VersaBank (NASDAQ: VBNK) names Chamberlain SVP, investor relations
Rhea-AI Filing Summary
VersaBank appointed investor relations veteran Lawrence Chamberlain as Global Senior Vice President, Investor and Stakeholder Relations, effective immediately. He has supported the bank’s investor relations program on a consulting basis for six years, and leadership cites his deep understanding of the business, strategy and growth opportunities.
Management commentary highlights expectations for significant, rapid growth from U.S. business and opportunities in the Digital Asset sector, as well as value-driving catalysts such as a proposed reorganization. The announcement also outlines VersaBank’s branchless business-to-business digital banking model, its Structured Receivable Program now extended to the underserved multi-trillion-dollar U.S. market after being described as highly successful in Canada for over 15 years, and its DRT Cyber subsidiary focused on cybersecurity and Real Bank Tokenized Deposits™. Forward-looking statements related to a registration statement, a shareholder meeting and the proposed reorganization are accompanied by an extensive discussion of economic, regulatory and market risks.
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Filing Explained
This Form 6-K furnishes VersaBank’s August 4 appointment announcement as interim information; the filing states that the report and exhibit are not deemed filed under Section 18 or incorporated by reference into other securities filings.
Key Figures
Capital markets experience: more than three decades
Structured Receivable Program track record: over 15 years
U.S. market size for point-of-sale finance companies: multi-trillion-dollar U.S. market
3 metrics
Capital markets experience
more than three decades
Length of Lawrence Chamberlain’s capital markets career
Structured Receivable Program track record
over 15 years
Period the Structured Receivable Program is described as highly successful in Canada
U.S. market size for point-of-sale finance companies
multi-trillion-dollar U.S. market
Size of the underserved U.S. market targeted by the Structured Receivable Program
Key Terms
business-to-business digital banking, Structured Receivable Program, Real Bank Tokenized Deposits™, Registration Statement, +1 more
5 terms
business-to-business digital banking financial
"a North American leader in business-to-business digital banking"
Structured Receivable Program financial
"launched its unique Structured Receivable Program funding solution"
A structured receivable program is a financing arrangement where a company turns its future customer payments into immediate cash by selling or pledging those expected receipts into a dedicated pool or vehicle. Think of it like selling future paychecks today to get money now; investors watch these programs because they change a company’s cash flow and risk profile, can affect reported debt and earnings, and rely on the quality and predictability of the underlying payments.
Real Bank Tokenized Deposits™ financial
"including the Bank's revolutionary and proprietary Real Bank Tokenized Deposits™"
Registration Statement regulatory
"expectation that the SEC will declare the Registration Statement effective"
A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.
forward-looking statements regulatory
"public communications often include written or oral forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What executive appointment did VersaBank (VBNK) announce on August 4, 2026?
VersaBank appointed Lawrence Chamberlain as Global Senior Vice President, Investor and Stakeholder Relations, effective immediately. He had advised the bank’s investor relations program for six years and now joins the executive leadership team in a full-time role overseeing communication with investors and other stakeholders.
What will Lawrence Chamberlain’s role be at VersaBank (VBNK)?
Chamberlain becomes Global Senior Vice President, Investor and Stakeholder Relations, leading engagement with shareholders, analysts and broader stakeholders. Management notes his trusted relationships with the board and senior team and his focus on communicating VersaBank’s strategy and efforts to drive shareholder value.
What experience does Lawrence Chamberlain bring to VersaBank (VBNK)?
Chamberlain brings more than three decades of capital markets experience, largely in investor relations and capital markets communications. He previously was a partner at LodeRock Advisors and has designed strategic investor relations programs for numerous publicly traded companies across varied industries and sizes.
How does VersaBank (VBNK) describe its business model and operations?
VersaBank describes itself as a branchless, business-to-business digital bank operating in Canada and the U.S. It sources most deposits electronically through financial intermediaries, emphasizes risk mitigation, and highlights operating leverage that it says supports efficiency and return on common equity.
What growth opportunities and catalysts does VersaBank (VBNK) highlight?
Management references expectations for significant, rapid growth from U.S. business and opportunities in the Digital Asset sector. They also mention multiple low-risk near- and long-term growth opportunities and describe a proposed reorganization as a potential value-driving catalyst for shareholders.
What forward-looking statements and risks does VersaBank (VBNK) discuss?
Forward-looking statements cover the expectation that the SEC will declare a Registration Statement effective, the nature and timing of a shareholder meeting, and impacts of a proposed reorganization. The communication lists numerous risk factors, including economic conditions, regulation, competition, technology change and geopolitical events.
What other businesses and technologies does VersaBank (VBNK) emphasize?
VersaBank highlights its Structured Receivable Program for point-of-sale finance companies, described as highly successful in Canada for over 15 years and recently launched into the U.S. It also points to DRT Cyber Inc., which provides cybersecurity services and technology including Real Bank Tokenized Deposits™.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August, 2026
Commission File Number: 001-40805
VersaBank
(Exact name of registrant as specified in its charter)
140 Fullarton Street, Suite 2002
London, Ontario N6A 5P2
Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F o Form 40-F x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
On August 4, 2026, VersaBank issued a press release titled "VersaBank appoints investor relations veteran Lawrence Chamberlain as Global SVP, Investor and Stakeholder Relations", a copy of which is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K.
The information in this Form 6-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| VERSABANK | ||||||||
| Date: August 4, 2026 | By: | /s/ Tammie Ashton | ||||||
| Name: Tammie Ashton | ||||||||
| Title: Global Executive Vice President | ||||||||
EXHIBIT INDEX
Exhibit No. | Description | |||||||
99.1 | Press Release dated August 4, 2026 titled "VersaBank appoints investor relations veteran Lawrence Chamberlain as Global SVP, Investor and Stakeholder Relations". | |||||||
For Immediate Release: August 4, 2026 Attention: Business Editors VERSABANK APPOINTS INVESTOR RELATIONS VETERAN LAWRENCE CHAMBERLAIN AS GLOBAL SVP, INVESTOR AND STAKEHOLDER RELATIONS LONDON, ONTARIO/CNW/ – 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 the appointment of investor relations veteran Lawrence Chamberlain as Global Senior Vice President, Investor and Stakeholder Relations, effective immediately. “Lawrence has played an integral role in VersaBank’s investor relations program for the last six years on a consulting basis and has developed a deep understanding of our business, strategy and growth opportunities, transforming the communication of our investment thesis while increasing visibility of that thesis,” said David Taylor, Founder and President, VersaBank. “As our investor base continues to expand alongside what we expect to be significant, rapid growth driven by U.S. business, as well as our tremendous opportunity in the Digital Asset sector, it was a natural progression to bring Lawrence onto the VersaBank team in a full-time executive leadership role. His earned trust of the VersaBank Board of Directors and senior management team, long-standing relationships with our analysts and investors and deep understanding of the Bank’s strategy to drive shareholder value, ideally position him for this critical role at this inflection point for our Bank.” “Having worked closely with David and the rest of the exceptional team at VersaBank for the last six years, I have been privileged to contribute to the Bank’s increasing recognition as one of the most innovative financial institutions in the world,” said Mr. Chamberlain. “Multiple low-risk near and long-term growth opportunities, as well as value-driving catalysts like the proposed reorganization with its numerous benefits, make this an especially exciting time to formally join the Bank. I look forward to continuing to build relationships with investors and other stakeholders, in particular, further expanding awareness of VersaBank’s unique and very attractive investment proposition.” Mr. Chamberlain brings to VersaBank more than three decades of capital markets experience, the vast majority of which was in investor relations and capital markets communications roles. Over the course of his career, he has developed and executed strategic investor relations programs for dozens of publicly traded companies across a wide range of industries and market capitalizations. Most recently, he was a partner at LodeRock Advisors, where he contributed to its growth into Canada’s leading investor relations and capital markets communications consultancy. Prior to that, Mr. Chamberlain held increasingly senior executive roles at several Canadian investor relations consulting firms, and served in-house as a Manager, Investor Relations for a TSX-listed information technology company and several emerging technology companies. ABOUT VERSABANK
VersaBank is a North American bank with a difference. Federally chartered in both Canada and the U.S., VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk mitigated manner. Because VersaBank obtains substantially all of its deposits and undertakes the majority of its funding activities electronically through financial intermediary partners, it benefits from significant operating leverage that drives efficiency and return on common equity. In August 2024, VersaBank launched its unique Structured Receivable Program funding solution for point- of-sale finance companies, which has been highly successful in Canada for over 15 years, to the underserved multi-trillion-dollar U.S. market. VersaBank also owns Minnesota-based DRT Cyber Inc., a North American leader in the provision of cyber security services to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities. Through DRT Cyber Inc., VersaBank owns proprietary intellectual property and technology to enable the next generation of digital assets for the banking and financial community, including the Bank's revolutionary and proprietary Real Bank Tokenized Deposits™. VersaBank's Common Shares trade on the Toronto Stock Exchange and NASDAQ under the symbol VBNK. FORWARD-LOOKING STATEMENTS VersaBank's public communications often include written or oral forward-looking statements. Statements of this type are included in this press release and may also be included in other securities filings or in other communications. All such statements are made pursuant to the "safe harbor" provisions of, and are intended to be forward-looking statements under, the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. The statements in this press release that relate to future events or future performance are forward-looking statements, including statements regarding the expectation that the SEC will declare the Registration Statement effective, the nature and timing of the Meeting, the impact of the Reorganization on VersaBank and its shareholders and other matters relating to the Reorganization. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, many of which are beyond VersaBank's control. There is a risk that predictions, forecasts, projections and other forward-looking statements will not be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements, as a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such statements. These factors include, but are not limited to: the strength of the Canadian and US economies in general and the local economies in which VersaBank operates; the effects of changes in monetary and fiscal policy, including changes in interest rate policies of the Bank of Canada and the US Federal Reserve; global commodity prices; the effects of competition in the markets in which VersaBank operates; inflation; capital market fluctuations; the timely development and introduction of new products in receptive markets; the impact of changes in laws, including trade laws and tariffs, and regulations applicable to financial services; changes in tax laws; technological changes; unexpected judicial or regulatory proceedings; unexpected changes in consumer spending and savings habits; the impact of wars or conflicts and related effects on global supply chains and markets; the impact of outbreaks of disease or illness affecting local, national or international economies; the possible effects of terrorist activities; natural disasters and disruptions to public infrastructure (including transportation, communications, power or water supply); and VersaBank's ability to anticipate and manage the risks associated with these factors.
The foregoing list of important factors is not exhaustive. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors as well as other uncertainties and potential events. The forward-looking information contained in this press release is presented to assist VersaBank shareholders and others in understanding VersaBank's financial position and may not be appropriate for any other purposes. Except as required by applicable securities laws, VersaBank does not undertake to update any forward-looking statement contained in this press release or made from time to time by VersaBank or on its behalf. FOR FURTHER INFORMATION, PLEASE CONTACT: Lawrence Chamberlain Global Senior Vice President, Investor and Stakeholder Relations (416) 540-7486 lawrencec@versabank.com Visit our website at: www.versabank.com Follow VersaBank on Facebook, Instagram, LinkedIn and X