EDM Automation

Veterans Benefits Banking Program

Become A Participating Bank or Credit Union

Taking the next steps toward becoming a proud participant in the Veterans Benefits Banking Program (VBBP) is easy and beneficial for both your institution and Veterans.

Neither VA nor AMBA endorses any particular banks, credit unions, products or services, or requires Veterans or other beneficiaries to use them.

The VBBP Commitment

Offer a low-to-no-cost checking account (no monthly maintenance fees) and no minimum balance, to a VA benefit recipient (Veteran, beneficiary, caregiver) who brings a monthly Direct Deposit to the institution. If there is a minimum Direct Deposit or nominal fee*, details will be required as part of the financial institution description.

Offer assistance to a VA benefit recipient (Veteran, beneficiary, caregiver) who does not currently qualify to open an account. At the financial institution’s discretion, this assistance can be provided through financial products, education, and/or counseling.

*Any credit union must disclose the share account amount due at account opening and other share account requirements as part of the financial institution description.

Taking the next steps toward becoming a proud participant in the Veterans Benefits Banking Program (VBBP) is easy and beneficial for both your institution and Veterans.

Participating is free! VBBP is dedicated to collaboration and support, and there’s no cost for banks and credit unions to join the program.

STEP #1
Set up a quick call to learn about becoming a VBBP participating bank or credit union.

Submit the form to set up a quick 30-minute call so we can give you all the information on the Veterans Benefits Banking Program (VBBP) and answer any questions you might have.

Name(Required)

Ready to make a difference?

Join VBBP today and become a valued partner in empowering Veterans’ financial futures.

STEP #2
Submit the Commitment Form

Download, complete and send us the VBBP Commitment Form. This outlines your commitment to the VBBP and to offer a qualified checking account to Veterans and VA beneficiaries.

Download the Commitment Form

You’re asked to provide:

  • Physical branch locations: Provide a list of states, territories, and (if applicable) countries where your financial institution has physical branches.
  • A 180-word description: Craft a succinct and engaging 180-word description of your bank’s involvement in VBBP. This description will spotlight your dedication to serving Veterans’ financial needs.
  • Your URL and logo: Along with the completed commitment form, include your financial institution’s logo, and URL that links to either your dedicated landing page for VBBP or the product page that outlines the benefits Veterans can access through your bank. If you plan to customize a landing page, no worries – you can provide it later. Once received, we’ll promptly add your bank to the VBBP site.

Your VBBP Package

Upon your inclusion in the VBBP, we’ll send you the comprehensive VBBP package containing relevant verbiage for your website, marketing materials, the official VBBP logo, and a participant badge.

 

Embark on this meaningful journey to serve those who have served us. Your commitment will help Veterans and their families access financial stability and independence.