The Texas commercial banking industry is as big as the state. All businesses in Texas will have to do some banking in Texas, so that's probably a good thing.

Banks in Texas provide businesses with a variety of services. Of course, Texas banks are needed simply to store your money and pay bills, but many Texas banking institutions provide additional services for business owners such as business credit cards, loans for businesses, and credit card processing, so that your customers can pay with a credit card.

If you are looking to compare Texas banks, you should:

1. Know whether you will do your banking in-person or online. A smaller Texas bank will often be able to offer you a higher level of service.
2. Understand your business' banking needs. Texas commercial banks offer a wide range of services and you need to make sure that the bank you choose provides everything you need.
3. Consider whether you will need to visit out-of-state branches. Do you only need banks in Texas or will you frequently travel out of state?
   

Action Steps
The best contacts and resources to help you get it done

Choose from local Texas banks if you want personal attention

Small Texas banks are more likely to get to know their customers on a personal level. This is ideal if you plan to do your Texas commercial banking in-person.

I recommend: Star Bank of Texas has locations in Fort Worth and offers business banking. Texas Coastal Bank also offers services for businesses. Check your area for a local bank near you.

Choose a nationwide bank with Texas branches if you travel

Large banking companies offer more security and convenience to business owners. You can do your banking in Texas, or on the road. You can be certain that you will find branches of these businesses wherever you go.

I recommend: Citibank and Bank of America are two of the largest banks in America. They have branches located in many states. Both companies offer commercial banking in Texas.

Use the online banking services offered by Texas banks

Many people find online banking to be a convenient way to take care of their banking needs. You can access accounts from anywhere and you can complete a variety of tasks such as confirming transactions and paying bills.

I recommend: Almost all Texas banking institutions offer online banking. Bank of America is just one of them. If this is a high priority for your company, make sure that your bank offers this service before signing up.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Talk to your account representative about starting the account that's right for you. Texas banks charge fees for a variety of reasons. Some may charge a high monthly fee, but allow unlimited transactions, while others may charge for each transaction, but not charge a monthly fee. Know what style is best for you to avoid excessive fees.
• •  Automatic bill pay is a convenient way to pay your recurring bills. Your bank will automatically pay your bills each month.