Credit Union News Releases
News and notes from and about Virginia's credit unions!
- NextMark Credit Union Reopens Fairfax Branch with Cutting-Edge Self-Serve Technology
September 11, 2023NextMark Credit Union is thrilled to announce the grand reopening of its Fairfax branch, featuring futuristic self-serve technology designed to enhance the banking experience for its valued members. This innovative upgrade reflects NextMark's value-centric brand and its commitment to providing cutting-edge financial services while ensuring utmost convenience and accessibility. The newly revamped Fairfax branch introduces state-of-the-art self-serve technology, aimed at streamlining transactions, and empowering members to take control of their financial journey.
- Chartway Welcomes Melissa Stratton Moffa, Chief Legal Officer
September 5, 2023Chartway Credit Union is pleased to announce the expansion of its executive team, welcoming its new chief legal officer, Melissa Stratton Moffa.
- ABNB Opens New Wards Corner Branch
September 5, 2023ABNB Federal Credit Union announces the grand opening of its new full-service branch in the Wards Corner neighborhood in Norfolk. Located at 129 West Little Creek Road in Norfolk, the branch has drive-thru teller service and an onsite ATM.
- CommonWealth One Federal Credit Union Received Two First Place Awards from the Virginia Credit Union League
September 5, 2023CommonWealth One Federal Credit Union (CommonWealth One) received two first-place awards from the Virginia Credit Union League (VACUL) for the impact the credit union is making in the community.
- Langley Federal Credit Union Donates $25,000 to American Red Cross to Support Hawaii and Hilary Disaster Relief Efforts
August 28, 2023Langley Federal Credit Union is donating $25,000 to the American Red Cross supporting relief efforts for recent disasters across multiple western states including the Hawaii wildfires and the aftermath of Tropical Storm Hilary.
- Vizo Financial Pledges $1 Million to Grants Program to Support CUs' Financial Education Initiatives
August 23, 2023In a nod to the credit union movement’s sixth cooperative principle of "concern for community," Vizo Financial will be reserving $1 million to provide financial empowerment grants for credit unions. The Vizo Financial Empowerment Grants Program will begin in September 2023 and includes a five-year plan to disperse funds to credit union foundations so that they can help natural person credit unions build financial literacy programs that not only benefit, but empower, their members and, ultimately, their communities.
- Scholarship Winner Reflects on Personal, Professional Growth Following Attendance at Annual AACUC Conference
August 17, 2023The Virginia League proudly sponsors an annual scholarship to the African American Credit Union Coalition's (AACUC) Annual Conference. The scholarship was established in honor of retired TruEnergy Federal Credit Union President/CEO Lynette Smith, a tireless credit union advocate and a champion for the credit union movement at both the state and national levels. She is a past chairwoman of the AACUC. We were pleased to award this year's Lynette Smith Scholarship to Chartway Credit Union's Melisande Corlett, who was so moved by the experience and opportunity, she's written the following post about the Annual Conference and what the networking opportunities and education sessions meant to her, personally and professionally.
- Topside FCU Wins Department of the Navy Distinguished Service Award for Second Time
August 16, 2023Topside Federal Credit Union announced today that it has been awarded the 2022 Department of the Navy Distinguished Small Credit Union Service Award. This recognition is a testament to the hard work and dedication of the Credit Union's team, who consistently prioritize providing exceptional service to their members.
- ValleyStar Credit Union Launches System Upgrade and Rebranding Effort
August 15, 2023ValleyStar announces the launch of a new member-focused computer processing system and rebranding effort aimed at better serving members’ financial needs.
- CU Times LUMINARIES Awards Feature Peoples Advantage FCU’s Amanda Habansky, Freedom First CU, PenFed
August 14, 2023Credit Union Times has announced the finalists of its 2023 LUMINARIES Awards. Members of the program’s Class of 2023 are being recognized for the incredible and thoughtful ways they are driving the credit union industry forward.