Financial institutions around the country rely on Texas Capital Bank to reach their balance sheet needs and earning asset goals. It’s not just because of our customized correspondent services; it’s because we take the time to build a relationship that helps them work smarter. Thanks to our focus on service and trust, our dedicated Financial Institutions Group has provided liquidity solutions, loan participations and larger syndicated loans for hundreds of financial institutions since our founding.

In addition, our national Fed Funds* program and Financial Institution Money Market Accounts are designed to help our correspondent banking clients increase earning and improve yield on overnight funds with daily rate surveys, ensuring the rate structure continually provides meaningful incremental revenue.

Fed Funds Program

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

  • Principal automatically remains invested on a daily basis
  • Interest accrues daily and is deposited to your account weekly
  • Investment confirmation reports are provided at time of change and weekly interest payments
  • Fed Funds cutoff time for same-day investments is 4:00 p.m. Central
  • 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

Financial Institution Money Market Accounts (FIMMA)

FIMMAs are priced at a spread over the Texas Capital Bank Fed Funds program.

  • Deposits are on a 360-day basis
  • Up to six transfers per month by pre-authorized wire transfer, automatic or phone agreement (including up to three checks)
  • Minimum deposit amount of $1 million
  • Simple interest is accrued daily and deposited to your account monthly
  • Cutoff time for same-day investments is 3:00 p.m. Central
  • FDIC insured up to $250,000

*Please note that Fed Funds are not FDIC insured

contact an expert

Peter Stringer

Executive Vice President, Group Manager 214.932.6710 214.932.6710

Shirley York-Jones

EVP, Relationship Manager 832.308.7061 832.308.7061

Jeff Wagner

SVP, Relationship Manager 913.549.3539 913.549.3539

Jesse Jackson

SVP, Relationship Manager 214.932.6736 214.932.6736

Scott Callahan

SVP, Relationship Manager 781.924.5277 781.924.5277


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