Texas Capital Recognized with Notable Industry Awards
Rhea-AI Summary
Texas Capital Bancshares (NASDAQ: TCBI) has received multiple industry awards in early 2025, reinforcing its position as Texas's premier full-service financial institution. The bank earned the Best Regional Bank title from Bankrate for the second consecutive year, recognized for its competitive APYs on deposit accounts. GOBankingRates also honored TCBI's Money Market Accounts for the second year running, noting their low fees and excellent yields.
Additionally, Newsweek included Texas Capital among America's Best Regional Banks and Credit Unions for the first time, based on comprehensive criteria including the Texas Ratio, profitability metrics, customer surveys involving 71,000 U.S. citizens, and analysis of 1.9 million social media reviews.
Positive
- Second consecutive year winning Bankrate's Best Regional Bank award
- Second consecutive year recognition for Money Market Accounts from GOBankingRates
- First-time inclusion in Newsweek's America's Best Regional Banks list
- Strong performance in customer satisfaction metrics across multiple platforms
Negative
- None.
News Market Reaction
On the day this news was published, TCBI gained 0.43%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, begins the year with notable awards from Bankrate, GOBankingRates and Newsweek recognizing its excellence in financial services. These accolades highlight the firm’s commitment to providing clients with top-tier financial products and solutions, strengthening the company’s position as the premier full-service financial services firm headquartered in Texas.
Key Highlights
- Bankrate – Best Regional Bank (Two Years in a Row): For the second consecutive year, Texas Capital has been recognized by Bankrate as the Best Regional Bank, highlighting the firm's success with its main deposit accounts and competitive APYs on its Star Money Market, High-Yield Savings Account and CD terms.
- GOBankingRates – Best Money Market Accounts (Two Years in a Row): Also, for the second consecutive year, Texas Capital's Money Market Accounts have earned top honors from GOBankingRates, acknowledged specifically for the firm’s low monthly fees and excellent APYs.
- Newsweek – America’s Best Regional Banks and Credit Unions: Texas Capital has been recognized among America’s Best Regional Banks and Credit Unions by Newsweek for the first time, an acknowledgment of the company's strong performance and positive customer reviews.
“As an employer of choice, the heart of our platform is our people,” said Chairman-Elect, President & CEO Rob C. Holmes. “We are honored to serve the best clients in each of our markets, and we are proud to offer a wide range of differentiated products and services that compete against the very best banks. These awards are a testament to the accomplishments of our employees in the four years since we announced our strategy to become the premier full-service financial institution headquartered in Texas.”
Award Methodology
Bankrate: Bankrate evaluated the range of deposit products offered, along with fees, minimum balance requirements, availability of competitive APYs, extent of ATM network and key digital banking features. They assigned a score to each type of account and its features, weighted them based on importance to account holders, and combined them to derive an overall score.
GOBankingRates: GOBankingRates looked at the following factors: total assets, number of branch locations, minimum deposit to open an account, APY, minimum balance needed to earn the APY, monthly fees and average mobile app ratings.
Newsweek – America’s Best Regional Banks and Credit Unions: Newsweek utilized the Texas Ratio (a measure of a bank's credit quality) as well as reviewed profitability and net loans and leases, press coverage over the past two years, an elaborate large-scale independent customer survey of more than 71,000 U.S. citizens, 1.9 million social media reviews and 129 million Apple App store and Google Play store reviews.
ABOUT TEXAS CAPITAL
Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank (“TCB”). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly-owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. All services are subject to applicable laws, regulations, and service terms. Deposit and lending products and services are offered by TCB. For deposit products, member FDIC. For more information, please visit www.texascapital.com.
FAQ
What awards did Texas Capital (TCBI) receive in 2025?
Why did Bankrate name TCBI as Best Regional Bank in 2025?
What criteria did Newsweek use to evaluate TCBI in 2025?
What factors led to TCBI's recognition for Money Market Accounts in 2025?
