Founded in 1972, Dallas Capital Bank has $792 million in assets along with deposits totaling $472 million, ranking it as a medium-size bank. Dallas Capital Bank, whose headquarters are in Dallas, Texas, lacks premium access to customer service, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with in-person service, in addition to its online and mobile apps. We ranked the bank at a 3.7 out of 5 stars, indicating that Dallas Capital Bank is an acceptable bank choice, but may leave you wanting more. Dallas Capital Bank provides customers with a variety of product offerings, including savings accounts, checking accounts, CDs, mortgage products and credit cards. Dallas Capital Bank has a fair savings rate compared to the average savings account. Locating a checking account with no monthly fee, in addition to a savings account with a high APY at the same institution is your best bet for returning the most income from your deposits alongside convenient access to your money.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
With a savings rate of 0.10%, Dallas Capital Bank ranks poorly compared to the national average. Its one-year CD earns at a rate of 1.60% and the five-year CD earns at a rate of 2.75%, while its highest-yielding money market account earns at a rate of 0.40%. Given Dallas Capital Bank's below average savings rate, you should think about other options to earn more on your deposits.
How Dallas Capital Bank's Savings Rates Compare
There is insufficient data on Dallas Capital Bank's fees to provide a full SmartAsset rating.
Dallas Capital Bank is a brick-and-mortar bank, with one total branches in Texas. With mobile and web apps, Dallas Capital Bank makes mobile banking convenient, even on the go. You can access Dallas Capital Bank's mobile app to control your bank accounts by reviewing account balances, sending and receiving money and accessing customer service. Dallas Capital Bank receives an outstanding consumer satisfaction score based on relatively few complaints reported to the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.
Dallas Capital Bank is a medium-size bank and owns assets totaling $792 million as well as $472 million in deposits. Dallas Capital Bank's Texas Ratio is 0.48%, suggesting a low likelihood of failure. Additionally, Dallas Capital Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
Texas Ratio Analysis
The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.Back to Overview
Compare Dallas Capital Bank to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.1% APY||$100|
|Checking Account||0.01% APY||$1|
|Certificates of Deposit|| ||$250 for all terms|
|Money Market Account||0.35% APY||$1000|
Dallas Capital Bank has several deposit products like savings accounts, checking accounts and CDs that provide you with many options to manage your money. Dallas Capital Bank does not have the best savings rate, which means you should think about looking elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Dallas Capital Bank's CD rates are fair in comparison to other U.S. banks.Back to Overview
Find a Dallas Capital Bank Near Me
Dallas Capital Bank has one branches across the U.S.Back to Overview