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VersaBank (TSX:VB), a technology based and digital Canadian Schedule I chartered bank, operates using an “electronic branchless model”. It sources deposits, consumer loans, commercial loans and leases electronically. The Bank also makes residential development and commercial mortgages it sources through a well-established network of brokers and direct contact with its lending staff. Headquartered in London, Ontario, the Bank was granted its Schedule I license under the Bank Act (Canada) on August 1, 2002, prior to which the Bank had operated as a provincially licensed trust company since 1979.

VersaBank Questions

The VersaBank annual revenue was $83 million in 2026.

David Taylor is the President and CEO of VersaBank.

154 people are employed at VersaBank.

VersaBank is based in London, Ontario.

The NAICS codes for VersaBank are [522110, 5221, 52, 52211, 522].

The SIC codes for VersaBank are [60, 602].

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