The bank also took over VÅR Bank's operations in Møre and Romsdal when it was bought by SpareBank 1. The bank markets itself as SpareBank 1 Ålesund in Ålesund.
The bank acquired VÅR Bank's operations in Møre and Romsdal when it was purchased by SpareBank 1. The bank now operates under the name SpareBank 1 Ålesund in Ålesund.