VersaBank to Sell Its Only Bank Branch to Stearns Bank
Hey Digital Banking Fanatic!
VersaBank just made headlines by selling its only physical branch in Holdingford, Minnesota, to Stearns Bank.
Federally chartered in both Canada and the U.S., VersaBank is valued at 605 million CAD (approximately 430 million USD at current exchange rates).
According to their Founder and President,