Stearns Bank sells branch to digital|only VersaBank of Canada

VersaBank completes purchase of tiny Minnesota bank - Banking Dive

Canadian lender VersaBank closed its acquisition of Saint Cloud, Minnesota-based Stearns Bank Holdingford Tuesday, rebranding the one-branch firm VersaBank USA.

VersaBank receives approval by Federal Reserve to acquire ...

... Stearns Bank Holdingford, by Canadian-based VersaBank ... VersaBank became the world's first fully digital financial institution when it ...

Stearns Bank sells branch to digital-only VersaBank of Canada

Stearns Financial Services Inc., the parent company of St. Cloud-based Stearns Bank, said Tuesday it's selling one of its subsidiaries to ...

VERSABANK CLOSES U.S. BANK ACQUISITION - PR Newswire

VersaBank acquired 100% of the outstanding shares of SBH from Stearns Financial for cash consideration of approximately US$14.0 million (CAD$19.3 million).

VersaBank's cross-border acquisition of Minnesota lender gets final ...

Canada's Office of the Superintendent of Financial Institutions has approved VersaBank's acquisition of Minnesota-based Stearns Bank Holdingford ...

Fed Approves VersaBank Acquisition of Stearns Bank - PYMNTS.com

... bank focused on B2B digital banking and ... Canada's first financial institution to be digital-only and operate without a branch.

VersaBank Stock Hits 52-Week High on Acquisition of Stearns Bank

VBNK hits a 52-week high following its buyout of SBH and the launch of RPP, a digital funding solution that provides lending to individuals ...

VersaBank receives approval to acquire Stearns Bank

The bank will now need approval from the Canadian regulator the Office of the Superintendent of Financial Institutions, according to a press ...

VERSABANK RECEIVES FINAL U.S. APPROVAL FOR U.S. BANK ...

VersaBank will now seek approval for the Stearns Holdingford acquisition from its Canadian regulator, the Office of the Superintendent of ...

VERSABANK RECEIVES CANADIAN REGULATORY APPROVAL ...

VersaBank is targeting close of the US Bank Acquisition for August 30, 2024. Stearns Holdingford is an independent OCC-chartered national bank with US$79 ...

Canadian bank still waiting on regulators to OK cross-border merger

VersaBank, based on London, Ontario, agreed to buy Stearns Bank Holdingford, a one-branch institution in Minnesota, in June 2022. But the transaction still has ...

VersaBank Acquires Stearns Bank Holdingford

Canadian-based VersaBank, a leader in digital banking and cyber security solutions, is acquiring SBH through its wholly owned US subsidiary, VersaHoldings US ...

Canadian bank buys Stearns Bank - Finance & Commerce

Tuesday's announcement marks VersaBank's expansion into the U.S. The company is “a leader in digital banking and cybersecurity solutions,” ...

Canadian bank's Minnesota deal gets Fed approval - Yahoo Finance

... Canadian lender VersaBank's application to acquire Minnesota-based Stearns Bank Holdingford. ... Stearns Bank Holdingford is a single-branch ...

VersaBank brings point-of-sale finance business to US with Stearns ...

VersaBank's acquisition of Stearns Bank Holdingford NA, a Stearns Financial Services Inc. subsidiary, will open the Canadian company's point ...

Order Approving the Acquisition of a Bank - Federal Reserve Board

(“GBH”), Breslau, Canada; VersaBank, London, Canada, a foreign bank ... requested the Board's approval to acquire Stearns Bank Holdingford ...

Canadian company purchases Stearns Bank Holdingford - VersaBank

VersaHoldings US Corp. acquired the charter for Stearns Bank Holdingford NA, which gives Canada-based VersaBank its first opportunity to expand into the US.

VersaBank Stock Hits 52-Week High On Acquisition Of Stearns Bank

The RPP, in line with VersaBank's no-branch ... SBH will leverage VersaBank's advanced banking technology to continue developing its digital ...

VersaBank closes Stearns Bank deal, extends its main lending ...

LONDON, Ont. — Business-client focused VersaBank has closed an acquisition that will see it expand its main lending product to the U.S. ...

VersaBank expands into U.S. market with Stearns Bank acquisition

Breaking News: National Bank Acquires Canadian Western Bank On ... SmartSave, UK digital bank Chetwood Financial Limited's ...