First National Bank Texas Review

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First National Bank Texas might be worth exploring if you're planning to First National Bank Texas First National Bank Texas CD — the bank pays solid rates, and in most cases, you'll only need $500 to open a CD. With other bank accounts, you'll want to be mindful of monthly service fees.

Overall Bank Rating

Pros and Cons

Savings

The First National Bank Texas Savings Account works best if you can make a direct deposit of $100 per month or maintain at least $100 in your account daily. Otherwise, you'll have to pay a $5 monthly service fee.

Checking

The First National Bank Texas Power Checking Account might be appealing if you don't have a lot of money to deposit initially. However, you'll want to be careful about potential bank fees that may stack up if you don't meet the requirements to waive them.

If you'd prefer to open a free checking account, check out our guide to the best free checking accounts.

CD

First National Bank Texas pays First National Bank Texas First National Bank Texas CD compared to other brick-and-mortar banks.

You only need $500 to open most of the bank's CD terms. You'll earn a higher rate by depositing at least $50,000, though.

Money Market Account

You might prefer the First National Bank Texas Money Market Account to the bank's savings account if you're able to keep at least $2,500 in your account daily. By meeting this requirement, you'll waive the $12 monthly service fee and earn a higher rate on account balances between $2,500 and $50,000.

How First National Bank Texas Works

First National Bank Texas has over 340 branches and 350 free ATMs in Arizona, Arkansas, New Mexico, and Texas.

Customer service is available over the phone or through live chat. Contact a representative from 8:30 a.m. to 5:30 p.m. on weekdays, 10:00 a.m. to 5:00 p.m. on Saturdays, or 12:00 p.m. to 4:00 p.m. on Sundays.

The bank's mobile app has 4.7 out of 5 stars in both the Apple store and Google Play store. 

First National Bank Texas is FDIC insured. You may deposit up to $250,000 in an individual bank account, and it will be secure. 

Is First National Bank Texas Trustworthy?

The Better Business Bureau rates businesses by how effectively they deal with customer issues. First National Bank Texas has received an A+ rating. 

First National Bank Texas does not have any recent public scandals. 

How First National Bank Texas Compares 

We compared First National Bank Texas to two other banks in similar regions: Bank of America and Comerica.

All three financial institutions have savings accounts and checking accounts with monthly service fees. If you don't want to maintain a certain balance in your account, our online banks guide includes banks that don't have monthly service fees.

First National Bank Texas and Comerica are good options if you'd like to open a CD with a brick-and-mortar bank.

First National Bank Texas pays the highest interest rates out of all three banks, and you'll earn a more competitive rate if you deposit more than $50,000 in a CD. Comerica, however, offers a greater variety of terms — ranging from seven days to 10 years.

Bank of America may be worth exploring if you'd like a bank with a substantial branch and ATM network.  It has over 3,900 branches and 15,000 ATMs. 

Why You Should Trust Us: How We Reviewed First National Bank Texas 

We rate bank accounts on a scale from one to five stars. For First National Banks checking, savings, and money market accounts, we used Personal Finance Insider's bank account ratings methodology. The exact factors we evaluate vary depending on the type of account — for example, we look at overdraft fees for checking accounts and interest rates for savings and money market accounts.

For First National Bank's CDs, we used our CD rating methodology which looks at interest rates, minimum opening deposits, early withdrawal penalties, CD variety, customer support availability, mobile app ratings, miscellaneous features, and the security and ethics of the company.

We use a weighted average to get our star rating, which means we weigh certain features, like interest rates and fees, at a higher weight percentage than others. We understand that these areas can more heavily impact a person's overall banking experience.

Frequently Asked Questions (FAQ)

Sophia Acevedo

Banking Editor

Sophia Acevedo is a banking editor at Business Insider. She has spent three years as a personal finance journalist and is an expert across numerous banking topics. ExperienceSophia leads Personal Finance Insider's banking coverage, including reviews, guides, reference articles, and news. She edits and updates articles about banks, checking and savings accounts, CD rates, budgeting, and general saving. Sophia was also a part of Business Insider's 2024 series "My Financial Life," which focused on telling stories that could help people live and spend better.Before joining Business Insider, Sophia worked as a journalist at her college newspaper and was a freelance writer. She has spent seven years writing and editing as a journalist.Sophia was nominated for an Axel Springer Award for Change in 2023 for her coverage of ABLE Accounts, tax-free savings accounts for people with disabilities. She was also a winner of a 2018 California Journalism Awards Campus Contest for her photography.She loves helping people find the best solutions for their unique needs and hopes that more people will find the tools to solve their financial problems. She’s inspired by stories of everyday people adapting to their financial circumstances and overcoming their fears around money.ExpertiseSophia's expertise includes:

• Bank accounts
• Savings and CD rate trends
• Budgeting
• Saving
• How banks operate

EducationSophia graduated from California State University Fullerton with a degree in journalism and a minor in political science.Sophia is a member of the National Association of Hispanic Journalists.She is an avid reader across a variety of genres, and she started running in 2021. She ran in the 2024 Los Angeles Marathon.

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Evelyn He is a compliance and operations associate for Business Insider’s Personal Finance team. Evelyn ensures content accuracy and editorial independence so readers get the most up-to-date and objective financial advice, enabling them to make informed financial decisions.ExperienceAs part of the compliance team, Evelyn helps fact check Personal Finance stories and works to make sure that the language is clear, precise, and compliant with government regulations and partner guidelines. Previously, Evelyn worked as a compliance specialist for Apellis Pharmaceuticals and a legal assistant at the law firm Morrison Mahoney.ExpertiseEvelyn is an expert in the following areas:

• Compliance
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EducationEvelyn earned a bachelor’s degree in business administration from UMass Amherst and a master’s in marketing from Boston University.Evelyn has two dogs, Money and Tibber.

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