Castroville State Bank is a Texas based bank with its sole office and headquarters located in Castroville, Texas.  The bank was established in 1959.  Castroville State Bank offers customers in the Medina Valley and surrounding areas both personal and commercial banking products and services.

The bank offers several different checking account options from a no fee senior checking account to interest bearing checking accounts.  The bank offers several savings options including savings account, money market account and certificates of deposits.  Castroville State Bank also offers consumers a variety of loan programs from auto loans to mortgages to college loans.

For the customers that want a fixed term savings investment, Castroville State Bank offers competitively priced CD rates in Texas.  These Texas CD rates are obtained by opening a time deposit that locks in the invested finds for a set term or maturity.  In return for the fixed term of the investment, the yields on these bank CD accounts are generally higher than that of passbook or statement savings accounts.

In addition to offering high bank CD rates that are very competitive, Castroville State Bank CD has a distinctive feature that gives the bank CD account holder the opportunity to increase the CD interest rate twice during the term of the certificate.  The bank CD account holder is also able to make deposits to the bank CD (subject to a minimum) that have a term of two years or less.  A penalty may be imposed for early withdrawal on the bank CDs.

The Castroville State Bank CDs are available in a variety of terms so that customer can choose the maturity that best meets their lifestyle.  Current Texas CD rates and terms offered Castroville State Bank include:

For deposits of $5,000 or greater the bank has a 14 day CD rate of 1.00%.

The following Texas CD rates from Castroville State Bank require a $1,000.00 minimum deposit:

90 day CD interest rate is 1.31%
6 month CD rate is 1.51%
1 year CD earns a rate of 1.92%
18 month CD interest rate is 1.97%
2 year CD has an interest rate of 2.02%
3 year CD yields 2.27%
4 year CD interest is 2.38%
5 year CD rate is 2.53%

Bank CD rates are subject to change and additional conditions may apply to open these accounts.  For current CD rates in Texas offered by Castroville State Bank, contact their CD department at (830) 931-2201 or (830) 538-2201.  In addition, the bank CD rates and additional account information is available online at the bank website located at www.castrovillestatebank.com.

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