Versa Bancorp has signed an important agreement and finished an acquisition.

VBNK · Versa Bancorp

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The company keeps the same executive team apart from one director's departure. He said his resignation was not tied to a disagreement, and a board member with financial expertise now leads the audit committee. The parent also takes on the existing stock-option plan and gives officers and directors rights to certain legal-cost advances and repayment. The filing does not say these changes will affect business results.