Achieving financial well-being is a pursuit we all share, and helping Jamaicans achieve it has always been a guiding force for VM Wealth / VMBS Portmore. When we opened our doors in 1878, for many people we also opened the way to secure savings and access to the kind of credit needed to achieve big goals. Our founders knew the solution to turning those dreams into accomplishments lay in Mutuality. It’s amazing what can be accomplished when we work together!
At VM you are not just a customer, you are a Member of our Society. As a Mutual organisation our business model differs from stockholder institutions, such as Banks and Insurance Companies which are focused on profit maximisation and the payment of dividends to relatively small groups of shareholders. VMBS is owned by, and run for the benefit of our Members.
The members of the VM Group are:
VM Building Society (VMBS)
VM Money Transfer Services Limited
VM Property Services Limited
VM Wealth Management Limited
VM Pensions Management Limited
British Caribbean Insurance Company (Affiliate)