TX HB4778

Requires state-chartered financial institutions (banks, savings and loans, credit unions, and trust companies) to provide customers written notice with a reason before terminating any bank account, line of credit, or other banking instrument

Mandates a minimum 30-day waiting period after notice for customers to voluntarily transfer their accounts before termination takes effect

Creates an appeals process through the Texas Department of Banking, with customers having 10 business days to file an appeal that automatically stays the termination pending review

Exempts institutions from the 30-day waiting period if the account is dormant/zero balance, has persistent overdrafts or delinquent payments, or if the institution suspects criminal activity

Allows customers to seek declaratory and injunctive relief in court, including attorney's fees, but only after the Department of Banking issues a determination on their appeal