*APY: Annual Percentage Yield. **Minimum deposit $50,000 for Certificates of Deposit (CDs). This CD is a fixed rate certificate for the full 12-month term. This offer is for a limited time only, so call or visit our website to open your CD today! Fees, withdrawals, and penalties could reduce the earnings on the account. Interest is paid monthly via ACH or added back at maturity. **Call for rates and APY on additional minimum balances.**
*Annual Percentage Yield is accurate as of posting date and applies to new money deposits only. Rate is subject to change without notice after account opening. Fees and/or withdrawals could reduce the earnings on the account. **$100,000.00 minimum balance required to earn stated rate.
State Bank of Texas consistently ranks among the top performing community banks in the nation with assets under $10 billion, according to the Texas Bankers Association, S&P Global Market Intelligence, and BankRegData.
And with an A+ rating from DepositAccounts.com, it also consistently leads the market nationwide for deposit rates. An impressive annual growth rate on non-brokered deposits, and an ever-expanding loan portfolio, have made State Bank of Texas a healthy and stable bank that continues to grow each year.
Legendary hotelier Chan Patel opened his first hotel in Texas back in 1976. With hard work and perseverance, Patel quickly added 17 more hotels to his successful portfolio.
By 1987, he realized his expertise in the hospitality industry could be utilized to help fund other hoteliers’ ventures. State Bank of Texas, led today by sons Sushil and Rajan Patel, is the largest community bank lender in the hospitality industry – known for fast closings and quick decisions.
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