AccessBank Texas

Headquarters

320 W. Eagle Drive, Suite 100
Denton, TX 76201
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.40% →
1-Year CD 0.80% 1.15% →
2-Year CD 1.00% 1.26% →
5-Year CD 1.20% 2.25% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

AccessBank Texas is an FDIC insured institution located in Denton, TX. It was founded in 2007 and has approximately $0.47 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 58562
Date Established 2007
Assets $ 468.20 million
Loans $ 325.33 million
Deposits $ 417.30 million
Capital $ 49.12 million
 

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

Deposit Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $100 - Learn More
Money Market
0.10% $1 $24,999 Learn More
Money Market
0.20% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn More
6 Mo CD
0.30% $1,000 - Learn More
12 Mo CD
0.80% $1,000 - Learn More
18 Mo CD
0.90% $1,000 - Learn More
24 Mo CD
1.00% $1,000 - Learn More
36 Mo CD
1.00% $1,000 - Learn More
48 Mo CD
1.10% $1,000 - Learn More
60 Mo CD
1.20% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.80% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $24,999 Learn MoreShow Less

Loan Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for AccessBank Texas

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

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

Branches

AccessBank Texas 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:
Fairfield,Connecticut


AccessBank Texas Locations


Financial Details

AccessBank Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of AccessBank Texas. 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
AccessBank Texas U.S. Bank Average
14.22% 6.51%

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 December 31, 2019, AccessBank Texas had $7,507,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $49,116,000 in equity and $3,676,000 in loans loss reserves. That gives it a Texas Ratio of 14.22%.

Return on Equity
AccessBank Texas U.S. Bank Average
5.98% 9.41%

AccessBank Texas has a Return on Equity of 5.98% versus the BestCashCow average of 9.41%. 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
AccessBank Texas U.S. Bank Average
10.49% 12.82%

AccessBank Texas has a Capitalization of 10.49% versus the BestCashCow average of 12.82. 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.

AccessBank Texas Balance Sheet Analysis

As of December 31, 2019, AccessBank Texas had assets of $468,196,000, loans of $325,328,000, and deposits of $417,304,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 33.68 million
Interest-bearing balances $ 30.81 million
Total securities $ 47.75 million
Federal funds sold and reverse repurchase $ 40.55 million
Net loans and leases $ 325.33 million
Loan loss allowance $ 3.68 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.40 million
All other assets $ 10.38 million
     Total Assets $ 419.08 million
LIABILITIES
Total deposits $ 417.30 million
      Interest-bearing deposits $ 313.09 million
      Deposits held in domestic offices $ 417.30 million
      % insured (estimated) 60.44%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.78 million
      Total Liabilities $ 419.08 million
      Shareholders’ Equity $ 49.12 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 18.28 million
Total Interest Expense $ 4.15 million
Net interest income $ 14.13 million
Provision for loan and lease losses $ 0.53 million
Total non interest income $ 1.61 million
Total non interest expense $ 12.36 million
Pre-tax Net Operating Income $ 2.85 million

Bank Loan Profile?

The top three loan types in AccessBank Texas’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Texas, AccessBank Texas has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate 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 16.47
Multifamily
Mortgages
5.44
Credit Card Loans 0.26
Consumer Auto Loans 0.68
Small Business Loans 16.63
Construction and Development Loans 13.51
Commercial Real Estate 46.27
Commercial and Industrial Loans 14.48
Farm Loans 0.47

Frequently Asked Questions About Accessbank Texas

Branches and Savings

Is Accessbank Texas FDIC insured?

Yes. It is covered under FDIC Certificate #58562.

Why does Accessbank Texas pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Accessbank Texas CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Accessbank Texas a commercial bank?

Yes

Where are Accessbank Texas locations?

See branch locations nearby.

Is Accessbank Texas open on Saturdays?

Is Accessbank Texas open on Sundays?

What time does Accessbank Texas open?

What time does Accessbank Texas close?

Are Accessbank Texas ATMs Open 24/7?

Do Accessbank Texas ATMs accept cash deposits?

Can Accessbank Texas customers use other ATMs?

Do Accessbank Texas branches have notaries?

Will Accessbank Texas notarize my document?

What address for Accessbank Texas should I put for incoming ACH transfers?

Will the Accessbank Texas branch print checks?

Do Accessbank Texas checks expire?

Does Accessbank Texas require US citizenship to open account?

Can Accessbank Texas close my account?

Does Accessbank Texas Report to credit bureaus?

Does Accessbank Texas Use Equifax?

What is Accessbank Texas's ACH Routing Number?

What is Accessbank Texas's SWIFT code?

Products

Does Accessbank Texas offer mortgages?

Compare mortgage rates here.

Does Accessbank Texas offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Accessbank Texas offer personal loans?

Compare personal loan rates here.

Does Accessbank Texas offer student loans?

Will Accessbank Texas cash a check?

Will Accessbank Texas redeem a savings bond?

Does Accessbank Texas cash savings bonds?

Will Accessbank Texas cash money orders?

Can Accessbank Texas issue a money order?

Does Accessbank Texas do currency exchange?

Background on The Bank

Who owns Accessbank Texas?

How long has Accessbank Texas been around?

Can Accessbank Texas transfer to other banks?

Does Accessbank Texas have quick pay?

Does Accessbank Texas accept rolled coins?

Will Accessbank Texas accept loose change?

Where is Accessbank Texas headquarters?

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