For information regarding our change in fees (effective 01/01/2020), please click below.
Effective January 1, 2020, R Bank's web address will change to www.R.Bank -that's it! This change will increase the bank's cybersecurity and give you the assurance that you have reached the ONLY R Bank website. The continued use of www.rbanktexas.com will redirect to the new site. If you have any questions, please call: 1-844-722-6589.
There is no time like the present to start saving for your future.
R Bank can help make that future brighter with a variety of savings accounts designed to save you time and meet your financial goals - now and in the years to come.
|Personal Savings Solutions*||Minimum Opening Deposit||Monthly Daily Balance||Monthly Service Charge**||Interest Paid|
|Kids Savers Club Savings||$200||$0.01||$3||Yes|
|Personal Money Market||$200||$2,000||$10||Yes|
|Premium Money Market||$2,500||$5,000||$15||Yes|
|High Yield Money Market||$2,500||$5,000||$15||Yes|
*Savings and Money Market accounts are limited transaction accounts. You may make six (6) withdrawal transactions per statement cycle. Additional transactions (including ACH items and transfers) over six (6) are charged an excessive withdrawal fee. See Deposit Account Agreement for all terms and conditions of these accounts.
**Monthly service charge if balance falls below minimum daily balance on any day of the statement cycle.
Watch your rate soar!
Our High Yield Money Market account combines the liquidity of a checking account with the earning power of premium rates. The more you keep in the account, the more you earn!
$5,000 - $149,999.991 0.874% APY*
$150,000 - $299,999.992 1.167% APY*
$300,000 - Over3 1.572% APY*
$2,500 Minimum required to open account. The monthly daily balance is $5,000 to earn the minimum Annual Percentage Yield (APY)*. Rate and APY are current as of November 15, 2019 and are subject to change without notice. 1 - Interest Rate is 0.87% / 2 - Interest Rate is 1.16% / 3 - Interest Rate is 1.56%. Monthly Service Charge of $15 if balance falls below $5,000 minimum balance on ANY day of the statement cycle. Money Market Accounts are limited transaction accounts: six (6) withdrawal transactions per statement cycle. Additional transactions (including ACH items and transfers) over six (6) are charged an excessive withdrawal fee. See Deposit Account agreement for all terms and conditions of these accounts.
With FDIC insurance, up to the maximum amount allowed by law, your growing account is safe and sound. Ask your R Banker today for more details about this exceptional account.
Save for any future purpose with R Bank's basic Savings account, which makes saving easy and convenient. Ask about our free savings accounts for children and students!
We believe a Savings account can be simple yet not simplistic. Save for tomorrow with the advantages of today's technology for access and control.
An account perfectly designed to make coming to the bank a fun experience while teaching young savers how to achieve their financial goals today and into adulthood!
R Bank's Money Market account introduces escalating tiered interest rates that rise with your daily balance while you maintain access to your account funds at any time.