VBBP

VA established the Veterans Benefits Banking Program (VBBP), which has helped more than 530,000 Veterans and beneficiaries enroll in direct deposit for their VA benefit payments since 2019.   

VA’s Veterans Benefits Banking Program (VBBP) has helped thousands of Veterans and their families make the conversion to direct deposit, which is quick, easy, and secure.

The “Increase Your Credit Score” workshop will be a live event with credit experts whose aim is to help you bolster your credit score and financial stability.

The Veterans Benefits Banking Program (VBBP) eliminates the need for benefits recipients to wait for a paper check.

A healthy financial future isn’t only about how much money you make, but how you manage it. Veteran Saves, which is part of the Consumer Federation of America’s America Saves program, wants to help increase financial stability, savings and economic resilience among Veterans.

The Veterans Benefits Banking Program (VBBP) is a VA initiative that assists Veterans and their beneficiaries by providing secure access to banking options and financial services to protect them from fraudulent schemes and pension poaching.

Since VBBP's inception, more than 200,000 Veterans and beneficiaries have created bank accounts, converted to direct deposit, and now receive their benefits payments through electronic funds transfers (EFT).

VA partnered with the Association of Military Banks of America (AMBA) to create VBBP—which helps Veterans and beneficiaries open low or no cost bank and credit union accounts. VBBP also provides free financial education, financial counseling, and credit counseling.

VA expanded the Veterans Benefits Banking Program to provide more services to Veterans. See what the expansion, called VBBP 2.0, offers.

VA established the Veterans Benefits Banking Program (VBBP) in 2019. Since then, more than 100,000 Veterans have switched to direct deposit.

VA established the Veterans Benefits Banking Program (VBBP) in December 2019. Since then, more than 75,000 Veterans have signed up.

If you receive VA benefit payments through a pre-paid debit card or paper check, there is a simpler, quicker way to receive the benefits you have earned.