Bank Index
TexasBank
Bank · Fort Worth, United States · overall 4.9 / 10
How this 4.9 is built
Average of 6 scored needs: 4.9. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.
Community bank with an active US bank charter, based in Fort Worth
On its own website: “TexasBank in Texas offers competitive term loan rates, business and personal checking accounts, savings accounts, and more. Open an account online today.”
- Regulated by
- FDIC
- Licence confirmed
- yes, on a regulator's own list
- Website
- texasbank.com
Scores, 0 to 10
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet.
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
5.0Lowest fees
The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “A $10 monthly service charge applies if the account balance falls below the required minimum balance” · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
4.0Cross-border payments, FX and multi-currency accounts
Its own business page names SWIFT, so payments can leave the country. The score stops at 4.0 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source
Sources
Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.