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Virginia Bankers Association Education Foundation Awards Brenna Green $7,500 College Scholarship; Awards $28,500 Overall to High School Seniors Across Virginia
The Virginia Bankers Association (VBA) Education Foundation is pleased to announce that Brenna Green is the statewide winner of the VBA Bank Day Scholarship Program (Bank Day). Brenna, who is a senior at Abingdon High School, was hosted by First Bank & Trust Co. to participate in Bank Day. Previously named the Southwest Virginia region winner, Brenna was awarded a $2,500 scholarship and will now receive an additional $5,000, for a total of $7,500 for her college education.
Tips to Protect Consumers During a Rise in Phishing Scams
In light of the recent rise in phishing scams, and specifically text scams, the Virginia Bankers Association (VBA) urges all bank customers to be vigilant in detecting these scams. Every day, thousands of people fall for fraudulent emails, texts, and calls from scammers pretending to be with a bank. These are commonly referred to as phishing scams. The communication is designed to trick consumers into providing confidential information (like account numbers, passwords, or PINs) either online or over the phone to someone imitating a bank employee. Victims of phishing scams can lose hundreds, even thousands of dollars. Newly released Federal Trade Commission data show that consumers reported losing more than $12.5 billion to fraud in 2024, which represents a 25% increase over the prior year.
$28,500 in College Scholarships to be Awarded to Twelve Students through VBA Bank Day Scholarship Program
This month, banks across Virginia are hosting nearly 600 high school seniors for the Virginia Bankers Association Education Foundation (VBA) Bank Day Scholarship Program (Bank Day). The third Tuesday in March was declared Bank Day by the Virginia General Assembly in 1991, and students will shadow Virginia bankers in their roles for this important program to learn more about the banking industry, careers in banking, financial services, and the vital role banks play in their communities. Other topics to be discussed include banking fundamentals, the importance of establishing credit, managing the student loan process, and more. Students also have access to a Virginia banking industry resource website that houses videos, articles, and podcasts to explore and use in their research.
Virginia Bankers Association Education Foundation and Banks Across Virginia Contribute Nearly $125,000 to Sponsor More than 17,000 Virginia Students and Staff for Virginia Reads One Book
Nearly 30,000 public school students and their families from across Virginia will read the same book on the same schedule starting Monday, March 3. It’s all part of Virginia Reads One Book – a statewide family financial literacy program designed to strengthen the educational connection between home and school from Richmond-based, Read to Them. The Virginia Bankers Association (VBA) Education Foundation and 23 banks across Virginia are proud sponsors of this program at 41 Title 1 elementary schools, sponsoring more than 50% of the total number of schools that will be participating in the program overall. This nearly $125,000 commitment supports more than 17,000 of the program participants.
Virginia Banks and the VBA Education Foundation Contribute $110,000 in Scholarships for 11 Community College Students
Beginning this week, the Virginia Bankers Association (VBA) Education Foundation and four Virginia banks will again sponsor the Virginia Banking Fellows Program in partnership with the Virginia Foundation for Community College Education (VFCCE). The mission of this statewide program is to provide opportunities for deserving community college students to pursue their academic goals, strengthen their leadership skills, and learn more about the banking industry.
VBA Elects New Officers
Congratulations to the 2024-2025 Chairman and Chairman-Elect
The Virginia Bankers Association elected new officers for its 2024-2025 board of directors during the 2024 VBA|MBA Joint Convention on June 4, 2024.
Virginia Bankers Association Education Foundation Awards Sydney Guthrie $7,500 College Scholarship; Awards $26,000 Overall to High School Seniors Across Virginia
The Virginia Bankers Association (VBA) Education Foundation is pleased to announce that Sydney Guthrie is the statewide winner of the VBA Bank Day Scholarship Program (Bank Day). Sydney, who is a senior at James Madison High School in Vienna, was hosted by Burke & Herbert Bank to participate in Bank Day. Previously named the Northern Virginia region winner, Sydney was awarded a $2,500 scholarship and will now receive an additional $5,000, for a total of $7,500 for her college education.
$26,000 in College Scholarships to be Awarded to Twelve Students through VBA Bank Day Scholarship Program
This month, banks across Virginia are hosting more than 650 high school seniors for the Virginia Bankers Association Education Foundation (VBA) Bank Day Scholarship Program (Bank Day). The third Tuesday in March was declared Bank Day by the Virginia General Assembly in 1991, and students will shadow Virginia bankers in their roles for this important program to learn more about the banking industry, careers in banking, financial services, and the vital role banks play in their communities. Other topics to be discussed include banking fundamentals, the importance of establishing credit, managing the student loan process, and more. Students also have access to a Virginia banking industry resource website that houses videos, articles, and podcasts to explore and research.
Virginia Bankers Association Education Foundation and Banks Across Virginia Contribute Nearly $112,000 to Sponsor More than 15,000 Virginia Students and Staff for Virginia Reads One Book Program
More than 29,000 public school students and their families from 68 schools across Virginia will read the same book on the same schedule starting Monday, March 4. It’s all part of Virginia Reads One Book – a statewide family financial literacy program designed to strengthen the educational connection between home and school from Richmond-based Read to Them. The Virginia Bankers Association (VBA) Education Foundation and 21 banks across Virginia are proud sponsors of this program at 38 Title 1 elementary schools, sponsoring nearly 50% of the total number of schools that will be participating in the program overall. This nearly $112,000 commitment supports more than 15,000 of the program participants.
Virginia Banks Join ABA Foundation, Banks Across U.S. for Annual Financial Education Campaign – “Get Smart About Credit”
Virginia banks are joining the American Bankers Association Foundation and banks across the country to promote the Get Smart About Credit program, a national campaign that encourages banks to teach teens and young adults how to manage their money.
D.C. Bankers Association Launches with Eighteen Members
District of Columbia – Maryland Bankers Association (MBA) and Virginia Bankers Association (VBA) together announce the formation of the D.C. Bankers Association (DCBA), which launched on July 28 to provide consistent and unified advocacy for the District of Columbia banking community.
Virginia Banks and the VBA Education Foundation Contribute $130,000 in Scholarships for 13 Community College Students
Beginning this fall, the Virginia Bankers Association (VBA) Education Foundation and seven Virginia banks will again sponsor the Virginia Banking Fellows Program in partnership with the Virginia Foundation for Community College Education (VFCCE). The mission of this statewide program is to provide opportunities for deserving community college students to pursue their academic goals, strengthen their leadership skills, and learn more about the banking industry.
VBA Announces Graduates of the Virginia Bankers School of Bank Management
Sixty Virginia bankers graduated from the Virginia Bankers School of Bank Management in Charlottesville on July 21, 2023. The three-year school is sponsored by the Virginia Bankers Association (VBA).
VBA Elects New Officers
Congratulations to the 2023-2024 Chairman and Chairman-Elect
The Virginia Bankers Association elected new officers for its 2023-2024 board of directors during their 130th Annual Convention on June 27, 2023.
Virginia Bankers Association Education Foundation Awards Carson Wang $7,500 College Scholarship; Awards $26,000 Overall to High School Seniors Across Virginia
The Virginia Bankers Association (VBA) Education Foundation is pleased to announce that Carson Wang is the statewide winner of the VBA Bank Day Scholarship Program (Bank Day). Carson, who is a senior at the Maggie L. Walker Governor’s School in Richmond, was hosted by Village Bank to participate in Bank Day. Previously named the Capitol region winner, Carson was awarded a $2,500 scholarship and will now receive an additional $5,000, for a total of $7,500 for his college education.
$26,000 in College Scholarships to be Awarded to Twelve Students through VBA Bank Day Scholarship Program
This month, banks across Virginia are hosting more than 460 high school seniors for the Virginia Bankers Association Education Foundation (VBA) Bank Day Scholarship Program (Bank Day). The third Tuesday in March was declared Bank Day by the Virginia General Assembly in 1991, and students will shadow Virginia bankers at the bank, or in some cases virtually, in their roles for this important program to learn more about the banking industry, careers in banking, financial services, and the vital role banks play in their communities. Other topics to be discussed include banking fundamentals, the importance of establishing credit, managing the student loan process, and more. Students also have access to a Virginia banking industry resource website that houses videos, articles, and podcasts to explore and research.
Virginia Banks Join ABA Foundation, Banks Across U.S. for Annual Financial Education Campaign – “Get Smart About Credit”
Virginia banks are joining the American Bankers Association Foundation and banks across the country to promote the Get Smart About Credit program, a national campaign that encourages banks to teach teens and young adults how to manage their money.
Virginia Banks and the VBA Education Foundation Contribute $130,000 in Scholarships for 13 Community College Students
Beginning this fall, the Virginia Bankers Association (VBA) Education Foundation and seven Virginia banks will sponsor the new Virginia Banking Fellows Program in partnership with the Virginia Foundation for Community College Education (VFCCE). The mission of this new statewide program is to provide opportunities for deserving community college students to pursue their academic goals, strengthen their leadership skills, and learn more about the banking industry.
VBA Announces Graduates of the Virginia Bankers School of Bank Management
Forty-four Virginia bankers graduated on July 29, 2022 from the Virginia Bankers School of Bank Management in Charlottesville. The three-year school is sponsored by the Virginia Bankers Association.
Virginia Bankers Association Education Foundation Awards Maggie L. Walker Governor’s School Senior $7,500 College Scholarship
Awards $26,000 Overall to High School Seniors Across Virginia
The Virginia Bankers Association (VBA) Education Foundation is pleased to announce that Ronit Jain is the statewide scholarship winner of the VBA Bank Day Scholarship Program (Bank Day). Ronit, who is a senior at the Maggie L. Walker Governor’s School in Richmond, was hosted by Village Bank to participate in Bank Day. Previously named the Capitol regional winner, Ronit was awarded a $2,500 scholarship and will now receive an additional $5,000, for a total of $7,500 for his college education.