Veritex (NASDAQ:VBTX) (NASDAQ: VBTX) is a bank holding company headquartered in Addison, Texas. Through its wholly owned subsidiary, Veritex Community Bank, the company offers a full suite of commercial banking services tailored to businesses, professionals and entrepreneurs. Veritex specializes in relationship-driven lending, deposit products and treasury management solutions designed to support the growth and operational needs of its clients.
The company’s core lending activities include commercial real estate financing, commercial and industrial loans, owner-occupied real estate loans and construction financing. In addition, Veritex provides residential mortgage services, small-business administration lending and consumer banking products. Its treasury management services feature online cash management, merchant card services and mobile and online banking platforms that help clients streamline their payment and receivables processes.
Veritex operates a network of branches and loan production offices across key Texas markets, including the Dallas-Fort Worth Metroplex, Houston, Austin and San Antonio. Since its inception, the bank has pursued a measured growth strategy, expanding its footprint organically and through selective acquisitions of community banks that align with its service-oriented culture and financial discipline.
Founded in 2016 by a team of veteran Texas bankers, Veritex is led by Chairman and Chief Executive Officer Marshall M. Snider, Jr. and President and Chief Operating Officer Keith Cargill. The leadership team combines deep industry experience with local market knowledge to maintain a community bank ethos while leveraging the scale and capabilities of a regional financial institution.
