Available to residents nationwide, State Bank of Texas is offering an attractive 4.65% APY. Definitely continue reading below for everything you would need to know about the attractive account and rate!
Update 2/21/25: The rate has decreased to 4.65% APY from 4.75%.
State Bank of Texas Jumbo Money Market Review
State Bank of Texas (SBT) is headquartered in Dallas, Texas and was founded in 1987. Since then they have grown to 7 locations, offer money market rates that are higher than the national average, and they have an A health rating.
I’ll review State Bank of Texas Jumbo Money Market below.
State Bank of Texas Jumbo Money Market Rate
To earn State Bank of Texas’s competitive rate, simply have an opening deposit of $100,000. That’s all it takes and you’ll get to enjoy earning rate on all balances.
- What you’ll get: 4.65% APY
- Eligible account: Jumbo Money Market
- Credit Inquiry: Unknown
- Where it’s available: Nationwide
- Opening Deposit: $100,000
- Monthly fee: $20; waivable
- Early Termination Fee: None Listed
(FDIC Insured)
| CIT Bank Platinum Savings ($225/$300 Bonus + 4.10% APY). | Discover® Online Savings (Up to $200 Bonus + 3.70% APY) |
| SoFi Checking & Savings ($325 Bonus + 3.80% APY) | Harborstone Credit Union Money Market (4.30% APY) |
How to Earn State Bank of Texas Rate
- Open a Jumbo Money Market account with a opening deposit of $100,000
- Earn 4.65% rate applicable to account balances over $100,000
| Balance Requirement | APY Rate |
| $100,000+ | 4.65% APY |
How To Waive Monthly Fee
There is a $20 monthly fee waived if you maintain an average daily balance of $25,000+.
State Bank of Texas Account Features
- Online Services
- Mobile Services
- Banking Services
- Remote Deposit Capture
- Treasury Services
- Foreign Currency Exchange Services
- FDIC Insured
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Conclusion
State Bank of Texas is currently offering a competitive rate on their Jumbo Money Market Account. For those who are not familiar with this offer, it is currently available to residents nationwide.
Let us know about your experience with this bank and comment below.
In addition to the rate from State Bank of Texas, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Check back often to see the latest info on State Bank of Texas Jumbo Money Market.
