Park Cities Bank is now offering the best 6 month CD rate in Texas.  Park Cities Bank has a 6 month CD with an interest rate of 4.00%.  Not only is this an outstanding 6 month CD rate, but the bank also offers a 9 month CD that yields 4.25%.  For CD accounts that have a one year term or less, both of the Park Cities Bank CD rates are the highest rates available in Texas.  At this time, Park Cities Bank is making a sweep on the best short terms rates in the state.  To round out the CD rates presently being promoted by the bank, they have a one year CD that yields 4.10% and a two year CD that also yields 4.10%. 

Park Cities Bank offers various personal banking services to its consumer customers along with these CD accounts.  The bank offers personal checking, an Advantage account, Prestige account, money market and personal savings accounts.  The savings account has a yield of 1.01% APY on all balances.  The Prestige account yields 1.27% on balances between $1,500 and $4,999.00 and has a rate of 2.12% APY on balance above $5,000.00.  The tiered money market account has a rate of 1.77% on balances between $2,500.00 and $4,999.00, an interest rate of 3.57% on balances between $5,000.00 and $99,999.00 and 3.83% APY on balances above $100,000.00.  The 3.57% APY on the money market account is the highest yielding money market account in Texas as well.

Park Cities Bank opened its doors in Dallas, Texas as a new state-chartered bank on November 6, 2000.  The bank maintains this office and three other bank branch locations.  As of June 30, 2008 the bank had assets of $721,441,201.00.  This was increase from total assets of $677,466,502.00 on June 30, 2007.  Rates and programs subject to change and certain conditions may apply, for more information about the products and services offered by Park Cities Bank they can be reached at 214-370-4500.  The web address for the bank is parkcitiesbank.com.  This bank information was obtained on December 2, 2008.  The Park Cities Bank money market account advertisement can be found in the December 2, 2008 edition of the Fort Worth Star-Telegram.

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