Lone Star Bank Review 2023
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At a glance

CDs
Checking
Savings
MMA
About Bankrate Score
Overview
Lone Star Bank is a good fit for individual customers and businesses in the Houston area. It's also suited for people looking for competitive rates on certificates of deposit and those with supersize deposits who need extra FDIC coverage.
Highlights
- ATM Fee Refunds
- Free Checking
- Highly Rated App
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Overall
Based in Houston, Lone Star Bank (LSB) is a federally insured community bank serving individual consumers and businesses, small and large. LSB offers a wide array of consumer deposit products, including a savings account, a large range of certificates of deposit, checking accounts and a money market account. Some accounts offer higher yields than others, so depending on what you’re looking for, you may find higher APYs elsewhere.
Pros
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It has a highly rated mobile app for Android and iOS devices.
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Customers can make mobile deposits, pay bills online and make person-to-person payments.
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Some CDs offer competitive APYs.
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The checking account is free and comes without monthly fees.
Cons
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Lone Star Bank does not have an ATM network.
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It has only four branches.
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The bank’s savings and money market accounts offer low APYs.
Lone Star Bank banking products
FEATURES
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY as of 9/26/2023
Lone Star Bank savings overview
There’s a limit of six withdrawals per quarter, and you’ll be charged a $2 fee for each withdrawal over that limit per quarter.
Pros
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The account comes with access to online and mobile banking.
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The service charge, should you incur it, is only $6 per quarter.
Cons
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A $200 deposit is required to open the account.
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With only four branches, customers who prefer ATMs and branch banking will find the account harder to access.
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Much higher yields can be found elsewhere.
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See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
Lone Star BankAPYAPYNational average APYHow do we get this data?
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Bank experience
Lone Star Bank has a highly rated mobile app on the Google Play Store and Apple App Store, so customers can easily manage their accounts from anywhere. It also offers access to multimillion-dollar FDIC protection for depositors who need it. To contact the bank, customers fill out a form on the website and submit it. There is a phone number, but it is not listed prominently on the site.
About Lone Star Bank
Lone Star Bank is a community bank established in Houston in 2006. Most of its business is in commercial banking, but it also offers a full slate of personal banking products. It is insured by the Federal Deposit Insurance Corp. Lone Star Bank has a mobile app and offers online banking, as well as electronic bill payment and person-to-person electronic payments. It has four branches, all in Texas.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.