BankTexas receives “five-star” financial soundness rating in independent study

A recent independent review¹ of Texas banks gave BankTexas “five-stars” for financial soundness.  The study, performed by BauerFinancial and published in D Magazine, graded all banks from one to five stars based on financial data obtained from the FDIC.

Five-star banks are described as “superior” based on their tangible capital ratio, risk-based capital ratio, nonperforming assets as a percentage of total assets, among other metrics.

In addition to the stability of BankTexas, customers’ deposits are backed by the full faith and credit of the United States government through the FDIC.  The FDIC insures all deposits up to $250,000 per depositor, with greater coverage available for certain account types and structures. 

For more information, see:

• FDIC Fact Center »

• CEO Troy Robinson’s recent letter to customers regarding the stability of BankTexas and community banks in general »

^{1 “How Safe is Your Bank?,” D Magazine, 7/21/2008.}