Business Banking

Business Checking (Non Interest Bearing)

  • Minimum deposit of $500.00 to open account.
  • Monthly maintenance fee of $12.00 (This will vary based on the analysis of account)
  • Analysis of the account will earn credit based on your average collected balance. This credit may offset the monthly maintenance fee.

Basic Business Checking (Non Interest Bearing)

  • Minimum deposit of $500.00 to open account
  • Monthly maintenance fee of $15.00 (waived if the average daily balance does not fall below $5,000.00 during statement cycle)
  • Ideal for businesses that have a low number of transactions

Business Now Checking (interest bearing)

  • Minimum deposit of $500.00 to open this account
  • Monthly maintenance fee of $10.00 if the average daily balance falls below $1,500.00

Hospitality Checking Account (Non Interest Bearing)

  • Minimum deposit of $500.00 to open account
  • Made for operating accounts for the hospitality industry
  • No maintenance fees
  • Up to $150.00 per year for check printing reimbursement
  • Free incoming and outgoing wire transfers
  • Free cashier's checks and money orders

Business Money Market Checking (Interest Bearing)

  • Minimum deposit of $100,000 to open this account
  • Monthly maintenance fee of $20.00 if the average daily balance falls below $25,000.00

Business Jumbo Money Market Account (Interest Bearing)

  • Minimum deposit of $100,000.00 to open this account
  • Monthly maintenance fee of $20.00 if average daily balance for the statement cycle falls below $25,000.00
  • Allowed 6 preauthorized transactions per month

Business Savings Account (Interest Bearing)

  • Minimum deposit of $100.00 to open this account
  • Monthly maintenance fee of $7.00 if the average daily balance falls below $200.00
  • One of the most secure ways to earn interest on your investment, a CD lets you earn interest while keeping your investment safe.
  • State Bank of Texas offers CDs in terms from 3 Months to One Year at competitive rates.
  • Minimum deposit of $1,000 to open
  • Penalties may be imposed for early withdrawals
  • Contact a New Accounts Representative at any of our locations for your CD options and rate information.

State Bank of Texas is a privately held, independent bank that specializes in commercial real estate and hospitality lending around the nation. The bank has total assets of over $620 million and a loan portfolio of over $330 million in the hospitality segment lent to franchised and independent properties across the nation.

Our level of expertise can bring value to your project by streamlining a normally complex process. When dealing with our bank, you deal directly with the decision makers, who themselves are experienced hoteliers. Your loan application can be processed in as little as one week, and we can close under tight time constraints.

Our loan committee and directorship is comprised of hoteliers with a combined 150 years of experience in the hotel industry and who collectively own over 175 hotels across the country. In addition, the bank has developed an extensive network of professionals in the lodging industry to which we would be glad to make introductions to assist you in the process.

TRANSACTION:

  • Loan Amount: Maximum of $13.0 million. Up to $25.0 million through syndication network.

PROPERTY TYPES:

  • Location: Primary and Secondary U.S. Market Locations
  • Class: Economy to Luxury; Limited Service, Full Service, and Independent
  • Brands: All Major Franchises and Independents

STRUCTURE:

  • LTV: Up to 75% of Actual Value
  • Type: Conventional and SBA
  • Index: New York Prime
  • Pricing: Based on equity injection, borrower, LTV, and franchise/independent
  • Term: 1 to 5 years
  • Prepayment: Various

APPROVAL PROCESS:

You will receive an answer to your conditional loan request within three business days.

OTHER BUSINESS LOANS:

Here at State Bank of Texas, we have the flexibility to be really creative with our deals and structure them in a way that no other bank can. Our experienced loan officers will create a way to make your loan request work.

Internet Banking

  • Check your account balances at any time of the day from your computer.
  • Transfer funds from one account to another without coming to the bank.
  • Download transaction details.
  • View copies of deposits and checks.
  • All secure, 24 hours a day.
  • And, it is all FREE!

Bill Pay

  • Pay all of your bills from one convenient location any time of the day.
  • Setup recurring bill payments, view pending payments and see reminders.
  • Enrollment in Internet Banking required.
  • And, it is all FREE!

eStatements

  • More secure and faster than regular mail.
  • No need to save even more paper.
  • Save eStatements to your PC for future reference.
  • And, it is all FREE!

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