$1k-36 Month IRA
0.35%$1k-24 Month IRA
0.30%$1k-18 Month IRA
0.25%$1k-12 Month IRA
0.15%$1k-6 Month IRA
0.10%$100-12 Month IRA Start-Up
0.05%$1k-3 Month IRA

LegacyTexas Bank (TX) has 46 locations. Click to view all LegacyTexas Bank (TX) locations.