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VBA Education Foundation

The VBA formed the VBA Education Foundation in 2007 with funding from the majority of VBA member banks for the Walter Ayers Fund for Financial Education. This Fund was formed in honor of Past VBA President & CEO Walter Ayers’ contributions to Virginia’s banking industry and in recognition of his long-term commitment to economic education and financial literacy.

The Foundation’s mission is to improve personal financial literacy and economic education in all public and private schools in the Commonwealth. The Foundation recognizes the importance of economic education and financial literacy in Virginia and supports the banking industry as a key participant in these areas.

For more information about the Foundation or any of the programs below, please contact Monica McDearmon.


Teach Children to Save Day

This event occurs every April when bankers make presentations to students in grades K-12 about budgeting, saving, recognizing needs and wants and how interest makes money grow.

Get Smart About Credit Day

This event allows bankers to enter the classroom to teach the fundamentals of money management, the meaning of good credit and credit scores, and the importance of saving to high school and college students.


Back to School at the VBA

Back to School at the VBA is a one-day program designed to provide training to bankers interested in making a difference in economic and financial education in their local schools by delivering classroom presentations.

VBA Bank Day Scholarship Program

On Bank Day, Virginia high school seniors spend a day in banks across the Commonwealth shadowing a banker in their daily duties. From their experience, the students are required to write an essay, and seven scholarships (six regional and one statewide) are awarded on the basis of the essays.



EverFi provides an opportunity for Virginia banks to enhance their existing financial education initiatives and deliver the latest technology to local schools through a private-labeled program that teaches, assesses and certifies students in hundreds of topics in personal finance.

Get Started with Financial Literacy!

Looking to start or enhance the financial literacy program at your bank?  The VBA Financial Literacy Toolkit is a complete guide to financial literacy in Virginia, including tips for teaching, useful resources, tips for working with the media, and more!  


Safe Banking for Seniors

Virginia Bankers Association has joined the American Bankers Association Foundation in a campaign – Safe Banking for Seniors – to provide America’s seniors and their caregivers with tools to prevent financial fraud.

Lights, Camera, Save!

This annual video contest engages teens in educating themselves and their peers about the value of saving and using money wisely.  


Virginia Reads One Book

The VBA Education Foundation is a statewide sponsor of the Virginia Reads One Book program from Richmond-based Read to Them. Learn more about how your bank can sponsor a school in your community.