From our Chairman
Change Ensures
The goal of any association, no matter the industry, is to serve and protect the interests of its members. Over the course of time, this may result in decisions that change a program’s operations to adjust to changing conditions or situations but ultimately benefit the association’s members.
Brice Luetkemeyer, MBA Chairman Bank of St. Elizabeth
Tis is the case with the MBA Voluntary Employees Beneficiary Association, known to many as MBA VEBA. In 1976, MBA leaders established VEBA, a nonprofit independent trust, so Missouri banks could provide health benefits for their employees through an entity controlled by Missouri bankers. It offered MBA members a choice when it came to their employee
benefits package. Plus, the self-funded plans available through VEBA allowed the trust to control costs while not penalizing individual banks with high claims or canceling coverage.
VEBA has provided exceptional medical plans and service to its customers throughout its 45-year history. It’s been the mission of the trust since day one, and that mission continues today. Tis mission has
VEBA has provided exceptional medical plans and service to its customers throughout its 45-year history.
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