At Cobalt, we're dedicated to supporting Veterans, beneficiaries, survivors, and caregivers by providing access to essential financial products, services, and personalized support.
As a participant in the Veterans Benefits Banking Program, we ensure that all VA beneficiaries can open a low-to-no-cost checking account when they set up direct deposit with us.
VBBP – You’ve earned it. Let’s secure it.
What is the Veterans Benefits Banking Program (VBBP)?
The VBBP, established in partnership between the U.S. Department of Veterans Affairs (VA) and the Association of Military Banks of America (AMBA), connects Veterans and their beneficiaries with trusted banks and credit unions like Cobalt Credit Union. This program offers a safe, reliable, and affordable way to receive and manage VA benefits, ensuring Veterans have access to services tailored to their financial needs.
Why is VBBP Important?
The Veterans Benefits Banking Program promotes financial independence, resilience, and literacy by offering banking solutions designed for Veterans and their families. Through direct deposit and effective financial management tools, the program helps reduce fraud and enhances the security of VA benefits.
Who is Eligible for VBBP?
The VBBP is available to any Veteran, beneficiary, or caregiver receiving federal monetary benefits or stipends from the VA.
VA Loans
At Cobalt Credit Union, we proudly serve those who have served our country. Our VA Loan options are specifically designed to help Veterans achieve their homeownership dreams.
Veterans Resource Center
We are committed to providing Veterans with the tools and information they need to manage their finances and benefits effectively. Our Veterans Resource Center offers a comprehensive collection of guides to assist you in navigating your benefits, understanding your financial options, and planning for the future.
