Credit Union News Releases
News and notes from and about Virginia's credit unions!
- ABNB Federal Credit Union Holds 63rd Annual Meeting
May 2, 2023ABNB Federal Credit Union held its 63rd Annual Business Meeting on April 25, 2023, and reinforced its commitment to serving members’ financial needs and giving back to the communities where it conducts business.
- Join Liberty University Athletes at Freedom First’s Lynchburg Branch Grand Opening Celebration
April 14, 2023Freedom First Credit Union will be hosting a grand opening celebration on Thursday, April 20th at their new branch location, located at 2102 Langhorne Road.
- Peoples Advantage Federal Credit Union Awarded CDFI ERP Grant
April 12, 2023Peoples Advantage Federal Credit Union (PAFCU) received $6.1 million in CDFI Equitable Recovery Program (CDFI ERP) funding by the U.S. Department of Treasury on Monday. Peoples Advantage was one of 11 organizations that received funding in the state of Virginia.
- PenFed's Schenck Among Speakers at NCUA Capital Markets Symposium
April 11, 2023PenFed President/CEO James Schenck was among the speakers at today's Capital Markets Symposium, hosted In New York City by National Credit Union Board member Rodney Hood. Schenck participated in a panel discussion on balance sheet management tools, including asset securitization, loan participations and pools, and subordinated debt.
- Freedom First Credit Union is Excited to Welcome Courtney Woody as VP Mortgage Loan Originator to their Lynchburg Team.
April 11, 2023Courtney joined Freedom First to spearhead mortgage lending in the Greater Lynchburg region from the Langhorne Branch location at 2102 Langhorne Road in Lynchburg, which is scheduled to host a grand opening event on April 20th.
- Vizo Financial Named 2023 Gallup Exceptional Workplace Award Winner
April 11, 2023Vizo Financial Corporate Credit Union, a state-chartered corporate credit union that serves 1,100 credit unions throughout the U.S. and Canada, received the 2023 Gallup Exceptional Workplace Award (GEWA) on March 29, 2023.
- BayPort Credit Union Kicks off Financial Literacy Month with $100,000 Financial Wellness Giveaway
April 10, 2023April is U.S. National Financial Literacy Month, and BayPort Credit Union is marking its commitment by kicking off a $100,000 Financial Wellness Giveaway. BayPort is inviting its member and the community to improve their financial wellness in three big ways this year.
- ValleyStar RISE Foundation Announces Golf Tournament to Support Children’s Miracle Network
April 10, 2023The ValleyStar RISE Foundation, the philanthropic arm of ValleyStar Credit Union, will host a golf tournament on May 11, to aid Carilion Children’s Hospital in Roanoke in purchasing life-saving medical equipment.
- BayPort Wins Two CUNA Diamond Awards for Creative Excellence in Marketing
April 3, 2023BayPort Credit Union today announced it was honored with two Diamond Awards by the Credit Union National Association (CUNA) Marketing and Business Development Council. BayPort won in the Complete Campaign category for its Auto No Payments for 120 Days campaign and the Website category for its $500,000 Accelerating Change Together (ACT) Grant website design and launch.
- Virginia Credit Union Chairman Ken Ampy Recognized By Virginia Business Magazine
March 29, 2023Making his mark in history, Ken Ampy, CEO of Astyra Corporation, was featured in Virginia Business Magazine as one of the prominent Black Business Leaders in the state. He also serves as the chair of the board for Virginia Credit Union, a $5 billion financial institution.