Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank (the “Bank”), today announced the execution by the Bank of a definitive agreement pursuant to which the Bank will acquire a 49% interest in Thrive Mortgage, LLC (“Thrive”) for $53.9 million in cash. Upon completion of the investment, the Company will obtain the right to designate a member to Thrive’s board of directors. The investment, which is expected to close in the middle of 2021, is subject to receipt of required regulatory approvals and other customary closing conditions.
Veritex Community Bank has added a new level of breadth of experience to its Board of Directors with the addition of Ms. Arcilia Acosta, founder, CEO and President of CARCON Industries and Construction.
Veritex Community Bank has announced they will stay in the heart of the Galleria area with their CRE and Community Banking teams at 777 Post Oak Blvd.
Veritex Community Bank has announced it has signed a lease on first-generation office space at the newly constructed Village Tower, 9655 Katy Freeway, near Memorial City.
Veritex Holdings, Inc. (“Veritex” or the “Company”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the fourth quarter and full year of 2020.