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VersaBank received final regulatory approval for Versa Bancorp, a new Delaware corporation, to become the Bank’s direct holding company and targets completing the reorganization for November 13, 2026 after a minimum 15-calendar day waiting period.
VersaBank initiated the U.S. commercial phase for its proprietary tokenized deposits, with VersaBank USA preparing to issue interest-paying, FDIC insurance-eligible VUSD™ deposits for consumers and businesses of all sizes.
VersaBank partnered with Fiserv to support Bank of North Dakota’s live, U.S. dollar-backed Roughrider Coin stablecoin, handling minting, burning, custody and reserve asset management through VersaBank USA, N.A.; more than 90 participating banks and credit unions can use it.
VersaBank launched its Structured Receivable Program for U.S. small-business lenders, estimating that this more than doubles its U.S. market opportunity and supporting a target of at least US$3 billion in additional U.S. SRP fundings next year.
