Why is Local Ownership and Local Management Important?
Posted by TXRB Staff

Texas Republic Bank is a rare breed in the banking world: it is locally owned and locally managed. So what makes local ownership and local management so important?

Local ownership refers to where a bank's shareholders live. Our shareholders are local citizens of Frisco and the surrounding cities. They make decisions with the community in mind. Why? Because they serve in civic clubs here, their kids go to school here, and they live here. Their interests reflect those of local small business owners, homeowners, and parents. They live here so they want to invest here. A big, corporate bank has shareholders whose ties are not to this area, and so there is no true incentive for them to consider the consequences their business decisions will have on the community. They may just see another struggling small business owner needing a loan, while our shareholders see a small business owner with four employees counting on their jobs to care for their families and which is important to the local economy. One view leads to a loan being disapproved, our view leads to finding solutions to making a loan happen.

Local management enables customers to speak to someone who is able to make decisions. There's no run-around at TXRB. We can get you upper level decisions quickly. You won't find that in a management team that is located in another city or state. Also, since our team is local, we can customize products and services to suit our customer's unique needs and circumstances because we know you. A large bank or a community bank with several branches is less likely to take the effort to find creative solutions to financial needs. Either your loan requests fits in their box or it is declined. We purposefully remain a one-location bank in order to provide quality banking relationships with each of our customers.

Most businesses (including banks) believe "bigger is better". Their main focus is on growth, which often sacrifices the amount of attention given to each customer. Our way of doing banking focuses on each customer individually. It requires bankers who can think outside of the box to develop personalized solutions and a management team that is willing to be flexible. It's not the easiest way to do business, but we believe it's the best.


After all, that's "banking like it oughta be!"


Posted December 18, 2012    |    View

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Santa's Helpers
Posted by TXRB Staff

Texas Republic Bank is proud to support and serve as a drop off location for WFAA TV Santa's Helpers toy drive. We encourage all customers and members of the community to come by our Bank and drop off new unwrapped toys and gifts for the children.



Posted November 28, 2012    |    View

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Happy Thanksgiving!
Posted by TXRB Staff

From all of us here at TRB, we would like to wish you and your family a Happy Thanksgiving!


Photo credit: http://www.flickr.com/photos/carbonnyc/2069104457/

It is a time to be full of thanks, and we want to thank you for choosing us for your banking needs!

Posted November 22, 2012    |    View

(609 Views)

Join us on Facebook!
Posted by TXRB Staff

We are now on Facebook! "Like" our page and stay connected! Click below:




Posted November 19, 2012    |    View

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What We Offer Non-Profits
Posted by TXRB Staff

We love helping non-profit organizations because we understand the value they bring to our community. We offer an exclusive account - "Shooting Star Checking for Non-Profits" - with many benefits. Below is a list of a few of the benefits:

- Above market interest rate (.80% APY*)
- No minimum balance requirement
- No monthly service charges
- No returned check fees
- Unlimited check writing
- Free standard style checks
- Free Debit Card
- Free Online Banking and Bill Pay
- Free ACH origination for Direct Deposit of payroll
- Free Electronic Statements 
- Free transaction exports to Quickbooks, Quicken, Word, Excel, and Adobe
- Free Mobile App for both Apple and Android users

We also offer a few creative benefits as well (see our previous blog titled "Unique Ways We Help Non-Profits" to learn more).

In addition, all our non-profits have a personal banker who takes time to get to know them and their organization. When your banker knows you and understands your goals, they can help you achieve them! We believe that's "Banking like it oughta be"!


*APY is the Annual Percentage Yield. Rates effective 1/01/12 and are subject to change without notice. Fees could reduce earnings on the account. Interest is accrued daily on all account balances and paid monthly.



Posted November 19, 2012    |    View

(527 Views)

Introducing our New Mobile App!
Posted by TXRB Staff





Above is our ad introducing our new mobile app! Santa's phone has a screenshot of what our app actually looks like. Have you gotten it yet? It's available for free on the Apple and Android markets.

Click HERE to learn more about it!

Happy Holidays!



Posted November 15, 2012    |    View

(488 Views)

Unique Ways We Help Non-Profits
Posted by TXRB Staff

Don't be surprised if you see Boy Scouts and Girl Scouts selling cookies and tubs of popcorn outside our doors, or a PTA organization running a car wash in our parking lot. Our bank is in a prime location for fundraising on the southeast side of Stonebriar Mall, next door to Sam Moon. Our President, David Baty, has extended an invitation to any of our non-profit customers who would like to take advantage of our high traffic location. A non-profit customer may call to ask permission and reserve the sidewalk in front of our bank to set up a stand and sell thier items for fundraising. Also, at David's request, a water faucet has been installed outside our building to allow for car wash fundraisers to be held in our parking lot.

David loves to help non-profits because his wife and all four of his kids have been involved some way in non-profit activities (Scouts, Band Booster Club, PTA, churches, etc.). He understands the importance these and similar organizations make in the lives of children and our community, and he wants to see them succeed. He has years of experience working with non-profits in the banking industry and knows the problems they can face. Here at TRB, we are all about problem solving. If you or someone you know is a part of a non-profit organization, call or come by to talk to a banker to learn what services and products we provide.


Take advantage of our exclusive offer: a free, high interest rate checking account!
 

Posted November 05, 2012    |    View

(360 Views)

Mobile Security Alert
Posted by TXRB Staff


The Federal Bureau of Investigation has recently issued a consumer warning of new malware attacks against mobile devices. The alert from the Internet Crime Complaint Center, a unit of the FBI, addresses two new Trojans known as Loozfon and FinFisher. Recent attacks showed Loozfon has the ability to steal a mobile user's phone number as well as contact details. In one type of Loozfon attack, unsuspecting consumers were lured in by advertisements promoting fraudulent work-at-home opportunities. The alert does not specify how those ads were promoted - through e-mail, SMS/text or both. But the FBI warns that links within the ads lead to websites designed to push Loozfon to users' device. FinFisher, on the other hand, is spyware that targets smart phones, hijacking specific components that enable hackers to remotely control and monitor a compromised device, regardless of its location. The spyware is transmitted to a smart phone by clicking infected web links or by opening SMS messages sent directly to the mobile user, usually falsely appearing to provide links to system updates.

This message is intended to inform and remind everyone to please use extra care and caution when using your mobile device and to not click on and delete any emails and texts from unknown sources. 


Posted October 22, 2012    |    View

(337 Views)

We Do Home Mortgages!!!!
Posted by TXRB Staff

Did you know that we offer home mortgages? That’s right, we offer home mortgages, and specialize in Frisco area homes. Many homebuyers are frustrated by the “mortgage mess” and the strict or illogical requirements of most mortgage lenders. Texas Republic Bank’s mortgage process is like a breath of fresh air – we offer solutions, not excuses or hurdles! Because we are a bank, we can be creative in tailoring a mortgage to meet your needs including:
Ø Conventional home mortgages
Ø Long term fixed rate mortgages
Ø Refinance mortgages
Ø Home construction loans
Ø Mortgages for Second Homes 
Ø Mortgages for the Self-Employed
Features
Ø Competitive Rates
Ø Deal with a banker you know, and by whom you are known!
Ø Creative solutions and problem solving – not just one size fits all

Posted August 17, 2012    |    View

(408 Views)

Personal Financial Management (PFM)-See All of Your Accounts in One Place!
Posted by TXRB Staff

With the new Texas Republic Bank Personal Financial Manager, online banking customers are empowered with a holistic view of their financial assets, liabilities and budgets. Texas Republic Bank account holders can now appreciate the free convenience of managing their financial relationships in a one-stop aggregated environment. Personal Financial Management automatically updates and categorizes your information, and  suggests ways to help you save. We can even send automatic alerts—like bill reminders—to your mobile phone or email. Set a budget and create a plan to reach your personal financial goals. You can track your progress online or stay up-to-date with monthly emails. Below are features included in PFM:
 
• Budgeting
• Account Aggregation
• Alerts
• Categorization Tagging
• Split Tagging
• Cash Flow
• Bill/Income Calendar
• Net Worth Calculator
• Goal Management & Tracking
• Expense Tracker
 

Posted August 14, 2012    |    View

(407 Views)