Veritex Bank operates as the holding company for Veritex Community Bank, focusing on providing a wide array of commercial banking products and services tailored for small to medium-sized businesses and professionals. The bank offers various deposit products, including checking, savings, money market, and time accounts, alongside commercial deposit options. Its loan portfolio encompasses commercial real estate loans, general commercial loans, residential real estate loans, and consumer loans. Veritex Bank also provides comprehensive online banking solutions, enabling customers to access account balances, conduct online transfers, pay bills electronically, and receive customer statements digitally. Additional services include debit cards, night depository services, direct deposits, cashier's checks, and letters of credit. The bank also offers treasury management services, which feature balance reporting, account transfers, wire transfer initiation, and various cash management deposit products. The primary revenue sources for Veritex Bank are interest and dividends derived from its lending and deposit activities.
The Credit Coalition offers financial and homebuyer counseling and education, financial coaching, reverse mortgage counseling, and outreach services to all facets of the community, particularly those with low and moderate incomes, who are looking for information and help to enter or reenter the mainstream of credit.
AM Specialty Insurance Group
Debt Financing in 2024
AM Specialty Insurance Group, based in Dallas, Texas, is a provider of specialized insurance solutions. The company offers a range of insurance products, including transport, marine, inland marine, general liability, and miscellaneous coverage. It also provides certifications related to quality and safety. AM Specialty Insurance Group collaborates with various industry partners such as retail producers, national wholesale brokers, managing general agents, underwriting managers, and program managers to deliver these services.
Synctera
Venture Round in 2023
Synctera Inc. provides digital banking solutions that connect traditional banking operations with innovative financial technology. Incorporated in 2020 and based in San Carlos, California, the company offers a platform that facilitates the launch of FinTech and embedded banking products for businesses of all sizes. Synctera's technology infrastructure includes robust APIs, which enable companies to efficiently introduce and expand services such as debit cards, bank accounts, charge cards, lines of credit, and money movement. Additionally, the platform supports regional and community banks in navigating regulatory compliance and managing partnerships with FinTech firms. Synctera's comprehensive offerings include PII encryption, secure login, authentication, endpoint protection, and penetration testing, ensuring that businesses can implement banking services effectively and securely.
interLINK
Acquisition in 2022
InterLINK specializes in cash management solutions, primarily serving financial intermediaries such as brokers, banks, and institutional money managers. The company operates an insured deposit sweep business that allows cash from numerous brokerage accounts to be invested into FDIC-insured banks. InterLINK offers a range of comprehensive and turnkey financial services, including insured cash sweep programs designed to meet the specific needs of its clients. By providing flexible and customized services, InterLINK enables its customers to deliver unique financial products, enhancing their overall service offerings.
North Avenue Capital
Acquisition in 2021
North Avenue Capital, LLC, established in 2014, is a specialized commercial lender headquartered in Ponte Vedra, Florida with additional offices across the United States. The company focuses on originating, underwriting, funding, and servicing qualifying commercial loans exclusively through the USDA Rural Development loan program nationwide. North Avenue Capital provides amortized working capital and construction perm loans for various companies, projects, and early-stage businesses, with loan amounts ranging from $1 million to $25 million. Its expertise lies in supporting borrowers both public and private across diverse industries, contributing to business growth, economic development, and job creation in rural America.
Green Bank
Acquisition in 2018
Green Bank is a commercial bank headquartered in Houston, Texas, that offers a comprehensive range of banking products and services for both business and personal clients. With branches located in Houston, Dallas, and Austin, the bank primarily serves Texas-based customers. Its offerings include online banking, facility financing, business banking, and various deposit products such as money market accounts and certificates of deposit. Additionally, Green Bank provides loans, personal lines of credit, and treasury management solutions, including earnings credit rates. As a preferred provider in the Texas banking sector, Green Bank is committed to supporting its communities and is recognized as an employer of choice in the region.
Arise Virtual Solutions
Debt Financing in 2018
Arise Virtual Solutions Inc., headquartered in Miramar, Florida, is a business process outsourcing (BPO) company that specializes in providing omnichannel customer support and outsourcing solutions. It serves a diverse clientele, including Fortune 150 and 500 companies, with services such as voice, email, live chat, and social media support, as well as technical assistance. The company also offers eCommerce outsourcing, which encompasses customer service, inbound sales support, order fulfillment, and loyalty programs, alongside healthcare outsourcing solutions for non-clinical and pharmaceutical support. Additionally, Arise caters to the telecommunications sector with services like mobile support, billing inquiries, and device troubleshooting. Its innovative cloud-based platform and network of independent contractors allow for scalable customer experience management across various industries, including retail, financial services, and travel. Founded in 1994 as Willow CSN Incorporated, the company rebranded to Arise Virtual Solutions in 2007, positioning itself as a pioneer in on-demand customer management technology.
Liberty Bank
Acquisition in 2017
Liberty Bank, a community bank, provides personal and business products and services in Texas. It offers personal checking and savings accounts; loans, including auto, boat, debt consolidation, home enhancement and home equity, home equity lines of credit, and interim construction loans; interest bearing accounts; and online banking services. The company also provides business checking and saving accounts; equipment financing, accounts receivable and inventory financing, professional practice, real estate, interim construction, land development, and SBA loans; and treasury management, merchant, wire transfers, zero balance accounts, online banking, and automated clearing house services.
Propel Holdings
Propel Holdings is a fintech company dedicated to enhancing credit inclusion by providing consumers with fair, fast, and transparent access to credit. Through its proprietary online lending platform, Propel Holdings operates several consumer-facing brands, including MoneyKey, CreditFresh, and Fora Credit. The company emphasizes exceptional customer service and employs robust automated customer acquisition strategies. Its proprietary underwriting models and advanced loan management system further enhance the user experience, positioning Propel Holdings as a leader in the financial technology sector.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.