Checking Account
This type of account allows you to deposit and withdraw money frequently and is commonly used for everyday transactions.
What is a checking account?
This type of account helps businesses track transactions, spot cash flow trends, and prepare for tax season.
What is a commercial checking account?
These well known Waco Landmarks were financed by TFNB Your Bank for Life.
What is Hotel Herringbone and the Magnolia Silos?
This type of loan often comes with competitive interest rates and flexible terms, and may offer pre-approval to simplify your car shopping experience.
What is an auto loan?
This is the amount a bank charges borrowers for using its money, and it's also what they pay depositors—though usually at a lower rate.
What is the interest rate?
This feature of many checking accounts allows you to spend more than your balance, often with a fee.
What is overdraft protection?
A business that only accepts cash may lose customers in the digital age. This solution allows safe credit card payments and merchant account setup.
What is credit acceptance?
This financial institution, established in 1889, holds the original bank charter in McLennan County and is the 7th oldest bank in Texas.
What is TFNB Your Bank for Life?
This type of loan is backed by collateral and is ideal for individuals looking to establish or improve their credit history.
What is a secured loan?
This type of risk refers to the possibility that a borrower will fail to repay a loan, impacting the bank’s profitability.
What is credit risk?
You can access your checking account 24/7 using this digital tool, often available via mobile app or website.
What is online banking?
This feature of commercial checking accounts allows trusted partners or employees to make deposits, payments, and transfers.
What is multiple user access?
At this bank, every employee is also a shareholder, making them part-owner of the institution
What is TFNB Your Bank for Life?
This revolving credit option gives you access to funds as needed, and you only pay interest on the amount you use.
What is a line of credit?
Banks use customer deposits to fund these, which generate interest income and drive profitability.
What are loans?
This type of transaction involves writing a paper form to pay someone directly from your checking account.
What is a check?
Having this type of account shows customers and partners that your business is legitimate and trustworthy.
What is a commercial checking account?
This is the culture at TFNB.
What is Faith, Family, and Finances?
These conventional mortgage options come in 15, 20, 25, and 30-year adjustable rate terms.
What are conventional mortgages?
Banks pay interest on these accounts to attract funds, which they then use to issue loans.
What are savings and checking deposits?
This convenient service allows your paycheck to be automatically deposited into your checking account.
What is direct deposit?
Opening a commercial checking account can help speed up this financial process in the future.
What is loan approval?
This McLennan County-based bank is the official sponsor of Baylor Athletics and proudly supports the Baylor Bears.
What is TFNB Your Bank for Life?
This type of loan allows homeowners to borrow against the value of their home, often used for debt consolidation or home improvements, and may offer tax advantages.
What is a home equity loan?
Borrowers with higher credit risk are often charged this to compensate the bank for the increased likelihood of default.
What is a higher interest rate?