– Bank Goes Live with First Real-Time SRP Partner, Financeit, and Expects to Roll Out to Other Partners Imminently –

– Industry First, AI-Enabled Real-Time SRP Capability Significantly Expands VersaBank's Addressable Point-of-Sale Market –

LONDON, ON, June 29, 2026 /CNW/ - VersaBank (TSX:VBNK) (NASDAQ:VBNK) ("VersaBank" or the "Bank") a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced the launch of its industry breakthrough Real-Time Structured Receivable Program (SRP).  Financeit Canada Inc. ("Financeit"), one of the Bank's largest SRP partners, is the first to utilize the real-time version of the SRP on a large scale following the successful completion, ahead of schedule, of the previously announced pilot program. VersaBank's Real-Time SRP is now available to other existing and prospective SRP partners in Canada and the United States.

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