LONDON,
ON, Oct. 24, 2024 /CNW/ - VersaBank
("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today
announced management will participate in the ThinkEquity Conference
to be held October 30, 2024 in New
York City. David Taylor,
President and CEO, will present at 4:30 p.m.
ET. A live webcast of the presentation will be made
available on the Bank's website at
https://www.versabank.com/investor-relations/events-presentations/.
About VersaBank
VersaBank is a North American bank (federally chartered in
Canada and the US) with a
difference. VersaBank has a branchless, digital,
business-to-business model based on its proprietary
state-of-the-art technology that enables it to profitably address
underserved segments of the banking industry in a significantly
risk mitigated manner. Because VersaBank obtains substantially all
of its deposits and undertakes the majority of its lending
electronically through financial intermediary partners, it benefits
from significant operating leverage that drives efficiency and
return on common equity. In August
2024, VersaBank launched its unique Receivable Purchase
Program (RPP) funding solution for point-of-sale finance companies,
which has been highly successful in Canada for nearly 15 years, to the underserved
multi-trillion-dollar US market. VersaBank also owns Washington, DC-based DRT Cyber Inc., a
North America leader in the
provision of cyber security services to address the rapidly growing
volume of cyber threats challenging financial institutions,
multi-national corporations and government entities.
VersaBank's Common Shares trade on the Toronto Stock Exchange
("TSX") and Nasdaq under the symbol VBNK. Its Series 1 Preferred
Shares trade on the TSX under the symbol VBNK.PR.A.
Visit our website at: www.versabank.com
Follow VersaBank on Facebook, Instagram, LinkedIn and X.
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SOURCE VersaBank
