The Veterans Benefits Banking Program, or VBBP, is a partnership between VA and the Association of Military Banks of America (AMBA) that provides for Veterans and beneficiaries potential access to banks and credit unions they may otherwise not have access to due to lack of awareness, individual credit history, and/or legal history.
The VBBP partnership seeks to highlight for Veterans and beneficiaries the opportunity to open an account with participating banks and credit unions which understand the unique financial issues Veterans face – and also receive their funds electronically.
VBBP bank and credit union coalition are financial institutions that are very familiar with the financial challenges and needs of service members, Veterans, and their families. As such, they understand and can provide the kinds of financial services that are appropriate for our Veterans based on their individual circumstances.