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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
Loans,bulk leases,debt of corporations,commercial mortgages and residential development mortgages and gics and other competitive deposit products.
Versabank operates in the Banking industry.
Versabank's revenue is 1b+
Versabank has 51 - 200 employees.
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