Texas Bank

Texas Bank has a commercial checking account to fit every business, small or large.

Non-interest Earning Commercial Checking Accounts:

Regular Checking

Econo Checking

Interest Earning Commercial Checking Accounts:

Checking Plus (NOW) Account

Money Market Fund Account

Passbook Savings Account

Rate Information For All Interest Bearing Checking Accounts

At our discretion, we may change the interest rate on your account. Interest will be compounded every month. Interest will be credited to your account every month. We use the daily collected balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual Of Interest Of Noncash Deposits

Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). We may require not less than 7 days notice in writing before each withdrawal from an interest bearing account other than a time deposit.

Regular Checking

A minimum initial deposit of $300.00 is required.

Econo Checking

A minimum initial deposit of $300.00 is required.
No maintenance of analysis charge above the $0.35 per posted check will be charged.

Econo Checking offers an economical alternative to customers who do not anticipate a high activity account.

Checking Plus (NOW)

A minimum initial deposit of $300.00 is required.
A competitive rate of interest will be paid on your collected ledger balances regardless of balance.
A maintenance fee of $7.00 will be imposed every statement cycle if the balance in the account falls below $1500.00 any day of the cycle, additionally, after the first 25 debits have been posted to the monthly account, there will be a charge of $0.25 per debit.

Checking Plus (NOW) is offered on personal accounts, not-for-profit accounts, and certain other specifically eligible accounts.

Money Market Fund Accounts

Money Market Account (Tiered Account)

A minimum initial deposit of $2500.00 is required.
Interest earned varies depending on daily account balance.*
If your account balance falls below $2500.00, you will earn the Passbook Savings rate.

*See a new accounts representative for tier and rate information.

Transaction Limitations

Transfers from any Money Market Fund Account to another account or to third parties by pre-authorized, automatic, or telephone transfers are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties.

Savings Account

A minimum initial deposit of $100.00 is required.
A service charge of $1.00 will be imposed every statement cycle if the balance falls below $100.00 on any day of the cycle.
A per item fee of $1.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six during the quarter.
Interest will be compounded and credited to your account every quarter.

Member FDIC

Equal Housing Lender