VERSABANK ADDS SECOND US RPP PARTNER; RAPIDLY SURPASSES US$70 MILLION IN US RPP ASSETS IN JUST 75 DAYS
VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced, through its wholly owned subsidiary, VersaBank USA National Association, it has entered into an agreement with its second US Receivable Purchase Program ("RPP") partner under which the partner will leverage VersaBank's innovative RPP to fund a portion of its loan and lease originations.