Veritex Community Bank


Overview / Commentary
469-443-9912
8214 Westchester Drive
Dallas, TX 75225

Veritex Community Bank is headquartered in DALLAS and is the 11th largest bank in the state of Texas. It is also the 137th largest bank in the nation. It was established in 2004 and as of September of 2024, it had grown to 865 employees at 34 locations. Veritex Community Bank's CD rates are 5X the national average, and it boasts 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 Regulation D is no longer in effect and Vertex allows unlimited check writing and the account pays money market interest rates.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
A+

Health Grade Components

Overall
FDIC Certificate #57665
Year Established2004
Employees865
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.96%
Return on Equity - YTD7%
Annual Interest Income$572.4MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$12.99B$12.34B
LoansQ3 2024vs Q3 2023$9.59B$9.56B
DepositsQ3 2024vs Q3 2023$11.06B$10.22B
Equity CapitalQ3 2024vs Q3 2023$1.77B$1.69B
Loan Loss AllowanceQ3 2024vs Q3 2023$117.2MM$109.8MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$34.9MM$64.4MM
Real Estate OwnedQ3 2024vs Q3 2023$9MM$0
Rates
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Veritex Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.30%$2.5k$250k6 Month Smart CD - New Money
4.15%$2.5k$250k9 Month Smart CD - New Money
4.15%$2.5k$250k12 Month Smart CD - New Money
Locations

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