Veritex Community Bank

Overview / Commentary
8214 Westchester Drive
Dallas, TX 75225

Veritex Community Bank is headquartered in DALLAS and is the 12th largest bank in the state of Texas. It is also the 140th largest bank in the nation. It was established in 2004 and as of September of 2023, it had grown to 794 employees at 33 locations. Veritex Community Bank has an A+ health rating.

Reviews (1)

Good Market Market Checking Account

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Veritex offers a money market checking now paying over 5% with unlimited checking writing. Regulation D is no longer in effect and Vertex allows unlimited check writing and the account pays money market interest rates.


Health Grade Components

FDIC Certificate #57665
Year Established2004
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.22%
Return on Equity - YTD8.93%
Annual Interest Income$539.2MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$12.34B$11.7B
LoansQ3 2023vs Q3 2022$9.56B$8.97B
DepositsQ3 2023vs Q3 2022$10.22B$8.77B
Equity CapitalQ3 2023vs Q3 2022$1.69B$1.62B
Loan Loss AllowanceQ3 2023vs Q3 2022$109.8MM$85MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$64.4MM$17MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0

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