Frost Bank is a Texas-based financial institution that has a longstanding popularity from the perspective of the banking platforms. To review the reputation and services here is the overview that delves into its savings & checking accounts, its CD rates, money market accounts, and mortgage loans. 

The review overview will offer meaningful insights to represent how they stand in the present financial landscape.

Bank Overview

It is a well reputable financial institute that is primarily based in Texas. It offers a comprehensive setup of banking and services that are available to meet the versatile needs and requirements of its customers.

It has popular recognition due to its strong concentration on customer service. The bank ensures numerous products that include;

  • Business & personal checking and savings accounts
  • Money market accounts
  • Certificates of deposit
  • Range of loan options such as business lines of credit, term loans, and SBA loans.

Its commitment to traditional banking values and modern conveniences can be noticed in its user-friendly digital banking platform. This platform ensures a seamless banking experience.

By keeping a deep focus on its long-term customer relationships and community involvement, Frost Bank has proven to be a reliable and customer-centric banking partner for the customers.

Frost Bank Locations

As stated above, Frost Bank is primarily operated and based in Texas. It has a relevant presence all across the state along with several branches and ATMs. The span of location of banks in major cities and regions includes:

Apart from these major cities, Frost Bank has extended its reach to various other regions in Texas. This is all done to create more accessibility for its banking services throughout the state.

Checking Accounts

The checking accounts of Frost Bank are known for their flexibility and their customer-friendly features. The accounts comprise no minimum balance requirements and it provides other perks including ATM fee rebates.

The several account options of the bank are flexible to tailor to different customer segments, i.e. students and businesses.

Frost Business Checking Account

Monthly Service Charge$10, waived if one of the following is met;- $1,500 minimum daily balance- $15,000 combined average daily balances in business deposit accounts- $1,000 net spending on a linked Frost Visa Business Debit Card- Owning a Frost Business Checking Plus Account in the same name
Features– 200 non-electronic items plus unlimited electronic deposits and withdrawals at no charge- $5,000 in cash processing per month- Complimentary Frost Business Savings Account
ATM Fees– No charge at Frost ATMs, Pulse Point-of-Sale Terminals, and specific locations in Texas- Non-Frost ATMs: $2 fee for inquiries, transfers, or withdrawals, plus any additional fees charged by the ATM owner

Frost Business Checking Plus Account

Monthly Service Charge$30, waived if one of the following is met;- $25,000 minimum daily balance – $40,000 combined average daily is credible for balancing in business deposit accounts- $2,500 net spending on a linked Frost Visa Business Debit Card- Owning a Frost Merchant Services Account in the same name
Features– No charge for all incoming wires- First three outgoing wires per statement cycle refunded- Cashier’s checks, money orders, stop payments- 500 non-electronic items plus unlimited electronic deposits and withdrawals- $20,000 in cash processing per month
ATM Fees– No charge at Frost ATMs, Pulse Point-of-Sale Terminals, and specific locations in Texas – Non-Frost ATMs: No charge for inquiries, transfers, or withdrawals, plus any additional fees charged by the ATM owner

Savings Accounts

Same as the checking accounts, Frost Bank provides a significant variety of perspectives of savings accounts catering to different customer needs.

These accounts hold and present competitive interest rates but still, they are slightly below the national average competitive rates. In terms of productivity, the bank tends to maintain a minimal fee structure. Additionally, its accounts are easy to access by the broader customer base.

The versatility of the Saving accounts is notable from the following tables;

Account TypeMonthly Service ChargeFeatures
Frost Business Savings Account$3.50 (waivable)– Interest paid quarterly- Two free withdrawals per month
Frost Business Money Market Account$15 (waivable)– Interest based on tiered amounts- Six free withdrawals of any kind per statement cycle
Frost Business High Yield Money Market Account$25 (waivable)– Higher interest rate based on tiered amounts- Available to Business Checking, Business Checking Plus, and Analyzed Checking customers
Frost Business Certificate of DepositNo monthly charge– Competitive interest rates guaranteed until maturity- Automatically renewable at the effective rate at maturity

CD Rates and Money Market Accounts

Cd rates for the frost bank are competitive, with a wide range of terms, It is highly suitable for various investment horizons. The minimum investment is standard for the financial industry, and its early withdrawal penalties are considerably in line with other competitive banks.

The available list of CD rates for Frost Bank is as follows:

  1. For the balance from $1,000 to $99,999.99:
  • 90 Day: 4.52% APY
  • 180 Day: 4.55% APY
  • 12 Month: 4.30% APY
  • 24 Month: 4.00% APY

2. For the balance of $100,000 and over:

  • ​14 Day: 2.35% APY
  • 30 Day: 2.40% APY
  • 60 Day: 2.45% APY
  • 90 Day: 4.95% APY
  • 180 Day: 5.01% APY
  • 12 Month: 4.80% APY
  • 24 Month: 4.45% APY

Furthermore, the money market accounts of Frost Bank are a combination setup of both the benefits of savings as well as checking accounts. It offers higher interest rates and flexibility. These accounts typically feature higher interest rates compared to their savings accounts, with easy access to funds.

Mortgage Loans and Other Loan Products

The mortgage options and other loan products for the Frost banks are covered up with fixed rates and highly adjustable-rate mortgages. Their interest rates and CD terms are considerably competitive, and that’s why Frost Bank is specifically known for the personalized services that it offers throughout the application process.

The pondering thoughts of points are as follows.

Business Line of Credit

The consumers can access the funds at their convenience through it. Whereas, the monthly payment that lies on the variable interest rate, lies starting at $5,000​​.

Term Loans

Flexible repayment terms that you can choose, range from around one to almost five years. Moreover, for real estate, its contribution started at $5,000​​.

Small Business Administration Loans

These loans are more considerable in comparison to conventional loans. You can use it for business expansion, financing equipment, and acquiring a new business or franchise. It provides a minimum loan of around $25,000​​.

Other Business Loans

  • Finance real estate loans are directed with fixed-rate loans where at least 50% of the property needs to be occupied. It is long-term financing with almost a maximum of 80% loan-to-value.
  • It authorizes numerous options with 100% financing, that would finance the computers, medical equipment, construction machinery, and more. The minimum loan capacity is $50,000 minimum loan.
  • It is ideal for all import businesses, including Stand-by, Commercial, as well as Export Letters of Credit.

Additional Products and Services 

Apart from its core banking products, Frost Bank is credibly favorable as it supports;

  • Credit cards
  • Investment services
  • Wealth management solutions.

Its digital banking capabilities are exceptional, with an authentication of mobile applications and an online banking platform.

Furthermore, the Frost Bank is known for its financial stability and it is FDIC-insured. This enables the security encryption of customer deposits.

Comparison Overview with Other Institutes

Feature/ServiceFrost BankChase BankBank of America
Business Checking Account$10 monthly fee (waivable)$15 monthly fee (waivable)$16 monthly fee (waivable)
Business Savings Account3.50% APY2.75% APY3.00% APY
Business Money Market Account0.35%-0.45% APY0.40%-0.50% APY0.30%-0.40% APY
Business CDsCompetitive rates, $1,000 min depositSlightly higher rates, $2,500 min depositComparable rates, $1,000 min deposit
Business LoansCompetitive rates, various optionsSlightly lower rates, fewer optionsComparable rates, more specialized options

Pros and Cons Analysis


  • It offers a broad range of banking products that are suitable for different business needs.
  • Highly known for savings and CD accounts.
  • Comprises user-Friendly digital Tools including Online and mobile banking platforms
  • Considerable for excellent in-person and online customer support services.


  • It primarily serves the Texas region, which might not be suitable for the businesses that are operating nationally.
  • It is not as competitive as some larger national banks.

Customer Reviews

Frost Bank is highly appreciated for its customer services, both in terms of in-person contact and online meeting approaches. 

The bank has an overall good reputation that satisfies the customers and user-friendly and highly efficient operating tools. Additionally, its exceptional customer service is also very commendable. 

There’s a general sentiment of trust and satisfaction among its clientele that particularly resonates with the stance of how the bank covers up the inquiries and banking needs.

Final Personal Review – Services, Customers Centric Approach

In terms of personal reviews, Frost Bank offers comprehensive services that meet the preferences of businesses of all categories and sizes. Their products are specifically designed and meant to meet the evolving needs of modern businesses.

 It mainly focuses on user-friendly nature and digital banking solutions.

Its extraordinary commitment to customer service is evident. They put a strong attention on accessibility. Whether through their physical branches or online platforms, the bank tends to ensure that their clients receive the proper support and guidance.


In conclusion, Frost Bank stands out for its strong portfolio of business banking products, commitment to customer service, and user-friendly digital tools. 

While there are areas for improvement, such as expanding geographic reach and adjusting fee structures, the bank’s overall offerings make it a viable and attractive option for many businesses, particularly those based in Texas.


What categories of accounts available at Frost Bank offer?

Frost Bank provides numerous categories of accounts, i.e. business and personal checking accounts, savings accounts, money market accounts, and most importantly certificates of deposits.

Does Frost Bank operate through a mobile application?

Yes, Frost Bank provides a user-friendly mobile banking application to customers. So that they can manage their accounts, and transfer funds.

Are Frost Bank’s services available outside Texas?

Frost Bank only focuses on serving customers within Texas.

What loan services does Frost Bank provide?

Loan services by Frost Bank include their business lines of credit, Proper term loans, Small Business Administration loans, and other real estate loans.