VersaBank

David Taylor, VBNK Founder & CEO, was recently featured on the American Banking Association's Banking Journal Podcast to discuss how VersaBank is leveraging decades of success in Canada for the US market through its new US Bank acquisition. Listen here: https://lnkd.in/dK5ZqGr4

This will enable $VBNK to further capitalize on the significant operating leverage in our digital, branchless model to drive growth in profitability and return on common equity and efficiency. Full press release here https://lnkd.in/guiAJT_i.

Yesterday, VersaBank reported its Q3 and YTD 2024 results, which continue to demonstrate the strength of its business model as the Bank enters the US market. Read the full press release for more details: https://lnkd.in/gQZcR9iJ

VersaBank today announced the appointments of four senior executives to its newly created U.S. subsidiary, VersaBank USA. "The appointments of these four experienced bank industry veterans establishes the senior team that will oversee our U.S. operations and will enable VersaBank to hit the ground running with our innovative Receivables Purchase Program (RPP) immediately following close of our U.S. bank acquisition later this summer," said David Taylor, President and Chief Executive Officer, VersaBank. Refer to the press release for more details https://lnkd.in/gTmDu-_e #VBNK

David Taylor, Founder and CEO, recently sat down with Nasdaq to discuss the Bank’s transformational opportunity in the U.S. as it approaches the closing of it’s U.S. Bank Acquisition. Watch it here: https://lnkd.in/e69nKBKf

David Taylor, VBNK CEO and team in NYC earlier this week for the 2024 KBW Bank Investor Conference, looking forward to the imminent US launch of our innovative Receivables Purchase Program. Thanks for the visibility, Nasdaq! #VBNK

VersaBank will participate in the 25th Annual KBW Community Bank Investor Conference to be held July 30-31, 2024 in New York City. Management will participate in one-on-one meetings throughout the conference. For more information, refer to the press release: https://lnkd.in/gNJZeqcP #VBNK

VersaBank today announced the appointments of four senior executives to its newly created U.S. subsidiary, VersaBank USA. "The appointments of these four experienced bank industry veterans establishes the senior team that will oversee our U.S. operations and will enable VersaBank to hit the ground running with our innovative Receivables Purchase Program (RPP) immediately following close of our U.S. bank acquisition later this summer," said David Taylor, President and Chief Executive Officer, VersaBank. Refer to the press release for more details https://lnkd.in/gTmDu-_e #VBNK

VersaBank today announced that it has received approval from its Canadian regulator, OSFI, to proceed with its acquisition of a U.S. Bank.    “OSFI’s approval of our U.S. bank acquisition – the final regulatory hurdle for this transformational next step in our growth strategy – paves the way for the launch of our unique and highly successful Receivable Purchase Program (RPP) to the largest point-of-sale financing market in the world,” said David Taylor, President and Chief Executive Officer, VersaBank.   For more details, refer to the press release: https://lnkd.in/ggNt-CUH #VBNK

Our RPP opportunity in the U.S., combined with the expected continued growth in our RPP portfolio in Canada, will enable VersaBank to drive strong, sustainable growth in our loan portfolio for years to come and increasingly capitalize on the significant operating leverage in our business model, driving outsized improvements in efficiency and growth in profitability and return on common equity that is unmatched in the North American banking industry. Visit https://lnkd.in/g6aytnDM to learn more.