VUSD™ are U.S.-dollar, interest-paying bank deposits represented on the blockchain, eligible for FDIC deposit insurance.
It's a real deposit at a real bank.
In the future, VersaBank also plans to offer its tokenized deposit technology to community and regional banks across the U.S. Developed by a bank, for banks.
Read the full release here: versabank.com/versabank-init…
VersaBank mints and burns the coin, holds it in custody and manages its reserve assets. Those are bank functions and we believe they should be provided by a federally licensed, regulatory supervised institution.
Developed in partnership with Fiserv, Roughrider Coin is the first product on the Fiserv Digital Asset Platform. It enables near real-time bank-to-bank settlement for more than 90 participating banks and credit unions across North Dakota.
Read the full release here: versabank.com/versabank-part…
VersaBank shareholders voted yesterday in favor of the Bank's proposed reorganization, under which Versa Bancorp, a new Delaware corporation, will become VersaBank's direct holding company. 99% of shares voted were cast in favor, exceeding the 66.6% threshold required.
Our shareholders have given us a clear mandate.
Completion of the Reorganization is still subject to approval by the Minister of Finance in Canada and the Federal Reserve Board in the U.S.
Read more: versabank.com/versabank-shar…
SRP partners in the United States can now finance individual point-of-sale loans within hours, instead of warehousing receivables for five to 30 days or more.
ECN Capital is the first to implement VersaBank's Real-Time Structured Receivable Program in the U.S. Removing the need for interim warehouse financing lowers a partner's overall funding cost, and evaluating the underlying loans individually through VersaBank's internal AI platform strengthens the Bank's risk mitigation further.
Another first for VersaBank.
versabank.com/versabank-anno…
Fiscal 2026 has been a breakout year for VersaBank, and the third quarter carried it forward.
Results released this morning show revenue up 23% year over year to a new record, net income up 53% and adjusted (core) net income up 27%, driven by the accelerating ramp of our Structured Receivable Program in the United States, with steady growth in Canada alongside it. VersaBank also expects to drive further efficiency through broader implementation of AI.
"We have set a target for fiscal 2027 to grow our U.S. SRP portfolio by at least US$3 billion in new fundings, with significant additional upside potential, and accelerated growth in Canada," said Founder and President @DavidTaylorVB. "The recent launch of our Real-Time SRP – a breakthrough in point-of-sale industry funding – is generating considerable incremental demand from both existing and prospective new partners."
Thank you to everyone who joined this morning's call.
Full results and webcast replay: versabank.com/investor-relat…
VersaBank reports Q3 fiscal 2026 financial results tomorrow morning.
Founder and President @DavidTaylorVB and Global CFO Nicolas Ospina host the conference call and webcast at 9:00 a.m. ET. Results hit the wire at approximately 7:00 a.m. ET.
Register or dial in: versabank.com/investor-relat…
Join us for VersaBank's Q3 fiscal 2026 financial results conference call and webcast on Thursday, September 3.
Founder and President @DavidTaylorVB and Global CFO Nicolas Ospina will present the quarter's results and outlook for the Bank at 9:00 a.m. ET, followed by questions from analysts.
A chance to hear directly from senior management on performance and strategy.
Register or dial in: versabank.com/investor-relat…
We're pleased to announce that VersaBank's Form S-4 for its proposed Reorganization has been declared effective by the SEC — clearing the way for our Sept. 16 shareholder vote.
Full release including important information for shareholders: versabank.com/releases/?VERS…
VersaBank’s Real-Time Structured Receivable Program (SRP) is now live in Canada and the United States. @Financeit, one of the Bank’s largest SRP partners, is the first to adopt it at scale — following the successful, ahead-of-schedule completion of VersaBank’s pilot.
Another first for VersaBank.
Real-Time SRP lets partners finance individual point-of-sale loans instantly, instead of warehousing receivables over time. We’ve now launched across Canada and the U.S.
VersaBank Founder and President @DavidTaylorVB was honoured as a guest speaker at yesterday’s launch of Monarchy and Democracy: A History of Leadership — an official @HistParl project — held on the grounds of Westminster Abbey.
The publication spotlights 100 years of democracy, leadership, and progress across the UK and Commonwealth. Proud to be part of it.
@sjhouseofficial #Monarchy #Democracy #Parliament #HistParl
That’s right! Thanks to @Juha_Jonathan, @financialpost for the interview.
Q2 results are out — record revenue, credit assets and book value. The growth story continues. $VBNK.
More: versabank.com/investor-relat…
VersaBank founder says trade tensions hurting Canada, but his bank is still growing lfpress.com/business/local-b…
#ICYMI— VersaBank reported Q2 fiscal 2026 financial results on Wednesday.
Replay and full results available here: versabank.com/investor-relat…
Founder and President, @DavidTaylorVB highlighted two forward-looking updates from this morning's call:
➡️AI-enabled real-time SRP funding capability now in pilot with FinanceIt — partners can finance individual loans in hours
➡️Form S-4 Registration Statement filed with the SEC — a significant step in VersaBank's U.S. reorganization.
Full results + webcast replay are available here: versabank.com/investor-relat…