Dallas Capital Bank Review

Overview

Dallas Capital Bank started in 1972 with its headquarters in Dallas, Texas. It owns assets of $792 million as well as deposits totaling $472 million, ranking it as a medium-size bank. Dallas Capital Bank 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 gave the bank a 3.7 stars out of 5, indicating that Dallas Capital Bank is an average bank that leaves room for improvement. Dallas Capital Bank offers a variety of product offerings, which include savings accounts, checking accounts, CDs, mortgage products and credit cards. It has a fair savings rate compared to the average savings account. Finding a checking account with no monthly fee and a savings account with a high APY at the same bank is the best option for gaining the most income on your deposits while having easy access to your funds.

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 in comparison to the national average. Its one-year and five-year term lengths CDs earn at a rate of 2.20% and 2.80%, respectively, while its highest-yielding money market account earns at an APY of 0.75%. Given Dallas Capital Bank's poor savings rate, you should think about taking a look at other banks for savings accounts.

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 bank locations in Texas. With mobile and web apps, Dallas Capital Bank makes account access straightforward, even on the go. Dallas Capital Bank's mobile app allows you to control your bank accounts by monitoring account balances, sending and receiving money as well as reaching customer service. Dallas Capital Bank gets a superb consumer satisfaction rating based on comparatively few complaints reported to the Consumer Financial Protection Bureau (CFPB), a government financial agency that protects consumers in the financial sector.

Dallas Capital Bank is currently a medium-size bank with $792 million in assets and $472 million in deposits. Its Texas Ratio is 0.48%, indicating a low possibility 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.

Products Offered

Dallas Capital Bank has several deposit products including savings accounts, checking accounts and CDs to give you many options to manage your money. Dallas Capital Bank does not have the best savings rate, which means you should consider 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 the national average.

Find a Dallas Capital Bank Near Me

Dallas Capital Bank has one branches across the U.S.