Virginia Bankers Association

Secure your sponsorships today for the 2025 VBA/Virginia Chamber of Commerce Financial Forecast on January 9 in Richmond. 2025 Financial Forecast Speakers: 2025 Economic Update  Tom Barkin, President & CEO, Federal Reserve Bank of Richmond Virginia Commercial Real Estate 2025 Outlook  Melina Duggal, Senior Director of Market Analytics, CoStar Learn more about the different sponsorship levels and individual registration here: https://lnkd.in/euthhSnw

Don't miss next month's Women in Banking Conference on December 4-5 in Richmond! This event is designed for all who would like to participate in engaging and thought-provoking sessions on assisting women in finding success in the banking industry. We are excited to share that this year's event will be extended from a one-day event to a one-and-a-half-day event with sessions on: -Improvisation as a Leadership Tool?? Yes and… -Leadership Lessons from a Career in Banking -The Art of Communicating Cross-Culturally: Sharing Stories that Matter -Step Up – Mastering Everyday Leadership …and more! Learn more and register here by November 12 to receive the early bird rate: https://lnkd.in/dcmszGbT

$24 billion in check fraud is projected for 2024—will your bank be ready? Read the new American Bankers Association Check Fraud Detection and Mitigation Product Assessment. This comprehensive guide provides analysis on the best tools and strategies for protecting your bank and customers. https://aba.social/3NBbW9I

Great article from Virginia Business recognizing John Asbury's installation as American Bankers Association 2024-2025 Chair! #vabankers https://lnkd.in/e9n3ZKcu

Get to know new American Bankers Association chair John Asbury! Feature article by Evan Sparks, CAE: https://lnkd.in/eEi-RUS8 Podcast episode presented by Alkami Technology: https://lnkd.in/eb2xMYpT

Congratulations to all of the VBA members who are featured on this year's Banking on Brilliance list from VBA Endorsed Provider KlariVis. #vabankers https://lnkd.in/eaiEvuwp

Congratulations to Past VBA Chairman John Asbury who was installed as American Bankers Association Chair this morning in New York! #vabankers Read more: https://lnkd.in/eygsEcum

ICYMI: Last week, the VBA's Matt Bruning partnered with Steve Yeakel, CAE, VACB, and JR Blau, Virginia Credit Union League for an OpEd in the Richmond Times-Dispatch, sharing how the "Credit Card Competition Act" (CCCA) threatens to compromise the secure credit card system we trust. In the article, they share how the CCCA threatens to disrupt the secure credit card system, allowing retailers to choose less secure payment networks. This change could compromise consumer data security and diminish the value of rewards programs, which many customers rely on. While megaretailers may benefit from this change, it’s our responsibility to safeguard financial security for all Virginians. We encourage you to contact Senators Tim Kaine and Mark Warner and tell them to oppose the Credit Card Competition Act and stand up for Virginia consumers. Read more here (RTD subscription required): https://lnkd.in/e2Fs8XNZ

Make plans to join Shannon McClure, MBA and other emerging leaders at next month's Leadership Conference! Register today and be sure to book your hotel room - the block closes next Wednesday, October 23. https://lnkd.in/eHKmGHpT

This week, 27 Virginia banks are joining the American Bankers Association Foundation and banks across the country to promote the Get Smart About Credit program (GSAC). This national campaign encourages banks to teach teens and young adults how to manage their money. In recognition of GSAC this week, #vabankers offer these seven tips to help students shape their financial future:  1. You are in charge. It’s your job to manage your money. Set yourself up for success by creating a realistic budget and sticking to it. 2. Watch your spending. It all comes back to the simple lesson of needs vs. wants. Pace spending and increase saving by cutting unnecessary expenses like eating out or shopping. 3. Use credit wisely. Understand the responsibilities and benefits of credit. How you handle your credit could affect you well after graduation. Shop around for a card that best suits your needs. Pay as much as you can, as soon as you can, and always pay by the due date. 4. Utilize your bank services. Banks are more than money in a vault. They offer valuable services that students can benefit from like check cashing, debit cards, mobile and online banking, balance alerts, personal loans, direct deposit, financial education and identity theft protection. 5. Be cautious when it comes to money. Don't just trust anyone with your money. Be skeptical of classmates, friends or salespeople who have ideas for your money. 6. Save, save, save! Things happen, and it's important that you are financially prepared when your car or computer breaks down or another unexpected emergency occurs. No matter how small the amount, you should start putting some money away immediately. 7. Ask. This is a learning experience, so if you need help, ask. Your parents or your banker are a good place to start and remember - the sooner the better. Banks across Virginia regularly communicate with their customers about smart money management. You can learn more about this program and see a list of participating banks here: https://lnkd.in/gGfjAcMz