Virginia Bankers Association Benefits Corporation

MBA Solutions has partnered with the Virginia Bankers Association Benefits Corporation (VBABC) to provide Maryland Bankers Association members with a comprehensive retirement plan solution. Since 1946, VBABC has been committed to delivering competitive employee benefits that help financial institutions attract and retain talent while allowing bankers to focus on serving their customers and communities.

These retirement programs are overseen by the VBABC Board of Directors, which is primarily composed of bank executives dedicated to ensuring that participating institutions have access to high-quality plans, strong coverage options, and competitive pricing. VBABC works with two leading retirement service providers, Voya Financial and SageView Advisory Group, to deliver a fully bundled workplace retirement plan solution designed specifically for the banking industry.

This valuable program offers:

• Economies of Scale: More than $600 million in retirement plan assets and participation from over 40 financial institutions.
• Fiduciary Oversight: Professional investment management through a 3(38) Investment Manager, with ongoing oversight from peer bankers.
• Community Bank Focus: Specialized expertise and retirement planning solutions designed to support the unique needs of community banks and their employees.

Contact Information

​To learn more about the VBA 401K plan listing, contact John Snead at (804) 819-4733.