Virginia 1st is established to provide an avenue for its members to effectively deal with emergencies and recovery throughout the Commonwealth of Virginia, and extends a means of communication between all agencies in the event of disaster.

Objectives:

A. Encourage participation among financial institutions in the Commonwealth of Virginia and the participation of a broad spectrum of Strategic Partners, which have an impact on business continuity.

B. Foster and promote business continuity communications, coordination and cooperation within the financial industry and with City, County, Commonwealth and Federal Agencies, and other private industries, to develop and execute Homeland Security objectives, and to respond to and recover from regional disasters.

C. Identify barriers and recommend initiatives to improve business continuity planning, and the timely dissemination of critical Homeland Security information among financial institutions and Strategic Partners.