Products and Services
Management Services is a subsidiary of the Virginia Bankers Association dedicated to bringing products and services to member banks that provide new income opportunities, offer cost savings, help banks stay in compliance and help train bank employees. A board of directors comprised of bank executives from across the state determines the activities of this corporation and provides continuous oversight to ensure quality programs. While Management Services has reviewed and recommends these providers to member banks, bankers are encouraged to and should perform their own review to determine whether the products and services are appropriate for their institution.
Endorsed Providers are organizations serving the banking industry that have been approved by the VBA as companies with which member banks should do business.
VBA Partner Organizations
The VBA has partnerships with a bank-owned insurance agency and several bank-owned title insurance agencies to bring more value-added services to VBA member banks and their customers.
Compliance Alliance is an exciting and innovative tool that represents the unified efforts of state bankers associations across the United States to provide critical compliance services to the banking industry. Compliance Alliance was formed with the belief that by working together each state banking association can more effectively reach its common goal of improving the competitive position of its member banks by helping ease the compliance and regulatory burden banks face. The Alliance understands the demands on your time and wants to provide your bank with the security of knowing everything you need for your bank to comply is readily available and easily accessible with a Compliance Alliance membership.
Regulatory Feedback Initiative
The Regulatory Feedback Initiative consists of a confidential electronic survey where banks can anonymously provide details on their most recent examination or visitation. The information will be aggregated and analyzed on a national level so we can begin to identify discrepancies in how bank regulations are being enforced.