What is VBBP?
The Veterans Benefits Banking Program (VBBP) is a partnership between the VA and the Association of Military Banks of America (AMBA). VBBP helps Veterans receive their VA benefits payments by direct deposit—a smarter, safer way to bank. Veterans can choose from participating VBBP banks and credit unions to find low or no-cost accounts. Participating banks and credit unions may offer credit counseling and other services geared toward financial security.
What Else Does VBBP Offer?
- Free financial or credit counseling – through the National Foundation for Credit Counseling (NFCC) and the Association for Financial Counseling & Planning Education® (AFCPE®).
- VetCents –a financial education program created specifically for Veterans and beneficiaries.
- Veteran Saves – a program aimed at helping Veterans save money, reduce debt, and build wealth.
- Financial education resources– to help Veterans and their families with budgeting and saving.
Give us a call today or stop by any of our locations to sign up for your VBBP account.