VersaBank, a schedule 1 bank, provides banking products and services in Canada. The company provides commercial lending services to selected niche markets in Canada. It also purchases loan and lease receivables from nonbank financial services companies, and also originates and services real estate development and commercial loans. In addition, it offers deposit products. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was founded in 1979 and is based in London, Canada.
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