VBA Bank Day Scholarship Program
Sponsored by the VBA Education Foundation & the VBA Emerging Bank Leaders

Conference/Seminar/School Monica McDearmon

Bank Day Scholarship Program Seal

What is Bank Day?

The third Tuesday in March was declared Bank Day in Virginia by the Virginia General Assembly in 1991. On this day, Virginia high school seniors learn about banking, financial services, career opportunities in the industry and the vital role banks play in their communities. 

From their experience, the students are required to write an essay, and thirteen scholarships (six honorable mention, six regional, and one statewide) will be awarded on the basis of the essays. 

“My interactions with the bank are but one thread woven into the vast network of bank functions. Not merely a facility for lending and borrowing, banks are a hub for community growth. With small-business-friendly policies and generous lending programs, banks provide the stepping-stones for anyone to build their own financial success.” - Emily Carder, 2020 Statewide Winner

2022 Program Details

The 2022 Bank Day Scholarship Program will be held in a hybrid format for 2022, with content provided from the VBA and an option to host students in-person at your bank, virtually or a combination of both! Students will have access to a VBA-created Bank Day resource page over a three week window from March 14-April 1, 2022. This resource page will house all relevant information that students will need to research and complete their essay for a chance to win college scholarships. 

For 2022, the VBA will also provide recommendations for how to host your students on your Bank Day, no matter what format you choose (either virtual or in-person). Banks will also be encouraged to provide supplemental information on ways their banks support their local communities.

Interested in Learning More? View the 2022 Informational Meeting Recording Here!

Learn more about the 2022 program on this recording of the 2022 informational call that was held in December. 

View the Slides from 2022 Informational Meeting Here!

Complete a Bank Interest Form to Get Started!

Complete the bank interest form here. By completing this form, you are expressing interest in learning more about becoming a host for the 2022 program.

Student Participation Criteria

  • Currently enrolled as a high school senior in a Virginia high school
  • Cumulative GPA of 3.0 or higher
  • Resident of Virginia
  • Teacher/guidance counselor contact information provided by student

Scholarship Amounts: $26,000 to be awarded in 2022!

$26,000 total will be awarded in 2022!

$1,000 Each for six honorable mention scholarships
$2,500 Each for six regional winners
$5,000 Statewide winner ($7,500 total since all candidates will also be regional winners)

Regions of Virginia image

Congratulations to the 2021 Winners!

Congratulations to the 2021 Bank Day statewide winners!

Congratulations to Carter Watts who was named this year’s statewide winner. Carter was hosted virtually by Village Bank. As the statewide winner, Carter received a $5,000 scholarship in addition to her $2,500 regional scholarship.

In recognition of the 30th anniversary of Bank Day, an additional statewide runner-up scholarship was awarded this year. Congratulations to Isaac Rits, hosted virtually by Burke & Herbert Bank, for being named this year’s statewide runner-up. Isaac received a $3,000 scholarship as the statewide runner-up in addition to his $2,500 regional scholarship. 

Congratulations to the 2021 Bank Day regional and honorable mention winners!

Each of the six regional winners will receive a $2,500 college scholarship. These students have been entered into the statewide contest for a chance to win an additional $3,000 or $5,000 scholarship as the statewide runner-up or overall winner.  There were also six honorable mention winners who will each receive a $1,000 college scholarship.

  • Capitol Region Winner: Carter Watts, Monacan High School, Village Bank
  • Capitol Honorable Mention Winner: Ashton Ingle, Powhatan High School, C&F Bank
  • Central/Southside Region Winner: Emily Butts, Dan River High School, American National Bank & Trust Co.
  • Central/Southside Honorable Mention Winner: Jacob Bell, Hidden Valley High School, Bank of Botetourt
  • Eastern Virginia Region Winner: Jayla Foreman, Kecoughtan High School, Old Point National Bank
  • Eastern Virginia Honorable Mention Winner: Katarina Zeiler, Lancaster High School, Chesapeake Bank
  • Northern Virginia Region Winner: Isaac Rits, Homeschool, Burke & Herbert Bank
  • Northern Virginia Honorable Mention Winner: Travis Nguyen, Patriot High School, Burke & Herbert Bank
  • Southwest Virginia Region Winner: Chloe Vaughn, Galax High School, Skyline National Bank
  • Southwest Virginia Honorable Mention Winner: Marissa Ferland, Marion Senior High School, The Bank of Marion
  • Valley Region Winner: Abigail Davis, Strasburg High School, First Bank, Virginia
  • Valley Honorable Mention Winner: Julia Hunter, Sherando High School, First Bank, Virginia