VersaBank Board Urges Shareholders to Approve Reorganization
VersaBank announced a special shareholders meeting on September 16, 2026, to vote on a proposed reorganization aimed at streamlining operations and realigning its corporate structure to a standard U.S. bank framework, including transitioning Versa Bancorp as the publicly traded entity. The company also lowered its 2026 revenue growth forecast to 1.5%-2%.