Vera Bank banks on Q2.

A community bank with a Texas-sized mission

VeraBank was founded in Henderson, Texas in 1930. Today, they have 39 branches in 19 counties across the eastern and central regions of the state. With genuine community banking and an undeniable commitment to digital innovation, they’re helping Texas families and businesses succeed. For VeraBank, being a good financial partner is one thing, but being a good neighbor is everything. 

  • $4B in assets 
  • 10 years of service 

Q2 is not a vendor to us. They are very much a strategic partner. And one that we rely on 24 hours a day, every day of the year.

Brad Tidwell
President & CEO

Why VeraBank banks on Q2

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To win commercial business

VeraBank’s commercial success is powered by relationships, Q2’s digital banking platform, and a team that knows how to use it. They learn their commercial prospects’ needs, configure their digital solutions to meet them, then personally walk them through the system. This combination of deep understanding and tailored technology is how they continue to beat out the competition.  

To drive record growth

In just their first year with Q2, VeraBank saw 120% growth in commercial accounts and 97% growth in treasury product sales. With their business knowledge and Q2’s robust, flexible technology, they’re providing hyper-specialized offerings that differentiate them in every market they enter. 

  • 40% growth in commercial accounts 
  • 20% growth in treasury product sales  
  • >1k Texas businesses banked 
  • 11% YOY increase in net income 
  • $2B in loans funded

To help Texas businesses grow along with them  

The best reward for VeraBank is seeing their customers grow too—like Austin Beerworks, who started with an 8,000 square foot facility and now operates a 40,000 square foot brewery producing 20,000 barrels a year. VeraBank has supported their growth with loans for high-investment brewing equipment, tailored commercial capabilities, and a seamless digital experience to manage it all. But this is just one customer’s story—many micro-businesses that started with VeraBank years ago are multi-million-dollar accounts today.  

To protect their communities   

Texas families and businesses count on VeraBank to safeguard them from fraud, and VeraBank counts on Q2 to help them do it. Since partnering with Q2, VeraBank has seen a significant reduction in fraud, successfully blocking attempts daily. In one customer’s case, VeraBank prevented fraudulent activity that would have cost them more than $100,000 in losses.   

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Tools for success

VeraBank has strengthened Texas communities for nearly a century. With Q2, they’re upping their impact. Here are a few of the Q2 products and solutions they bank on.   

Digital Banking Platform

Q2’s single platform powers VeraBank’s retail, small business, and commercial functionality through one unified experience.  

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Q2 Interactive Test Drive  

Custom, collaborative, hands-on demos are key to VeraBank’s customer acquisition strategy and commercial growth.  

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Q2 Discover  

With insights gathered from behavior tracking, VeraBank identifies gaps in their digital experience, adds tips for improved navigation, and rearranges widgets to create a better user journey.

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Q2 Innovation Studio  

VeraBank quickly gained a competitive edge with Q2 Innovation Studio through the integration of products like Spend Manager for easy receipt tracking and MX Insights for personalized financial tips, helping to boost user engagement and retention.

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Q2 Sentinel  

With real-time anomaly detection, VeraBank assesses high-risk activity, alerts customers, and stops suspicious transactions before they happen.

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