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Home ABA Banking Journal Podcast

Podcast: A Canadian bank’s versatile business model

September 4, 2024
Reading Time: 1 min read
Podcast: A Canadian bank’s versatile business model

David Taylor behind the controls of his personal aircraft.

Earlier this week, VersaBank closed on its purchase of Stearns Bank Holdingford N.A., giving the Canadian point-of-sale lender a point of entry into the U.S. market. On the season eight premiere of the ABA Banking Journal Podcast — sponsored by Alkami — VersaBank founder and CEO David Taylor discusses the bank’s growth plans in the United States.

Taylor also explores his career history in banking, the story of VersaBank as the first new bank to receive a license in Canada in 18 years, how the bank developed a deposit broker network in Canada, VersaBank’s point-of-sale lending strategy (and how it can acquire loans without any equity from the finance company), and VersaBank’s talent and culture.

This episode is presented by Alkami.

If you can’t see the audio player above, click here to listen to this week’s episode.

In this episode:

David R. Taylor
Founder, President and CEO
VersaBank

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Tags: ABA Banking Journal PodcastBrokered depositsConsumer lendingCultureDigital bankingEmployee recruitmentFintechInnovation
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