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VersaBank (formerly Pacific & Western Bank of Canada) is a Schedule I branchless Canadian bank. It is a small bank with about 100 employees and was designed as a niche lender that serves markets not well addressed by the larger banks. It primarily provides deposit and lending services. It offers corporate leasing and corporate loans, condominium corporation financing, real estate lending, consumer loans, home credit cards as well as guaranteed investment certificates (GICs), registered retirement savings plans, daily interest savings accounts, tax-free savings accounts (TFSA), trustee deposits, mortgage tax accounts, business accounts and other services. The company offers its deposit services through a nationwide network of deposit brokers and financial advisors. The lending operations are located in Waterloo, Toronto, London, Saskatoon, and Vancouver. It also provides credit card services to Home Hardware Stores Limited (HHSL), a leading independent home improvement retailer with over 1,070 stores in Canada. The Bank was established in 1980 and is headquartered in London, Ontario. In 2002, it was granted a federal charter to become a Schedule I bank. Prior to that, it operated as a provincially licensed trust company. At April 30, 2017, VersaBank had total assets of C$1.689 billion, deposits of C$1.348 billion and loans of C$1.543 billion. The company is a member of the Canada Deposit Insurance Corporation and the Canada Mortgage and Housing Corporation (CMHC).
Head office address:
140 Fullarton Street, Suite 2002
London, Ontario N6A 5P2
Canada
Phone number: +1 519 645 1919
Fax: +1 519 645 2060
Toronto Stock Exchange: VB
Website: www.versabank.com
VersaBank Locations:
Saskatoon
Suite 950, 410 22nd Street East, Saskatoon, Saskatchewan S7K 5T6
Phone: (306) 244-1868
Ottawa
Suite 905, 275 Slater Street, Ottawa, Ontario K1P 5P3
Phone: (866) 979-1919
Toronto
Suite 1003, 357 Bay Street
Toronto, Ontario M5H 2T7
T. (416) 203-0882
Waterloo
Suite 904, 20 Erb Street West, Waterloo, Ontario N2L 1T2
T. (866) 979-1919
Calgary
Suite 900, 510-5th Street SW, Calgary, Alberta T2P 3S2
T. (403) 265-5913
Vancouver
40733 Perth Drive, Garibaldi Highlands, British Columbia V0N 1T0
T. (604) 984-7564