Veritex Community Bank has become the center of Texas banking news, following its announced acquisition by Huntington National Bank in a landmark $1.9 billion all-stock deal. The move, revealed on July 14, 2025, marks one of the largest recent banking transactions in the region and is set to reshape the landscape for customers and communities served by Veritex Community Bank.
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Huntington to Acquire Veritex Community Bank
Huntington Bancshares Incorporated, based in Columbus, Ohio, will acquire Veritex Community Bank, headquartered in Dallas, Texas. The deal is expected to close in early Q4 2025, pending regulatory approval and customary closing conditions. Both banks have assured customers that day-to-day operations, including loan processing and branch services, will continue as usual until the integration is complete in 2026.
Key Points Summary
- Huntington National Bank will acquire Veritex Community Bank for $1.9 billion in stock.
- The transaction is expected to close in early Q4 2025, subject to regulatory approval.
- Veritex Community Bank customers will maintain their current services until full integration in 2026.
- No immediate changes to branch access, accounts, or FDIC insurance coverage are anticipated.
- The acquisition strengthens Huntington’s presence in Texas and expands its product offerings for Veritex clients.
What the Acquisition Means for Veritex Community Bank Customers
Veritex Community Bank customers can expect a seamless transition, with no disruption to their banking experience in the short term. Huntington Bank has emphasized its commitment to retaining Veritex’s people-first approach and community focus. Customers will eventually gain access to Huntington’s expanded digital banking tools, broader product suite, and enhanced support services.
A special note for depositors: FDIC insurance coverage remains unchanged for now, with a transitional period of at least six months after the merger during which deposits at both banks are separately insured. Certificates of deposit (CDs) may be covered for longer, depending on their terms.
Recent Achievements and Community Impact
Veritex Community Bank has continued to demonstrate strong financial performance and community engagement in 2025:
- Q2 2025 earnings per share held steady at $0.34, up 13% year-over-year.
- Net interest income rose to $1.5 billion, a 12% increase from last year.
- The bank recently awarded $11,000 in grants for home repairs in Dallas, building on its tradition of supporting local communities.
- Veritex was named a “Best Company to Work For” by U.S. News & World Report for 2025–2026.
| Metric | Q2 2025 | YoY Change |
|---|---|---|
| Earnings Per Share (EPS) | $0.34 | +13% |
| Net Interest Income | $1.5 billion | +12% |
| Average Loans & Leases | $133.2 billion | +8% |
| Average Deposits | $163.4 billion | +6% |
Looking Ahead: The Future of Veritex Community Bank
With the Huntington acquisition, Veritex Community Bank is poised for growth and innovation. Customers and employees alike can look forward to new opportunities, expanded resources, and a continued commitment to community values. The coming months will bring updates as the integration process unfolds, with both banks promising clear communication every step of the way.
Have thoughts on this major development for Veritex Community Bank? Share your perspective below or check back soon for more updates on what this change means for you and your community.