Education Foundation


VBA Education Foundation

The VBA formed the VBA Education Foundation in 2007 with funding from the majority of VBA member banks for the Walter Ayers Fund for Financial Education. This Fund was formed in honor of Past VBA President & CEO Walter Ayers’ contributions to Virginia’s banking industry and in recognition of his long-term commitment to economic education and financial literacy.

The Foundation’s mission is to improve personal financial literacy and economic education in the Commonwealth. The Foundation recognizes the importance of economic education and financial literacy in Virginia and supports the banking industry as a key participant in these areas.

For more information about the Foundation or any of the programs below, please contact Monica McDearmon.


Senior Resources

The VBA has partnered with the American Bankers Association and other organizations to provide our member banks with resources to help combat elder financial abuse that may be impacting their customers and their communities.


VBA Bank Day Scholarship Program

On this day, Virginia high school seniors spend a day in banks across the Commonwealth shadowing a banker in their daily duties. The purpose of this program is for the students to learn about banking, financial services, and the vital role banks play in their communities and scholarships are awarded annually to twelve students.


Virginia Reads One Book

The VBA Education Foundation is looking for Virginia banks interested in sponsoring Title 1 schools for the 2020 statewide Virginia Reads One Book program (VAROB). Through this month long program, students and families across Virginia participate in a statewide family reading event and celebrate both family and financial literacy.