Home: Spotlight
Coronavirus Updates & Resources
The VBA has developed this page of resources regarding coronavirus (COVID-19) to help keep Virginia banks informed.
- Coronavirus Update for Employers: Compliance Alert
- SCC Temporary Operational Changes
- SCC - Order Concerning Electronic Service of Commission Orders
- SCC's Revised Operating Procedures During COVID-19 Emergency
- here
- Additional SBA Economic Injury Disaster Loan Program Information
- Email Template PDF
- Customizable Email Template
- Mnuchin Memo & CISA Guidance
- COVID-19 Business Impact:What Can You Do to Help?
- Order Certifying Critical Infrastructure Workers
- Marsh & McLennan Agency: Navigating the Coronavirus & Managing the Impact
- MMA FFCRA Guide
- Customizable Covid-19 Tips Press Release
- Graphic 1: Your banker is listening.
- Graphic 2: Access to Funds
- Graphic 3: Your bank is prepared.
- Graphic 4: Looking out for you.
- Graphic 5: Your money is safe.
- Graphic 6: Your bank is ready to serve.
- Customizable COVID-19 Joint Press Release
- Read more
- CEO Conference Call Recordings
- ABA COVID 19 Resources
- ABA Staff Analysis: COVID-19 FAQ for Member Banks
- CFPB COVID-19 Resource Center
- CFTC COVID-19 Related Relief
- CSR Script for Account Closings
- FDIC COVID-19 Information for Bankers & Consumers
- Updated FDIC FAQ Document
- FEMA: Coronavirus Rumor Control
- Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus
- OCC COVID-19 Information
- Occupational Safety and Health Administration’s (OSHA) Guidance on Preparing Workplaces for COVID-19
- State Corporation Commission - BFI Policy Statement Regarding COVID-19
- Tips to Avoid Coronavirus Scams and Protect Your Money
- Troutman Sanders and Pepper Hamilton COVID-19 Resource Center
- Virginia Department of Health - COVID 19 in Virginia
Virginia Banks Open for Business and Ready to Assist Customers Impacted by COVID-19
The Virginia Bankers Association (VBA) is working closely with its 100 member banks across the state in proactively addressing the current Coronavirus (COVID-19) pandemic.
As the COVID-19 situation evolves, Virginia banks are taking aggressive steps to safeguard the health and safety of their customers, staff and communities while ensuring the delivery of important financial services such as money and credit availability.
Virginia Banking Industry Unites Home and School for More than 17,000 Students this Month
More than 17,000 Virginia students and their families are reading the same book on the same schedule during the month of March thanks to more than $86,000 of financial support from Virginia’s banking industry. The Virginia Bankers Association Education Foundation (VBA), supported by Virginia banks, is one of several sponsors of Virginia Reads One Book, a program from Richmond-based Read to Them. Other statewide sponsors include the Virginia Council on Economic Education, GoNoodle’s Blazer Fresh, The Washington Redskins Charitable Foundation and Tackle Reading.
Fairfax Academy Student, Sponsored by Burke & Herbert Bank, Wins 2nd Place in National Lights, Camera, Save! Video Contest
Congratulations to Fairfax Academy student, Sujay Khona, sponsored by Burke & Herbert Bank for winning 2nd place in this year’s Lights, Camera, Save! video contest. Watch the winning videos here. View pictures from the celebration here.
Lights, Camera, Save! is a video contest that engages teens in educating themselves and their peers about the value of saving and using money wisely.
Virginia Tech Seeking Bank Partners for New Credit Corps, Designed to Help Fill Our Talent Pipeline
Virginia Tech has recently piloted an exciting new program, Credit Corps, in partnership with Atlantic Union Bank. The unique experiential learning program is aimed at enhancing students’ skills in credit risk analysis, business analytics, teamwork, and portfolio management. By participating in this program, students gain experience in banking and risk management by participating in actual loans with their bank partner with real money from the Virginia Tech Foundation.
Virginia Bankers Offer Six Ways to Avoid Holiday Shopping Scams
As we near Black Friday, Small Business Saturday and Cyber Monday, shoppers should exercise caution while making purchases this holiday season.
“While millions of credit and debit card transactions are conducted safely every day, it’s important that consumers are aware of the potential for holiday scams,” said Bruce Whitehurst, president and CEO of the Virginia Bankers Association.
Virginia bankers offer the following tips to help consumers keep their information safe whether shopping in the store or online:
Virginia Bankers Recognize National Family Caregiver Month with Tips for Financial Caregivers
In recognition of National Family Caregiver Month in November, Virginia bankers are helping financial caregivers better understand and execute their roles. The Caregiver Action Network (the National Family Caregivers Association) began promoting national recognition of family caregivers in 1994. Nearly 44 million Americans are providing care to an individual suffering from illness, disability, limited mobility or age. A financial caregiver is a person who helps a senior manage his or her financial life. The relationship evolves as the needs change.
Virginia Bankers Reach More than 5,800 Teens through ‘Get Smart About Credit’ Initiative and Financial Education Lessons
Bankers across Virginia teamed up with the American Bankers Association Community Engagement Foundation’s Get Smart About Credit program as part of an ongoing effort to raise awareness among high school students about the importance of personal finance skills.
Virginia Bankers Provide Tips for Banking Online Safely and Being More Cybersecure
October is National Cybersecurity Awareness Month
Cyber-attacks are becoming more and more sophisticated and common. According to the 2017 Norton Cyber Security Insights Report, 143 million U.S. consumers were victims of cybercrime – more than half of the country’s adult online population – with losses totaling nearly $19.5 billion. In recognition of National Cybersecurity Awareness Month in October, the Virginia banking industry is highlighting tips and information to help consumers protect themselves from such cyber-attacks.
Sixty-Two Graduate from the Virginia Bankers School of Bank Management
Congratulations to the Class of 2019
Sixty-two Virginia bankers graduated on August 2, 2019 from the Virginia Bankers School of Bank Management at the University of Virginia in Charlottesville. The three-year school is sponsored by the Virginia Bankers Association in cooperation with the Darden School of Business at the University.