Allegiance Bank Texas is participating in the FDIC's Transaction Account Guaranty Program. Under that program, all non-interest bearing transaction deposit accounts are fully guaranteed for the entire amount in the account. This unlimited insurance coverage will remain in effect through December 31, 2009 for all participating FDIC-insured institutions.
Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules, each depositor is insured to at least $250,000.00 through 12/31/2013.
At Allegiance Bank Texas protecting you and your money is our priority.
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News and Announcements
03/27/2009
Allegiance Bank Texas is happy to announce the opening of our new Heights office located at 2222 North Durham Drive.
Allegiance Bank Texas offers Remote Capture that allows you to take your check payments and deposit them to your Allegiance Bank Texas account without leaving your office. See how it works >>
CDARS
You’ve worked hard for your money, now let it work for you. CDARS is a Certificate of Deposit Account Registry program and the most convenient way to enjoy full FDIC coverage for deposits up to $50 million with Allegiance Bank Texas. To learn more about the CDARS program and how it works click here www.cdars.com.
1 The Annual Percentage Yield (APY) is accurate as of 7/4/2009. The interest rate on the certificate is 1.49%. This is a promotional interest rate that applies only to new CDs with a 13-month term. This promotional interest rate applies only to the initial CD term. Upon renewal of the CD, our then standard interest rate for standard CDs with that amount and term apply. We may change this promotional interest rate at any time without prior notice. The minimum balance required to open a Raise the Rate CD is $25,000. Alternative terms are not allowed. Customers must be opening a new DDA to receive the promotional product. Your account is covered by FDIC insurance to the maximum allowed by law. We reserve the right to require at least seven days prior written notice of your intended withdrawal.
As a benefit we offer our customers free usage with their Allegiance Bank Texas debit card. Use your card at any bank or ATM machine and we will refund the fees back to you! Our Bellaire, Heights and West Belt offices have ATMs available to serve your banking needs.
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