Verran Sparebank - History

History

Verran Sparebank was founded in 1907 to serve as a local bank for the municipalities of Verran and Mosvik. Already in 1909 the bank got its first female chairman. The bank was a member of the Terra bank alliance, and was one of four savings banks in the county of Nord-Trøndelag to remain independent. The others joined the regional Sparebanken Midt-Norge. Because Grong Sparebank, Verran Sparebank's merger partner, was one of the other independent savings banks, that number of independent savings banks is currently reduced to three.

At the time of merger, Verran Sparebank was the smallest independent bank in Norway.

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