Texas Capital Bank

Headquarters

2000 Mckinney Ave
Dallas, TX 75201
See all branch locations →

Phone 214.932.6600

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 4.80% →
2-Year CD N.A. 4.25% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

Reviewed by 6CellBattery | August 26, 2023 |

I have no issues with Bask Bank nor Texas Capital Bank. They provide good apy on savings and CD's, bank to keep funds secured so yes they do have strict security measures but if you don't like it than go to your local bank that pays 0.01 apy.

Most of the time, the user did something to cause there account to get locked out, like a rapid ach transfer out, well why would you open a savings account than just to transfer it out a month later?! Don't open an online savings account than and you'll be fine.


2024 Overview

General Bank Information

Texas Capital Bank is an FDIC insured institution located in Dallas, TX. It was founded in 1997 and has approximately $29.73 billion in assets. Customers can open an account at one of its 16 branches.

FDIC Insured Yes
FDIC Certificate # 34383
Date Established 1997
Assets $ 29.73 billion
Loans $ 21.55 billion
Deposits $ 23.97 billion
Capital $ 3.39 billion
 

For a more detailed analysis of Texas Capital Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

Online Only Savings Rates of Bask Bank

Online Savings Rates APY MIN MAX
Interest Savings Account
4.65% $0 - Learn More

Online Only CD Rates of Bask Bank

Online CD Rates APY MIN MAX
3 Month CD
4.65% $1,000 - Learn More
6 MONTH
4.45% $1,000 - Learn More
9 Month CD
4.30% $1,000 - Learn More
12 MONTH
4.25% $1,000 - Learn More
18 MONTH
3.90% $1,000 - Learn More
24 MONTH
3.75% $1,000 - Learn More
Checking Rates APY MIN FEE
Capital Checking 0.10% $1,500 $10.00 Learn MoreShow Less
Smart Checking 0.00% $0 $0.00 Learn MoreShow Less
Capital Interest Checking 0.05% $2,500 $12.00 Learn MoreShow Less

Bank Online Offers

Bask's Interest Savings Account Rate is now 0.80% APY
Apr 2, 2022

Bask raised its interest savings account rate from 0.70% to 0.80% APY.


Bask Raises Its Online Savings Rate to 1.25%
May 5, 2022

This is the point where long-time account holders of Bask's AAdvantage program may want to start to seriously thinking about switching over the cash interest.


Bask Bank Raises Online Savings to 2.02% APY
Jul 20, 2022

Bask has raised its online savings rate to 2.02% APY.   As of this moment, this is the highest nationally available online savings rate.


Bank Bank increases Its Online Savings Rate to 2.20% APY
Aug 16, 2022

Bask has raised its online savings rate again.


Bask Bank Raises Online Savings to 2.53% APY
Sep 12, 2022

Bask has raised its online savings rate by 33 BPS on September 12, 2022.


Bask Bank Raises Its Online Savings Rate to 2.75%
Sep 22, 2022

Bask Bank has raised its online savings rate from 2.53% to 2.75% in the aftermath of the Fed's move to raise the Fed Funds over 3%.


Bask Bank Raises Its Online Savings Rate to 3.05%
Oct 13, 2022

The bank has raised its online savings rate from 2.75% to 3.05% APY this morning.


Bask Bank's Online Savings Rate is Now 3.60% APY; CDs also Raised
Nov 4, 2022

Bask has raised its online rate to 3.60%.   Its 6-month CD is at 4.00% and its 12-month CD is at 4.10%.


Bask Bank Raises Its Online Savings Rate to 3.85%
Nov 30, 2022

Bask Bank has raised its online savings rate from 3.60% to 3.85% APY today.


Bask Bank Raises Its Online Savings Rate to 4.03% APY
Dec 13, 2022

Bask Bank has raised its online savings rate to 4.03% APY this morning.   It had previously been at 3.85%.


Bask Bank Raises Online Savings to 4.25% APY
Feb 4, 2023

Bask Bank's rate had previously stood at 4.15% APY.

Bask Bank also raised its 6-month and 12-month CD rate to 4.45% and 4.55%, respectively.


Bask Bank Raises Online Savings Rate to 4.35% APY
Mar 13, 2023

Bask Bank has raised its online savings rate by 10 basis points today.


Bask Bank Raises Interest Savings Rate to 4.45% APY
Mar 20, 2023

Bask raised its interest savings rate today by 10 basis points to 4.45% APY.

It also raised its 6-month and 12-month CD rates to 4.85% APY and 4.70% APY, respectively. 

 


Bask Bank Raises Interest Savings Rate to 4.65% APY
Apr 12, 2023

Bask has raised its online savings rate by 20 basis points today.


Bask Raises Its Online Interest Savings Account by 10 basis points to 4.75% APY
Apr 27, 2023

Bask has raised its interest savings account to 4.75% APY.

Even for those valuing American Airlines miles highly, this rate is more superior to earning 2 AA miles per dollar per year in its mileage savings account.


Bask Bank Raises Interest Savings Rate to 5.00% APY
Jul 31, 2023

Bask Bank has raised its interest savings rate from 4.85% to 5.00% APY.

Bask's mileage savings program now offers 2.50 AA miles per year per dollar on deposit, and offers a 20,000 point bonus for $50,000 on deposit for more than 180 days.


Bask Bank Raises Its Online Interest Savings Account by 10 basis points to 5.10% APY
Oct 18, 2023

Bask continues to be a rate leader on the savings side and now offers an online rate slightly above many other well-known online banks.


Bask Lowers Its CD Rates
Aug 1, 2024

Bask Bank has lowered its CD rates slightly.   Its 12-month rate now stands at 5.25% APY and its 6-month rate now stands at 5.30% APY.   

These rates are still very attractive compared to Treasurys, especially for those residing in states without state income tax.

 


Bask Bank Slashes CD Rates
Sep 9, 2024

Bask Bank has slashed its CD rates.

Its 18-month and 2-year CDs had been market leading until today.   The 18-month was lowered from 4.90% to 4.75% APY.   The 2-year fell from 4.75% to 4.50% APY.   All other terms were lowered as well.

Bask Bank entered the market several years ago by offering savings accounts that pay interest in the form of American Airlines miles.  While Bask's mileage savings account has not be interesting for some time, it sure seems we might be going back to an interest rate environment were it becomes worthy of consideration.

 



Loan Rates - November 21, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Texas Capital Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Monthly
Payment
Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.494% 6.375%
0.88 points
$4,010 fees
$1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.955% 6.875%
0.63 points
$2,594 fees
$2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.325% 7.250%
0.75 points
$2,400 fees
$2,183 Learn More
FHAloans.com
NMLS ID: Not a Lender

points
fees
Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR 7.240 %
After Intro: 7.240 %
$0 Learn More
More Info

Note to Texas Capital Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Texas Capital Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio



Climate Policy and Initiatives


Texas Capital Bank is a significant funding source for the oil and gas industry and has no climate action plan.

Updated April 3, 2024


Climate Score: D

In spite of its location in Austin, the bank has not financed any renewable energy project, has no climate action plan and remains a significant funding source for the oil and gas industry.


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Financial Details

Texas Capital Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Texas Capital Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Texas Capital Bank U.S. Bank Average
2.34% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Texas Capital Bank had $85,371,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,388,324,000 in equity and $267,297,000 in loans loss reserves. That gives it a Texas Ratio of 2.34%.

Return on Equity
Texas Capital Bank U.S. Bank Average
4.68% 10.46%

Texas Capital Bank has a Return on Equity of 4.68% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Texas Capital Bank U.S. Bank Average
11.4% 10.84%

Texas Capital Bank has a Capitalization of 11.4% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Texas Capital Bank Balance Sheet Analysis

As of June 30, 2024, Texas Capital Bank had assets of $29,733,816,000, loans of $21,548,218,000, and deposits of $23,972,045,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 2.90 billion
Interest-bearing balances $ 2.69 billion
Total securities $ 4.35 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 21.55 billion
Loan loss allowance $ 267.30 million
Trading account assets $ 11.29 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 2.02 million
All other assets $ 544.25 million
     Total Assets $ 26.35 billion
LIABILITIES
Total deposits $ 23.97 billion
      Interest-bearing deposits $ 15.83 billion
      Deposits held in domestic offices $ 23.97 billion
      % insured (estimated) 59.91%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 72.16 million
Other borrowed funds $ 2.91 billion
Subordinated debt $ 174.59 million
All other liabilities $ 328.29 million
      Total Liabilities $ 26.35 billion
      Shareholders’ Equity $ 3.39 billion

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 840.44 million
Total Interest Expense $ 395.82 million
Net interest income $ 444.62 million
Provision for loan and lease losses $ 39.00 million
Total non interest income $ 89.87 million
Total non interest expense $ 388.17 million
Pre-tax Net Operating Income $ 116.46 million

Bank Loan Profile?

The top three loan types in Texas Capital Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Texas, Texas Capital Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 1.61
Multifamily
Mortgages
2.63
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.34
Construction and Development Loans 8.38
Commercial Real Estate 10.15
Commercial and Industrial Loans 44.72
Farm Loans 0.02

Customer Reviews for Texas Capital Bank


  • August 26, 2023 |

    I have no issues with Bask Bank nor Texas Capital Bank. They provide good apy on savings and CD's, bank to keep funds secured so yes they do have strict security measures but if you don't like it than go to your local bank that pays 0.01 apy.

    Most of the time, the user did something to cause there account to get locked out, like a rapid ach transfer out, well why would you open a savings account than just to transfer it out a month later?! Don't open an online savings account than and you'll be fine.

  • September 21, 2022 |

    I opened an account with Bask, a subsidiary of Texas Capital Bank, funded the account, and several days later, Bask "disabled" my account without notifying me or providing any explanation. In other words, they held my account funds hostage for weeks. Only after I initiated an FDIC investigation, did Bask make an effort to communicate. Bask never disclosed as to why they shut me out of my account. Don't do it! Bask, a subsidiary of Texas Capital Bank, is a despicable institution: not worth the risk or the stress.


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