Founded on the tradition of independent banking, Texas Capital Bank focuses on relationship banking, our particular brand of one-on-one service, designed not only for corporate customers and high-net-worth individuals but also for financial institutions seeking selected services of a correspondent relationship.

At Texas Capital Bank we understand the value of strong correspondent relationships, and our bankers represent a long history of working with other independent banks to achieve mutually beneficial goals.

Fed Funds Program

We’ve designed the Texas Capital Bank Fed Funds Program to help financial institutions improve the yield on overnight Fed Funds, with daily rate surveys to ensure that our rate structure continues to create meaningful incremental revenue. Capital strength, competitive rates and personalized customer service combine to make our program your best choice for managing this important element of your investment plan – and a great way to begin a correspondent relationship with an independent bank that understands your business.

Details

Fed Funds, sold to Texas Capital Bank as principal on a TFN (till further notice) basis, are priced at a spread over the Fed Funds open rate each day to hold a competitive advantage over the Texas market average.

Principal automatically remains invested on a daily basis. Interest is deposited to your account daily.

Investment confirmation reports are provided daily with detail for principal amount sold, additions or reductions to principal, interest rate and interest paid.

Fed Funds cutoff time for same-day investments is 2:30 p.m. CST. Rates set prior to 1:00 p.m. CST.

Direct investment line and rates are 214.932.6711.

Minimum overnight investment amount is $100,000.

Competitive term products for financial institutions also available and can be arranged according to your institution’s needs.