Priya PatelThe Veterans Benefits Banking Program (VBBP) has integrated with VetCents to improve the financial health of veterans. VBBP, which is a partnership between the US Department of Veterans Affairs (VA) and the Association of Military Banks of America (AMBA), provides veterans with a safe and inexpensive way to receive and manage their VA monetary benefits. Since December 2019, VBBP has helped over 300,000 veterans transition from paper checks to direct deposit. The integration with VetCents, a platform that helps veterans gain knowledge and skills to control their financial life, will enhance the program’s ability to support veterans’ financial well-being. VetCents, created by the Military Family Advisory Network, provides families with tools and resources to achieve financial health and security.
- The Veterans Benefits Banking Program (VBBP) has integrated with VetCents to improve the financial health of veterans.
- VBBP provides veterans with a safe, reliable, and inexpensive way to receive and manage their VA monetary benefits.
- VetCents helps veterans gain knowledge, skills, and confidence to take control of their financial life.
- VBBP has helped over 300,000 veterans transition from paper checks to direct deposit since December 2019.
- VBBP is a partnership between the VA and the Association of Military Banks of America.
- VetCents, created by the Military Family Advisory Network, provides access to tools and resources that support financial wellness.
The integration between VBBP and VetCents will provide veterans with enhanced opportunities to achieve financial wellness. By connecting veterans to resources that can help alleviate financial stress, the program aims to improve their overall financial health and security. The redesigned VetCents application offers an engaging and interactive experience that will assist veterans in reaching their financial goals.
