Local Banks in Austin, TX

Savings for retirement, a vacation or a rainy day – whatever you use your savings for, we’re here to help.

Savings

This popular, traditional account offers an investment tool for anyone who would like to earn interest on their money without a high balance requirement or liquidity limitations. With a Regular Savings account, your funds are always available to you, day or night, through the ATM.

Account Details:

• Minimum Opening Balance of $250
• Interest-Bearing Account ¹
• Minimum daily balance to avoid service charge: $250 ²

Premier Money Market

Save more and earn more with the Premier Money Market account. You'll be able to earn an attractive interest rate and still be able to write a few checks each month.

Account Details:

• Minimum Opening Balance of $2,500
• Interest-Bearing Account¹
• Minimum daily balance to avoid service charge: $2,500²

Certificates of Deposit

Get the best of both worlds—flexible terms and higher interest rates with our Certificate of Deposit accounts. Whether you’re investing for a few weeks or five years, this account can handle it. Come in to one of our locations or call us for various terms and rates. You can begin the application process for one of our standard CDs by using the Apply Now button. To apply for the online special, use the Online Special button.

• Minimum Opening Balance of $1,000
• Interest-Bearing Account¹
• Investment terms ranging from 7 days to 5 years
• May incur penalties for early withdrawal
• Online special is a 12 month CD with a rate of 2.35% (APY is 2.37%) and a minimum opening balance of $1,000

IRA's

If you think saving for retirement isn’t a priority, think again. Whether you’re working your first job or your twentieth, we want to help you plan for the road ahead. Don't know where to start? Come see us - that's what we're here for!

• Minimum Opening Balance of $500
• Interest-Bearing Account¹
• Investment terms ranging from 3 months to 5 years
• May incur penalties for early withdrawal

Quick credit score decisions as well as neighborhood possession integrated with personal service and reinvestment in the community are among the top reasons to select an area bank over a large, industrial financial institution.

" When it pertains to fundings, decision manufacturers are on-site, accessible and also all set to aid customers via the lending procedure swiftly and efficiently," states one bank agent. "They're devoted to knowing their consumers' individual situations and advising service or products that are tailored to those particular requirements."

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According to the Independent Neighborhood Bankers of America (ICBA), there are almost 7,000 community banks across the United States. Located in small country towns, suburb as well as large-city neighborhoods, they improve this country's general economic climate and also neighborhoods by lending to neighborhood clients and also moneying virtually 60% of all small businesses under $1 million.

Not just do consumers have a broad selection of product or services to pick from when they use a smaller bank, yet they also take advantage of a number of other benefits. These consist of:

Individual solution: When customers call their neighborhood community bank, they will not be speaking with someone midway around the world. Instead, they'll be speaking with a lender who stays and operates in the very same area they do. Commonly, long-term relationships create in between these institutions and their customers. Smaller regional financial institutions often serve a number of generations of families. These long-standing connections aid to grow deep bonds of depend on between area lenders and also their clients.

Positive regional financial influence: Neighborhood financial institutions lend in your area, where their consumers live and function, and this helps maintain regional areas dynamic as well as growing. In addition, they direct the majority of their car loans to the neighborhoods where their depositors live. This is another important stimulant for keeping neighborhood neighborhoods healthy and balanced. "An area bank is a microcosm of the health and wellness of the neighborhood it's doing business in," states one local financial institution vice-president. "If the neighborhood financial institution is struggling, the community is additionally struggling."

Tax obligation income: Because community financial institutions pay federal, state and local tax obligations, they are a crucial supporter of their community's neighborhood infrastructure, according to the ICBA.

Relationships and know-how: Since community lenders live and also operate in the exact same areas as their consumers, they comprehend their neighborhood market as well as the ups and also downs of financial cycles in their neighborhood. Lenders at smaller sized financial institutions are also most likely to consider good character and family history when making decisions versus making judgments simply by considering numbers on a computer system spread sheet or credit score record. At a smaller, regional financial institution, loyalty is highly valued.

Expense financial savings: According to the ICBA, research study has actually shown that ordinary costs for examining accounts as well as various other depository solutions are lower at community financial institutions than big, multi-state establishments.

Area participation: Community banks are usually among the very first services in an area to fund a softball team, contribute money and time to regional charities and also triggers or to meet various other demands as they arise. Bankers at smaller sized banks are typically committed to assisting their next-door neighbors, consequently making their local communities a better place to live.

The next time you're intending to open a brand-new savings or checking account or require a home loan, auto loan or home-equity car loan, consider making use of a smaller, neighborhood bank.