What Veribanc does

Veribanc is a privately held U.S. financial data and analytics firm headquartered in Greenville that provides bank, thrift, and credit union safety ratings, risk assessments, financial research, credit analytics, and monthly/quarterly credit reporting services. Founded in 1981 and operating continuously for over four decades, the firm has built one of the most extensive proprietary historical datasets in U.S. banking — covering all federally-insured banks (year-end data from 1978, quarterly from 1980), all federally-insured credit unions (1981–present), all federally-insured thrifts (1979–2011), and a regulatory enforcement actions database of approximately 17,000 federal actions tracked since 1991.

The company's analytical core is its proprietary 'beyond CAMELS' rating system, which extends the standard regulatory CAMELS framework (Capital, Asset Quality, Management, Earnings, Liquidity, Sensitivity) to produce enhanced risk scores. Its product portfolio spans 15+ report types — Instant Ratings, Short Form, Research (130+ financial items), examiner-style Briefing, VeriTrend (12-quarter trending with peer rankings), Blue Ribbon, Bankers Dozen, State Ratings, customized WatchList monitoring, comprehensive Everything Reports, the regulatory enforcement actions database, Reg F Compliance, AML/SBA Compliance, and Archival Data Services — sold primarily via quarterly subscriptions and delivered through a sales-led model combining an 800-number direct sales line with an online ordering portal and complimentary custom data design.

Veribanc serves a diversified customer base across professional services (accountants, financial advisors, attorneys), institutional verticals (insurance companies and agents, healthcare providers, educational institutions, social services, non-profits, utilities/energy, real estate, treasurers), government agencies, banks themselves (for competitive intelligence and Reg F monitoring), and individual consumers. Revenue is generated through recurring subscription fees for quarterly report issues, with no publicly disclosed pricing, revenue figures, or external funding.

Name

Veribanc

Legal name

Veribanc Inc.

Website

https://veribanc.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

Veribanc is a Greenville, US-based financial data firm providing bank and credit union safety ratings and risk analysis via a proprietary 'beyond CAMELS' rating system, serving accountants, attorneys, insurers, healthcare, government, and other professionals through subscription-based quarterly reports.

Ownership category

akta.pro rank

Headquarters

HQ city

Greenville

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Subscription Reports: Quarterly subscription-based reports (4 issues per year) providing bank and credit union ratings, financial analysis, and risk assessments. Includes Instant Ratings, Short Form, Research, Briefing, VeriTrend, Blue Ribbon, Bankers Dozen, State Ratings, and WatchList reports.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Veribanc provides subscription-based financial research and risk ratings for U.S. banks, thrifts, and credit unions using a proprietary 'beyond CAMELS' rating system. The company delivers quarterly subscription reports covering safety and soundness analysis, regulatory enforcement action tracking, and historical financial data, with on-demand and customized institutional monitoring reports serving professionals, businesses, banks, and government agencies.

Product overview

VERIBANC is a bank and credit union financial health rating and research service offering a comprehensive suite of on-demand and subscription-based reports. The portfolio includes: (1) Instant Ratings for quick current assessments, (2) Short Form and Research reports for executive summaries and in-depth analysis with over 130 key financial items, (3) VeriTrend for multi-year trending with peer rankings, (4) Briefing for examiner commentary, (5) geographic-focused products including Blue Ribbon, Bankers Dozen, and State Ratings, (6) WatchList for customized institutional monitoring, (7) Everything Reports covering all U.S. institutions, (8) Regulatory Enforcement Actions database tracking federal actions since 1991, (9) Reg F Compliance and AML/SBA Compliance services, and (10) Archival Data Services for historical research. The company's proprietary 'beyond CAMELS' rating system forms the analytical foundation across all products.

Differentiator

Problem solved

Functional benefit

Brands

• beyond CAMELS: A risk rating system for banks and credit unions, an enhancement to the traditional CAMELS rating system used by regulators

Products and services

• Instant Ratings Quick on-demand report providing current ratings and three previous quarters' ratings for any Bank, Savings Bank, or Credit Union, including federally-insured internet banks. Designed for short-term placement recommendations.
• Short Form Executive summary type report presenting key financial information behind the safety and soundness rating for the most recent four quarters for Bank Holding Companies, Banks, or Credit Unions.
• Research Report In-depth analysis of the safety and soundness of Bank Holding Companies, Banks, or Credit Unions, providing over 130 key financial items for the most recent four quarters.
• Briefing Examiner's commentary report providing insight into the safety and soundness of a Bank or Credit Union from an examiner's standpoint.
• VeriTrend Report modeled after the Research report but expanded to 12 quarters (3 years) of depth with peer rankings for the most recent quarter on significant financial items.
• Blue Ribbon Report showing the 25 safest Blue Ribbon institutions and 10 closest Green/*** banks to a specified zip code, with basic financial information such as assets, profitability, capital strength, and liquidity measures.
• Bankers Dozen Report showing up to 13 institutions closest to a zip code with configurable minimum rating threshold, including color code, star rating, high-level financial data, and main office contact information.
• State Ratings Report presenting all Banks or Credit Unions doing business in a selected state, including beyond CAMELS risk ratings, key financial data, and contact information (telephone and web address).
• WatchList Customized monitoring report for tracking specific financial institutions, including beyond CAMELS risk ratings, key financial data, and free updates to the institution list being monitored.
• Everything Report Comprehensive listing of all U.S. Banks or Credit Unions by name or state/city, available with or without additional financial data, including regulatory name, home office city/state, beyond CAMELS risk rating, capital, income, regulatory classification, and enforcement action items, delivered as PDF or electronic file.
• Regulatory Enforcement Actions Database Database of all regulatory enforcement actions against Banks, Thrifts (S&Ls), Credit Unions, Bank Holding Companies, and their personnel announced by federal regulators since 1991, covering approximately 17,000 actions.
• Reg F Compliance Report Report used by the banking industry to monitor creditworthiness of other banks, examining capital, asset quality, liquidity, and Veribanc's beyond CAMELS risk ratings as per government monitoring requirements.
• AML/SBA Compliance Service Free monitoring service for significant institutional Regulatory Enforcement Actions related to BSA Compliance Plan violations, including Anti-Money Laundering (AML), Bank Secrecy Act (BSA), Currency Transaction Reports (CTR), OFAC, and Suspicious Activity Reports (SAR).
• Archival Data Services Historical call report data services covering all U.S. Federally-Insured Banks (year-end data from 1978-1979, quarterly from 1980), all U.S. Federally-Insured Credit Unions (1981 to present), and all U.S. Federally-Insured Thrifts (1979-2011).

Quantifiable outcome

• Early warning often six months or more before bank failure

Named customers14 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• S&P Global Ratings: S&P Global Ratings is a major incumbent credit rating agency with comprehensive bank and financial institution ratings, offering overlapping capability with Veribanc but at much greater breadth and scale.
• Fitch Ratings: Fitch Ratings is a global credit rating agency providing bank and financial institution credit ratings and research, overlapping with Veribanc's bank risk assessment functionality within a much broader portfolio.
• Kroll Bond Rating Agency (KBRA): KBRA is a Nationally Recognized Statistical Rating Organization providing bank and financial institution credit ratings, comparable to Veribanc's institutional risk assessment offering but operating across multiple asset classes.
• Morningstar Bank Credit Research: Morningstar produces credit research and ratings on financial institutions as part of a broad investment research platform, providing comparable bank credit analysis capability to Veribanc but within a much larger investment research portfolio.
• Moody's Ratings: Moody's is a global credit rating agency that assigns bank credit ratings and performs bank financial analysis at significant scale, overlapping with Veribanc's institutional bank risk assessment use case but serving a much broader mandate.

Emerging players

• DepositAccounts.com (by LendingTree): DepositAccounts.com is a consumer-facing platform that aggregates bank and credit union rate data, health metrics, and reviews, addressing a similar depository-institution transparency use case as Veribanc but with a digital-first, consumer-leaning model.

Others

• BankRegData (via WGBH/ProPublica-derived datasets) / Bank Failure databases: The FFIEC and FDIC publish raw call report data and failure databases that Veribanc relies on as upstream inputs; comparable free/cheap public sources can substitute for some of Veribanc's rating products for sophisticated in-house users.

Direct peers

• Bauer Financial: Bauer Financial is a direct competitor offering star-based safety and soundness ratings for U.S. banks and credit unions, serving a similar professional and consumer audience with comparable subscription-based rating reports.
• Weiss Ratings: Weiss Ratings provides independent safety ratings on U.S. banks, credit unions, and insurance companies using proprietary methodologies, closely mirroring Veribanc's niche of independent depository-institution risk assessment.
• IDC Financial Publishing: IDC Financial Publishing produces financial ratings and analysis for banks and thrifts, including CAMELS-based assessments, and targets a similar professional advisory and institutional client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=IIaDfob0m_M

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veribanc