The third Tuesday in March was declared Bank Day in Virginia by the Virginia General Assembly in 1991. On this day, Virginia high school seniors spend a day in banks across the Commonwealth shadowing a banker in their daily duties. The purpose of this experience is for the students to learn about banking, financial services, and the vital role banks play in their communities.
From their experience, the students are required to write an essay, and thirteen scholarships (six honorable mention, six regional and one statewide) are awarded on the basis of the essays.
High school senior
Cumulative GPA of 3.0 or higher
$26,000 total –
$1,000 Each for Six Honorable Mention Scholarships
$2,500 Each for Six Regional Winners
$5,000 Statewide Winner ($7,500 total since all candidates will also be regional winners)
Deadlines & Important Dates
March 13, 2018: Deadline for students to sign-up for the program
March 20, 2018*: Bank Day! Shadowing takes place.
April 11, 2018: Student essays due by 5 p.m. Essay submitted directly to VBA via email.
May 4, 2018: Regional and honorable mention winners notified. Regional winners will be entered into the statewide contest for an additional $5,000 scholarship.
May 11, 2018: State winner notified.
*You may hold your Bank Day on a different day than March 20th, but please keep the deadlines in mind and allow the student(s) adequate time to write their essay(s) after your day.