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Headquarters

2595 Preston Road
Suite #100
Frisco, Texas 75034
972-334-0700

New Location

690 W. Campbell Road
Suite #100
Richardson, TX 75080
972-685-2040

Texas Republic Bank Blog: All Blog Posts

Small Business Lines of Credit

Posted by TXRB Staff


It is common knowledge that building and monitoring your personal line of credit is important. Did you know it is equally important for a small business? According to a post from the U.S. Small Business Administration (
click here to read the article), a good credit score can lead to:
 
- Securing a business credit card
- Opening a merchant account
- Benefitting from lower insurance premiums
- Building relationships and getting flexible payment terms from suppliers
- Renting commercial property
- Leasing or buying business vehicles

Texas Republic Bank can help your small business build credit by establishing a line of credit along with giving expert financial advice. A line of credit will improve your cash flow and liquidity. This provides many benefits such as:

- Making cash available to take advantage of special sales by your suppliers
- Offsetting seasonal dips in sales
- Stabilizing your cash flow
- Holding your business over until accounts receivable are collected
- Growing your small business' credit score

Why choose Texas Republic Bank for your business' line of credit?
We customize our products and services to suit your businesss. Also, we believe you should bank with someone you know. Our bankers take the time to get to know you and your business so they can find creative solutions to meet your financial needs. Most other banks will simply deny your application if it does not fit into their cookie-cutter banking model. In addition, our local management team means no run-around; upper level decisions are made daily at our bank.

If you need help building and maintaining your business credit, talk to one of our bankers today. He or she will walk you through the process and help you every step of the way. After all, that's banking like it oughta be!


Call 972-334-0700 to get started.


Posted February 18, 2013    |    View

(623 Views)

Bank with Someone You Know

Posted by TXRB Staff


If you’re a medical professional considering doing any kind of business with a new bank you’re going to need some answers. But in medical or financial situations, you don’t get the right answers unless you know the right questions to ask. So what should you ask that charming bank officer about her bank.

There are lots of questions, but the most important is, “Who will handle my banking and be my go-to person?" At many banks the person who does that great sales job on you or your business manager becomes a stranger as soon as the sale is closed. It’s referred to in the industry as the “hunter/skinner” marketing model and it’s efficient—for the bank.

When you ask that question at Texas Republic Bank the answer is always going to be, “That would be me!” Your relationship will never be turned over to a junior officer to try to deliver what you were promised. Your practice needs, your investment financing, and your family banking needs will all be handled by the same knowledgeable and professional banker. We leave the “skinning” up to those other banks.

When you ask other questions like, “How will the bank help my practice as it grows over time?” you’ll always get honest, truthful, and complete answers at Texas Republic Bank. So do yourself and your practice a favor and contact bank President David Baty for an introduction to a professional bank officer. You can call him at 972-334-0700 or reach him through the “contact” page of this website. You’ll be talking to bankers who value honesty and integrity above all else.

That’s the way it’s done at Texas Republic Bank, and that’s Banking Like it Oughta Be!

Posted January 22, 2013    |    View

(646 Views)

Remote Deposit - Making Business Banking Easier

Posted by TXRB Staff


So what is "Remote Deposit" anyway? If you're a medical professional it's just about the best thing since anesthesia! You don't have to worry about your employees taking an hour to make a trip to the bank. You don't have to worry about what happens if your employee gets in a wreck or robbed while on the clock. You don't have to worry about much of anything about getting your practice's check payments into your bank account. It couldn't be any easier.

Remote Deposit lets your regular office computer "capture" your patients' check payment information and convert it to available funds in your practice's operating account. It's economical, it's fast, and it's available from Texas Republic Bank. The bank's Management officer, John Henderson, understands everything about the check collection process and how to maximize its benefits to your practice.

How about some questions. What if your computer is down? No problem - drive the deposit to the bank or just drop it in the mail. Just because you're using the best way possible to make deposits doesn't mean you can't do it the old way! What if your trained staff person is out? Same solution. Forgets all the training? Same solution again. And John Henderson will also make sure that, if your staff is large enough, at least two people are fully trained in the Remote Deposit process. Believe us - it's not microbiology!

Getting check payments into the electronic collection process not only improves your cash flow - it's got another significant benefit. The quicker your customer's check information gets to their bank for payment the less likely that it's going to bounce. It's a fact that nothing else improves check collections like Remote Deposit. Not chasing your patients for payments saves your staff even more time.

So how do you get started? You or your business manager can contact John Henderson directly by phone at 214-619-3914, or by email at john.henderson@texasrepublicbank.com. He'll carefully walk you through the process and show you some actual examples of how Texas Republic Bank's medical professional customers are using Remote Deposit to their benefit. We believe an easier way of doing banking its "banking like it oughta be!"


Posted January 09, 2013    |    View

(667 Views)

Happy New Year!

Posted by TXRB Staff


We'd like to wish you and your family a very Happy New Year!



Picture created by El coleccionista de instantes.

Posted December 31, 2012    |    View

(555 Views)

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

(564 Views)

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

(578 Views)

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

(619 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

(537 Views)

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

(537 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

(497 Views)