Institution profile · Domestic bank (Schedule I)

VersaBank

ActiveVersaBankCDIC

VersaBank is a London, Ontario Schedule I bank that operates without branches. In 2024 it bought a small Minnesota bank, now VersaBank USA.

Profile facts checked October 30, 2026

Mitey the Yeti with a notebook, adding up a year of VersaBank fees

At a glance

Legal name: VersaBank
Type: Domestic bank (Schedule I)
Head office: London, ON
Founded: 1979 — Incorporated in 1979 as Pacific & Western Trust Corporation.
Regulator: Office of the Superintendent of Financial Institutions (OSFI) for safety and soundness; Financial Consumer Agency of Canada (FCAC) for consumer protection
Website: www.versabank.com

Deposit protection

CDIC member.

VersaBank doesn’t list personal chequing or savings accounts in FCAC’s Account Comparison Tool (retrieved November 1, 2026), so we can’t price its accounts here. Check its own fee disclosures.

On the official lists

Computed from OSFI’s list (file dated October 1, 2026) and CDIC’s member list, checked October 30, 2026
Legal entity	OSFI list	CDIC member
VersaBank	OSFI — Schedule I domestic bank	Yes

Facts, with sources

Head and registered office at 140 Fullarton Street, London, Ontario.
Source: versabank.com
Acquired Stearns Bank Holdingford, N.A. on August 30, 2024, renamed VersaBank USA National Association.
Source: versabank.com
Shares listed on the TSX and Nasdaq (VBNK).
Source: versabank.com

Mitey the Yeti, CanadianBanks.ca’s guide, pointing out a tip

Mitey’s note

Fees for this institution aren’t in FCAC’s tool. Ask for its fee schedule and put the numbers into the account-fee calculator.

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