Veritex Community Bank is headquartered in DALLAS and is the 10th 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 December of 2024, it had grown to 862 employees at 34 locations. Veritex Community Bank's money market rates are 9X the national average, and it boasts an A+ health rating.
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 Regulation D is no longer in effect and Vertex allows unlimited check writing and the account pays money market interest rates.
Overall | |
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FDIC Certificate # | 57665 |
Year Established | 2004 |
Employees | 862 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 6.83% |
Annual Interest Income | $757.1MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2024vs Q4 2023 | $12.72B$12.38B |
Loans | Q4 2024vs Q4 2023 | $9.48B$9.55B |
Deposits | Q4 2024vs Q4 2023 | $10.78B$10.36B |
Equity Capital | Q4 2024vs Q4 2023 | $1.76B$1.73B |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $111.7MM$109.8MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $25.6MM$78MM |
Real Estate Owned | Q4 2024vs Q4 2023 | $24.7MM$0 |
Always verify rates and promotions with the bank or credit union. We are not Veritex Community Bank; we are a rate comparison website and cannot provide official rates or promotions.
* 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 | |
---|---|---|---|---|---|
4.00%* | $0 | $250k | Smart Savings | ||
OTHER TIERS: 3.75% → $250k - $500k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
4.05%* | $25k* | $500k | Smart Money Market Special (90 Day Intro Rate) | ||
OTHER TIERS: 3.75% → $2.5k - $25k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
3.00%* | $1k* | $10k | Smart Interest Checking | ||
OTHER TIERS: 0.10% → $10k - $500k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.00% | $2.5k | $250k | 6 Month Smart CD - New Money | |
3.85% | $2.5k | $250k | 9 Month Smart CD - New Money | |
3.85% | $2.5k | $250k | 12 Month Smart CD - New Money |