VeraBank Earns “Outstanding” CRA Rating, Highlighting Ongoing Commitment to Communities
Henderson, TX – VeraBank is honored to announce it has received an “Outstanding” rating on its most recent Community Reinvestment Act (CRA) Performance Evaluation — the highest rating a financial institution can achieve.
This top distinction reflects VeraBank's deep, ongoing commitment to meeting the needs of the communities it serves through genuine, relationship-driven banking. From supporting local businesses to expanding access to financial services in underserved areas, the bank continues to focus on making a meaningful, lasting impact.
The Community Reinvestment Act is a federal law that encourages financial institutions to help meet the credit needs of all members of their communities. Banks are evaluated on their lending, investment, and service efforts - particularly how well they support low- and moderate-income individuals, families, and neighborhoods.
An “Outstanding” rating means VeraBank not only meets expectations — but consistently goes above and beyond in serving its communities.
"This recognition is incredibly meaningful because it reflects the heart of who we are as a community bank," said Brad Tidwell, Chief Executive Officer of VeraBank. "At VeraBank, we believe banking should be personal. It's about listening, showing up, and doing the right thing for our customers and our communities. This 'Outstanding' rating is a testament to our team's dedication - we couldn't be prouder of our employees and the care, effort, and heart they bring to everything they do."
VeraBank's commitment to community extends alongside its continued growth. The bank recently celebrated the opening of its 42nd branch in Austin, expanding its ability to serve one of Texas' most dynamic and fast-growing markets while maintaining the same personalized approach its customers expect.
"This 'Outstanding' rating speaks to the consistency and intentionality of how we serve our communities," said Michael Moores, President of VeraBank. "It reflects our focus on doing the right thing - providing access, supporting local growth, and building real relationships. Our team plays such a critical role in this work, and we couldn't be prouder of their commitment and the positive impact they make every day."
The CRA evaluation highlights VeraBank’s efforts in community development lending, small business support, affordable housing initiatives, and hands-on involvement in local organizations and outreach efforts.
As VeraBank continues to grow, its mission remains unchanged: to serve as a trusted financial partner, building strong relationships and helping communities thrive — one relationship at a time.
To learn more about the Community Reinvestment Act and how it supports local communities, visit the Federal Reserve’s overview here.
For more information about VeraBank and its community programs, please visit verabank.com.
Sobre VeraBank
VeraBank es un banco comunitario de propiedad privada que funciona en 20 condados del este, centro y sudeste de Texas, con más de 550 empleados, una red de 42 sucursales en cómodas ubicaciones, $4.4 mil millones en activos y bienes fideicomitidos administrados de aproximadamente $1.7 mil millones. Desde 1930, VeraBank permanece comprometido con una banca genuina, que brinda un servicio personal excelente con lo último en tecnología bancaria. Visítenos en línea en verabank.com. Miembro de FDIC.