The Maryland Bankers Association and Virginia Bankers Association today announced the formation of the Mid-Atlantic Bankers Association, a holding company that combines MBA’s and VBA’s organizations and operations.
Both MBA and VBA will be subsidiaries of the holding company, where the associations will maintain their roles as the unified voices for banking in Maryland and Virginia, respectively, the associations said. The combined organization will create an elevated focus for industry advocacy and member services platforms across Maryland and Virginia, as well as in Washington, D.C., via the D.C. Bankers Association, they added.
“Our rich histories, dating back to the late 19th century, continue to be the foundation for our future endeavors as we continue to uphold the essence and mission of both associations,” said VBA President and CEO Bruce Whitehurst, who will be president and CEO of the holding company. MBA President and CEO Ramon Looby will serve as EVP of the holding company. “Through sharing best practices, exchanging ideas, and learning from one another, we can elevate the standard of excellence within our association and drive positive change within our industry,” Looby said.
