VeraBank is headquartered in HENDERSON and is the 27th largest bank in the state of Texas. It is also the 314th largest bank in the nation. It was established in 1930 and as of March of 2025, it had grown to 555 employees at 40 locations. VeraBank's money market rates are 8X the national average, and it boasts an A+ health rating.
Overall | |
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FDIC Certificate # | 3250 |
Year Established | 1930 |
Employees | 555 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.42% |
Return on Equity - YTD | 13.7% |
Annual Interest Income | $55.4MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $4.35B$4.12B |
Loans | Q1 2025vs Q1 2024 | $2.83B$2.75B |
Deposits | Q1 2025vs Q1 2024 | $3.86B$3.65B |
Equity Capital | Q1 2025vs Q1 2024 | $455.2MM$430.2MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $35.5MM$33.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $9.8MM$9.4MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $384K$165K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $100 | - | Statement Savings | |
0.10% | $0 | - | Launch Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10%* | $50k* | - | Elite Checking | ||
OTHER TIERS: 0.05% → $5k - $50k |