Classic Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.51% | Reward Checking | Reward Checking 1.84% - National Average |
| 0.15% | Savings | Statement Savings Account |
| 0.20% | Money Market | Money Market Account 0.90% - Ally Bank Money Market Account |
Classic Bank is headquartered in Cameron and is the 181st largest bank in the state of Texas. It is also the 2,064th largest bank in the nation. It was established in 1889 and as of June of 2017, it had grown to 83 employees at 6 locations. Classic Bank has a B+ health rating.
Good Bank, But...
I have had an rewards checking account at Classic Bank for 5-6 years and the customer service has been great, however they continue to lower the interest rate. Lately they have been lowering the interest rate almost monthly without any prior notice to customers with Rewards Checking accounts. I have taken most of my money out about a month ago, and will close my account as soon as I can insure that all my direct deposits and Auto Pays have been switched to my new bank that pays 5%.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3126 |
| Year Established | 1889 |
| Employees | 83 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 12.29% |
| Annual Interest Income | $6.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $324.5MM$304.3MM |
| Loans | Q2 2017vs Q2 2016 | $214.5MM$192.1MM |
| Deposits | Q2 2017vs Q2 2016 | $282.2MM$261.5MM |
| Equity Capital | Q2 2017vs Q2 2016 | $30.3MM$29.9MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $3.5MM$3.4MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $4.3MM$3.2MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $1.2MM$1.3MM |
Always verify rates and promotions with the bank or credit union. We are not Classic Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Classic Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $500 | - | Statement Savings Account | |
| 0.15% | $100 | - | Minor Savings Account |
Classic Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $2,500 | - | Money Market Account |
Classic Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.51%* | - | $15k | Reward Checking | ||
| OTHER TIERS: 0.50% → $15k+ | |||||
| 0.10% | - | - | Classic Interest Checking | ||
| 0.05% | - | - | Safelink Checking | ||
| Classic Bank Locations | ||
|---|---|---|
| Classic Bank, National Association | 102 North Houston Street | Cameron, TX 76520 |
| Liberty Hill Branch | 12251 West State Highway 29 | Liberty Hill, TX 78642 |
| Cameron Branch | 1707 West Cameron | Rockdale, TX 76567 |
| Rosebud Branch | 198 W Ave B | Rosebud, TX 76570 |
| Classic Bank, National Association Branch | 493 Highway 71 W | Bastrop, TX 78602 |
| Giddings Branch | 825 East Austin | Giddings, TX 78942 |