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VeraBank Welcomes Assistant Vice President, Specialty Asset Manager to Henderson Branch

January 26, 2023

Henderson – VeraBank is pleased to welcome Phillip Shawn to its Wealth Management team. Phillip will serve as Assistant Vice President, Specialty Asset Manager and will office at the Henderson Wealth Management location.

“We are extremely excited for Phillip to join our bank family,” said VeraBank President and CEO Brad Tidwell. “He brings incredible asset management experience and industry knowledge to our Wealth Management clients making him a valuable addition to our team.”

Prior to joining VeraBank, Phillip spent six years managing more than 40,000 net mineral acres in the Permian Basin for a family-owned company in Dallas. “It’s this type of experience and commitment to customer success that makes him an excellent fit for our team,” said Toby Fails, Senior Vice President, Wealth Management Director. “At VeraBank, Phillip will be responsible for managing oil, gas, and real estate interests for Wealth Management clients in all our markets and we’re so happy he’s here.”

Phillip chose VeraBank because of his love for East Texas and jumped at the chance to move from Dallas back to where he was born and raised.

“I am very fortunate to be a part of the VeraBank family and to have the opportunity to grow professionally with folks who care so deeply for their community,” Phillip said. Outside of work, he enjoys playing golf and basketball and spending time with his wife and children.

Phillip Shawn can be reached at or (903) 657-8521 ext. 5145.

About VeraBank
VeraBank is a privately owned community bank that serves 16 counties in East, Central and Southeast Texas with ~500 employees, a network of 40 conveniently located 877-566-2621 | | VeraBank, N.A. Member FDIC branches, $3.9 billion in assets, and trust assets under management of approximately $950 million. Since 1930, VeraBank has remained committed to genuine banking, providing excellent personal service with the latest in banking technology. Visit us online at Member FDIC.

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