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2595 Preston Road
Suite #100
Frisco, Texas 75034

New Location

690 W. Campbell Road
Suite #100
Richardson, TX 75080

Texas Republic Bank Blog: All Blog Posts

Helpful Consumer Tips: Consumer Scams and Preparing Your Will

Posted by TXRB Staff

Consumer Scams: Know When You’re Being Fooled

Unfortunately, there will always be scam artists out there. These people are looking to make a few bucks, sometimes much more, on trusting and unsuspecting consumers. Scams aren’t always easy to spot, even for savvy consumers, so remember to do your due diligence and if something seems too good to be true, it most likely is. Below are common consumer scams to be aware of to help ensure they don’t happen to you or someone you love.

Merchandise Fraud

This is often the top consumer complaint, especially with the continuously rising rate of internet shopping. Let’s say you’ve found the perfect product online—one that you’ve been looking for a while and the price is substantially less than anywhere else for an identical product. While very rarely you may find an amazing deal, what happens more often is the product is nonexistent or misrepresented. If you’re ordering from a company or website you’ve never heard of, start by checking the Better Business Bureau ( Then search for reviews from people who have purchased the same product from that retailer. Lastly, use a credit card for the purchase if at all possible, particularly when buying online or over the phone. If you're victimized and you’ve paid with cash or by check, you could be out of luck. If the order doesn't arrive, you can challenge the purchase under federal credit-card rules. Debit-card purchases offer less protection, although some banks provide additional safeguards.

Fake Checks

This common scheme can occur in many forms, be it a fake check for something you’ve sold or payment for a "work from home" or "make fast cash" opportunity. Bogus checks can be used to pay for something you're selling, especially

through local sites such as Craigslist. It could be for a smaller amount if you’re selling a piece of furniture or a larger amount if you’re selling something like a car. While these checks may look official and certified, there’s no guarantee that’s the case. It’s always best to ask for payment in cash or a wire transfer if it’s for a larger amount of money. If you do accept a check, contact the institution whose name appears on it before finalizing the exchange with the buyer. If you deposit a fake check, it will bounce and you’ll be on the hook with your bank to settle the fee.

Phishing and Identity Theft

Scammers often use emails, phone calls or other methods of communication to trick people into revealing their passwords, credit card information or Social Security numbers, in addition to other personal information that can be used to steal identities, open credit lines or other damaging activities. Never respond to an email or phone call asking for financial passwords or other personal information, no matter how urgent it seems. Instead, contact your bank or the business that made the request to verify it is legitimate. These institutions will never ask for this type of information via email, no matter how credible it looks. Also, never click on hyperlinks in suspicious email messages and keep your computer's antivirus and anti-phishing software up to date.

Advance-Fee Loans

This is one of those "if it seems too good to be true, it probably is" situations. This involves a company promising to get you a loan or credit card even if you have bad or zero credit. However, after paying the required fee, either you never hear from the company again or you’re offered a debit or stored-value card. You will never be asked to pay an advance fee for a loan, even if it's for "insurance," "processing" or "paper work." Fun fact: It's illegal for a company doing business by phone to promise a loan and require a fee before it's delivered. Your credit score is important when it comes to loans and credit cards so if a company says it doesn’t matter, that’s a red flag.

The Grandparent Scam

The elderly are often targeted by scam artists who view them as easy targets. This scheme works by a scammer, perhaps someone who identifies himself as a grandson or nephew, saying he needs help because of an accident or arrest in a foreign country so money needs to be wired immediately. The bottom line is don't give money to anyone without verifying his or her identity. If you get a call from a friend or relative asking for help, politely hang up and call the person's home or cell phone number to find out if the call truly came from this person and if the emergency if real. If you’re unable to reach the person, call another relative or close friend to confirm the story.

Phony Charities

Be it an email or phone call urging you to support a charity that tugs at your heartstrings, never immediately respond to this type of solicitation. Some charities are outright frauds and others do little of what they say they do. Instead, first check with the major charity watchdogs—the American Institute of Philanthropy (, the Better Business Bureau's Wise Giving Alliance ( and Charity Navigator (—to ensure it is legit. Many con artists use names similar to legitimate charities so ensure the name is exact. Also, organizations like the Red Cross will provide a list of charities that need help during disasters.

Sweepstakes Scams

Everyone wants to win a big prize. However, sweepstakes mailings or prize-related phone calls asking for an advance payment to cover taxes, shipping and handling, or other incidental costs of processing or delivering your fabulous prize are not real. You’ll find that nothing is ever mailed to you. Also, by law, buying services or merchandise can't increase your odds of winning a sweepstakes so just say no.

The above is provided by the Independent Bankers Association of Texas as a public service. This information is provided with the understanding that the association is not engaged in rendering specific legal, accounting or other professional services. If specific expert assistance is required, the services of a competent profession should be sought.

Preparing Your Will

By placing your wishes on paper, you help ensure that your heirs avoid unnecessary hassles and that a life's worth of possessions end up in the right hands. While preparing a will may seem like an overwhelming task, in most cases it is simple and straightforward. Below are tips to help you get started.

—Writing your will isn’t a task anyone looks forward to doing. You’re not only acknowledging your own inevitable demise but actively planning for it. In fact, an AARP survey found that two out of five Americans over the age of 45 don't have a will. However, creating a will is one of the most important things you can do for your loved ones.

Options for Creating Your Will

Hiring a lawyer is the surest way to get peace of mind that your wishes will be fulfilled. The cost can vary depending on the experience of the lawyer, the complexity of your estate and the going rates in your area. If you live in a metropolitan area, call around to see if you can save money with a lawyer in a nearby small town. If you belong to a group legal service plan, a simple will may be offered at a reduced price or even free. You can also check with your state's bar association for an attorney or legal clinic in your area.

In the last couple of decades, several Internet-based products have become available that allow consumers to create their own will. Also, it is strongly advised that spouses create separate wills, rather than a joint will.

Think About the Small Stuff

While partners generally list each other in their wills, it’s helpful to prepare for the situation if you and your partner pass away at the same time by naming the beneficiaries in that instance. Retirement accounts and life insurance policies name beneficiaries and aren't typically included in wills. If you want to leave sentimental items to particular people, specify that in your will, not in a non-binding note left with your will.

If you are a small business owner, talk to your accountant, banker and lawyer about what will happen to your business after your death to help avoid hardship for family and employees.

Name a Guardian

For parents it is extremely important that your will names a guardian for your minor children. Otherwise, a court will make this decision after your death. While it’s an enormous decision, it’s certainly one you would like to make rather than have made for you should a tragic event occur.

Name an Executor

In your will, you will also need to name the executor. This is the person who carries out the wishes stated in your will and wraps everything up after your


—paying taxes and debts, distributing the property in your will, closing your accounts, etc. This person needs to be responsible and trustworthy.

Updates to Your Will

It’s important to keep your will accurate and up to date. Because life changes very well may occur after you draft your will, it is important to review it periodically and amend when necessary.

Where to Store Your Will

You may store your will in a safe deposit box or a waterproof and fireproof safe in your house. Many attorneys will store clients' wills. Just remember, your executor will need access to it after your death.

Big picture—creating a will isn’t fun for anyone but it’s easier than you think. You just need to sit down and do it.

The above is provided by the Independent Bankers Association of Texas as a public service. This information is provided with the understanding that the association is not engaged in rendering specific legal, accounting or other professional services. If specific expert assistance is required, the services of a competent profession should be sought.

Posted October 14, 2015    |    View


Texas Republic Bank is a Top 100 Performing Bank in the Nation....AGAIN!

Posted by TXRB Staff

Texas Republic Bank was recently included in SNL Financial's Top 100 performing Community Banks of 2014 with assets under $500 million. This achievement is further validated by the fact that we are the only bank, for the second year in a row, to make this top 100 list in Dallas or Collin counties. Furthermore, we are the only bank in Texas that is located in a major metropolitan area to make the list.  Texas Republic Bank is 1 of only 11 banks in Texas that made the top 100 list. Thank you to all of our great customers for being a part of this achievement!

Posted March 27, 2015    |    View


Scholarship Dash

Posted by TXRB Staff

Scholarship Dash
is the 5K and Fun Run Dallas area event you don't want to miss! Join us, Saturday April 18th 2015, on the UTD (University of Texas at Dallas) Richardson, TX Campus for an exciting, nonprofit* 5K and Fun Run including awards, free t-shirts, free breakfast by Desperado's Catering, refreshments, entertainment and music. The event includes a USATF certified and timed 5K, and an untimed Fun Run.

Don't forget bragging rights! We encourage you to support your favorite high school or university by wearing your school colors at the event. Special recognition will be given for schools that are well represented (individual runners, teams, volunteers, cheering sections). Megaphones Awards will go to runners in each category. Win one and brag loud and proud!

Thank you for supporting the scholarship program and being a part of a legacy that includes over $300,000.00 in scholarships awarded since 1983.

Posted March 25, 2015    |    View


Dallas 100

Posted by TXRB Staff

We are extremely proud to announce that we came in at number 60 in the Dallas 100 Award Ceremony, which signifies the top 100 fastest growing privately held companies for the Dallas area for the most recent year. Congratulations to our team and a big thank you to our valued customers!

Posted January 14, 2015    |    View


Santa's Helpers Toy Drive

Posted by TXRB Staff

Texas Republic Bank is proud to serve with 2 drop-off locations for the WFAA-TV’s Santa’s Helpers toy drive. The mission is to collect toys for more than 50,000 children in need. These toys will be distributed to North Texas families through numerous community agencies that serve this area.

We invite all of you to join in bringing new, unwrapped toys and gifts for infants, children and teens to any of our locations below:

Texas Republic Bank

2595 Preston Road, Suite 100
Frisco, TX 75034
(Next to Sam Moon)

690 W. Campbell Rd., Suite 100
Richardson, TX 75080

Collection Dates:
November 25th through December 16th
Monday through Friday
9:00 a.m. – 4:00 p.m.

Posted November 28, 2014    |    View


5 Online Security Tips

Posted by TXRB Staff

For a lot of people, information security is so convoluted and difficult to understand that we choose to ignore it until something bad happens to your personal information and your identity is stolen or your bank account gets drained. There are ever emerging threats and bugs in software and hardware that create loopholes or vulnerabilities for hackers to exploit. Here are 5 ways in which you can be more secure in our ever growing online world.

1. Be Careful Who You Give Your Information To Online - This seems like a no-brainer but many of us divulge our name, birthday, email address and more without batting an eye. We tend to sign up for newsletters and other websites with little or no regard for who will be storing your information. Ask yourself, how are they storing my personal information? Is it in a database? Is that database encrypted? The likely answer is no the data is not encrypted and you are trusting the website you signed up for. So what do you do if you want to sign up for something? I personally use a separate email account to sign up for things online. I also do not give them my real name, phone number, age, or anything else. If you plan on purchasing something online that’s another story. When buying things online use a separate credit card that you only use for online purchases and one that will protect you if there are any fraudulent transactions. Also try to buy from reputable websites and don’t buy things from just anyone online.

2. Use Two-Factor Authentication When Possible - Most websites that we visit give us an option to use two-factor authentication or multi-factor authentication but it’s not turned on by default. What does that mean? It means that each time you login from a different computer or different device, you will be prompted for a one time pin that is texted or emailed to you, security questions, or a passphrase and custom image that you have selected. Facebook, Gmail, Twitter, and LinkedIn all have two-factor authentication but you have to turn it on. Most if not all bank websites require two-factor authentication to login to your account. Why just use it for your bank account? Use it for any and every website you can. Yes it’s another step that you have to take, but if your password gets stolen and someone tries to login to your account from another computer, they will be prompted for the one time pin or security questions.

3. Check for HTTPS - Before you enter your username and password on a website, make sure it has HTTPS in front of the URL. What is HTTPS? It’s the encrypted form of HTTP which, to get geeky, is the hypertext transfer protocol used to display web pages. So if the page you are logging into does not have HTTPS in front of the URL, your username and password are being submitted in plain text. Anyone with the right tools can intercept your username and password if the website is only using HTTP. If you must login to a site without HTTPS, make sure you don’t use the same username or password on any other websites. This is when a spare email account for registering or signing up on websites comes in handy. Use that account as your username and create a different password than any others you use.

4. Public WiFi - Starbucks WiFi? Airport WiFi? Sure! Most people don’t even think about connecting to public WiFi, nor do they consider what they are doing might be intercepted by someone else on the public WiFi. Many hacking tools can capture traffic on WiFi networks for an attacker to use. To correlate tip #3 to public WiFi, if you login to an HTTP website with a username and password and you’re on public WiFi, a hacker can intercept the username and password. So how do you protect yourself on public WiFi? Using a VPN connection is the best option but not all of us have that capability. There are several open-source VPN products you can download for free as well as VPN products you can purchase to encrypt your traffic while on public WiFi. There are even apps you can use for your phone or tablet that create VPN tunnels for safe browsing. General browsing around on public WiFi is no big deal but if you need to login to a website make sure it’s secured with HTTPS. When using public WiFi, always assume someone is watching.

5. Set Personal Social Media Pages to Private - Social media can reveal way too much about someone if their profile is not set to private. Facebook, for example, has your birthday, current city you live, email address, phone number, and your name for an identity thief to steal. If you make your Facebook page private, only your friends can see what you post and see your personal information. Facebook is just one example and the majority of social media sites have the same privacy options. Make use of it and don’t unnecessarily expose yourself to identity thieves or even burglars.

Posted July 28, 2014    |    View


Voted Best Bank in Frisco/Plano

Posted by TXRB Staff

We were excited to see that Texas Republic Bank won The Best Bank in Frisco/Plano. We want to extend our heartfelt thank you to the community and our great customers for voting us the best! We are happy to see that our customers are experiencing "Banking like it oughta be!"

Posted July 25, 2014    |    View



Posted by TXRB Staff


This is a FREE event and will have an Art show with some musicians, etc. and visual art.

This is put on by Arts Incubator in Richardson, a non-profit dedicated to the advancement of arts with Texas Republic Bank and Prestonwood Pregnancy Center as sponsors. The Farmer’s Market will be across the street on the south side of Campbell on Saturday and Easy Sliders Food Truck will have food available for sale on Saturday at lunch!

Come join us or stop in to see our new location (690 W. Campbell Road Suite #100, Richardson, TX 75080)!

Posted July 09, 2014    |    View


Newly Designed Bank Websites!!!

Posted by TXRB Staff

Texas Republic Bank is pleased to announce the launch of our newly designed website! We hope you enjoy the new look and feel of the redesign and as always if you have any questions or comments please feel free to contact us at (972) 334-0700 or

We are also pleased to announce that the launch of will be coming soon! Keep an eye out for future announcements regarding its live date.

Thank you for allowing us to service your banking needs and provide “Banking like it oughta be!

Posted June 12, 2014    |    View


Texas Republic Bank is a Top 100 Performing Bank in the Nation!

Posted by TXRB Staff

Did you know.....Texas Republic Bank was recently included in SNL Financial's Top 100 performing banks of 2013 with assets below $500 million. Texas Republic Bank was one of 15 banks from Texas to make the National that's what we like to call "Banking like it oughta be!"

Posted June 12, 2014    |    View