Best Banks In Texas For 2024

As the old saying goes: “Everything is bigger in Texas” — including your banking options. The Lone Star State hosts hundreds of banks and credit unions, from major national institutions to community-focused regional players. Whether you need extensive branch access, competitive rates, or exceptional customer service, Texas has financial institutions to match your priorities.

Here are Bankrate’s top picks for the best banks and credit unions in Texas for 2025.

Our picks for best banks and credit unions in Texas

Best branch access: Wells Fargo

Wells Fargo dominates Texas banking with more than 500 branches across the state — far more than any other bank, according to FDIC data. For Texas residents who value in-person banking access, whether in Houston, Dallas, Austin or smaller towns, Wells Fargo’s extensive network is unmatched.

The bank’s reach extends well beyond Texas, with branches in 39 other states and approximately 11,000 ATMs nationwide. This means consistent access to your money and banking services whether you’re at home or traveling across the country.

Read our full review of Wells Fargo Bank.

Wells Fargo offers a range of consumer accounts including checking, savings, and CDs The bank provides several checking accounts and savings products, allowing customers to choose accounts that fit their specific needs.

However, Wells Fargo’s interest rates are generally uncompetitive. While some promotional CDs offer decent APYs, most savings accounts earn rock-bottom rates that won’t help grow your money over time.

Best regional bank: Texas Capital Bank

Named the best regional bank as part of the 2024 Bankrate Awards, Texas Capital Bank is our choice for the best regional bank in the Lone Star State. Headquartered in Dallas, the bank maintains branches in the five largest Texas cities including Austin, San Antonio and Houston.

What sets Texas Capital Bank apart is its combination of competitive rates and fee-free structure. The bank offers no monthly fees on any deposit accounts, and Texas residents can access the Star High-Yield Savings Account with ultra-competitive APYs. The bank also provides an interest-bearing checking account and several competitive CD options.

Read our full review of Texas Capital Bank.

Despite having just 10 physical locations in Texas, cardholders get fee-free access to more than 55,000 ATMs nationwide, significantly expanding your access to cash without fees.

The main limitation is geographic — the bank’s best features are reserved for Texas residents only. The base savings account offers much lower yields compared to the Star High-Yield option, which requires a Texas address to open.

Best credit union: Randolph-Brooks Federal Credit Union

Randolph-Brooks Federal Credit Union (RBFCU) stands out as Texas’s premier credit union choice, serving over 1 million members from its Live Oak headquarters. With approximately 60 branches throughout Texas, RBFCU provides extensive coverage for a credit union.

Membership is open to those who live, work, study, or worship in select Texas areas, or members of institutions the credit union serves. All members must open an RBFCU savings account with a minimum $1 deposit.

Read our full review of Randolph-Brooks Federal Credit Union.

No matter which deposit account you’re interested in — whether that’s a CD or a checking, savings or money market account — RBFCU has got you covered. Of note, its Really Free Checking account — which is true to its name as it comes without a monthly fee or minimum balance requirement — earns interest on any balance.

The only con is that outside of its stellar CD offerings, RBFCU’s yields tend to be rather low compared to what you can find by shopping around, as is the case with its savings and money market accounts.

Best customer service: Frost Bank

Our pick for the bank with the best customer service in Texas is Frost Bank, which ranked first in the Lone Star State by a large margin in J.D. Power’s 2024 U.S. 2024 U.S. Retail Banking Satisfaction study. The annual survey serves as a good barometer of customer satisfaction as it fields responses from more than 100,000 retail banking customers across different regions of the country.

Headquartered in San Antonio, Frost Bank has more than 200 branches, all located in Texas. The bank offers everything from several checking accounts to CDs, money market and savings accounts.

Read our full review of Frost Bank.

Along with the J.D Power survey, customers indicate high satisfaction with the bank’s digital experience, as indicated by stellar user scores for Frost Bank’s mobile app on the Apple App and Google Play stores. Collectively, the app has been rated by more than 63,000 across both platforms.

While Frost Bank excels in service quality, its account yields are less competitive. The bank requires substantial deposits to earn top rates — $20 million for the highest money market yields and $15,000 for peak savings rates, which even then remain modest compared to online alternatives.

How to choose the right bank for you

The right bank for you depends on your financial goals and priorities, with options ranging from traditional banks to online banks and credit unions. Here is a list of tips to consider when choosing a bank:

• Look for banks with low or no fees, especially for common charges like monthly maintenance fees, ATM fees and overdraft fees.
• When considering accounts to stash your savings, look for banks with competitive APYs.
• Consider the convenience of local branches and digital features, like mobile banking and the ability to lock your debit card.
• Read the fine print and understand the terms and conditions of your chosen bank, including potential promotional deals and federal insurance coverage.
• Research bank reviews and consider managing accounts at multiple banks or credit unions for a more tailored banking experience.