About VM Group

Get to know your VM Family.

About VM Group

Get to know your VM Family.

Our Journey

Our Journey

VM first opened its doors in 1878  as Victoria Mutual Building Society (VMBS). Led by the Reverend G.W. Downer, the Rector of the Kingston Parish Church, a group of clergymen formed VMBS with a vision of “meeting the needs of the deserving thrifty”. Their mission was to, through the power of mutuality,  empower economically marginalised Jamaicans to collectively  pool their resources to save and acquire homes. They founded a Mutual financial institution that has and continues to enable all Jamaicans to achieve their shared goals.

As the needs of the Members changed, the organisation has expanded its product offering beyond the traditional savings and mortgage loan products. At present, VM Group offers: Wealth Management and Financial Advisory Services, Real Estate and Commercial Property Management Services, Money Transfer Services, Pension Administration and Investment Management Services as well as Property, Casualty and Liability Insurance. These are offered through our Strategic Business Units: VM Wealth Management Limited (VMWM), VM Pensions Management Limited, VM Money Transfer Services (VMTS), VM Property Services (VMPS), VM Innovations Limited (VMI), VM Finance Limited (VMFL), and affiliate company, British Caribbean Insurance Company (BCIC).

VM has since expanded to 16 branches in Jamaica and representative offices in the UK and US. VM is proud of being the first Jamaican financial institution to establish international offices — service bureaus as they were initially called — to serve the needs of our Diaspora.

The first VMBS overseas representative office was established in the United Kingdom, followed by offices in Canada (which have since been closed) and then the United States of America.

Our Vision

A leading Caribbean-based, Member-focused organisation transforming lives by advancing the financial well-being of individuals globally.

Our Mission

We are a mutual organisation whose purpose is to empower our Members globally to achieve financial well-being through home ownership and innovative investment solutions delivered across multiple channels by an expert and caring team.

Our Values

Member Focus

We value each Member. We view each person as the fuel that keeps our financial engine running.


Honesty is the pillar upon which our business is built.  We conduct our business with the highest level of integrity,  knowing that our Members expect no less.


We believe that teamwork will make the dream work. Over the years,  the team has worked tirelessly to deliver the best for our Members.


We are innovative in our approach to banking, and it has kept us at the very pinnacle of the financial game.


Service excellence is the foundation upon which our success is built.  Our creed is to deliver only the best to our Members and our staff.

People and Leadership

VM’s greatest asset are its people. We pride ourselves on selecting the right persons to serve our Members and clients and to lead our team of experts. We welcome you to explore our team of experts by clicking the link below.

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