Credit Union News Releases
News and notes from and about Virginia's credit unions!
- Henrico Federal Credit Union Celebrates the Opening of the Financial Empowerment Center
February 6, 2024Henrico Federal Credit Union will today celebrate the grand opening of the Financial Empowerment Center located in Regency Mall. The Financial Empowerment Center opened in partnership with Henrico County Public Schools in 2023. Mini workshops were offered in the summer of 2023, covering subjects ranging from Banking Budgets to Understanding Probate. The program has now evolved into full-time Personal Finance classes offered weekly with the support of the HCPS Adult Education Center.
- Chartway Promise Foundation’s February “Give with All Your Heart” Campaign Sends Message of Hope to Medically Fragile Children
February 1, 2024Foundation also partnering with local charity to grant wishes for two Promise Heroes.
Throughout February, Chartway and its charitable arm – the Chartway Promise Foundation – invite credit union members and the public to “Give with All Your Heart” to help make wishes come true for medically fragile children and their families. Beginning February 1 and running through February 29, Chartway Credit Union members can make donations through their Chartway account.
- Peoples Advantage Announces Service Philanthropic Extension, Peoples Advantage Helping Hands, and First Executive Director, Shanika McClelland
January 31, 2024Peoples Advantage Federal Credit Union (PAFCU) announces its philanthropic extension to the Credit Union, Peoples Advantage Helping Hands (PAHH), the 501(c)3 to serve as the backbone to fill financial gaps that negatively impact historically marginalized community members. As a certified Community Development Financial Institution (CDFI), PAFCU aims to meet the needs of communities that are often challenged with lower income levels and neglected by mainstream financial services. This extension will allow the credit union to partner with PAHH to expand access to free financial coaches and new loan products designed to build wealth in the community.
- Chartway Credit Union Announces the Promotion of Melissa Cade to Chief Retail Officer
January 30, 2024Chartway Credit Union is proud to announce the immediate promotion of Melissa Cade to the position of chief retail officer.
- Chartway Co-Sponsors Appearance of Nelson Mandela’s Grandson at Norfolk State University to Kick-Off Black History Month
January 29, 2024Ndaba Mandela learned much from his legendary grandfather, civil rights leader Nelson Mandela. The younger Mandela will share how he is continuing his grandfather’s legacy on his own terms during an appearance at Norfolk State University on Wednesday, Jan. 31. The event, which begins at 5 p.m. at the L. Douglas Wilder Performing Arts Center on the campus of Norfolk State University, serves as the kickoff for NSU’s Black History Month commemoration and is free and open to the public.
- Congresswoman McClellan Visits VACU Branch; Learns About CU’s Community Impact, Financial Education Initiatives
January 25, 2024Rep. Jennifer McClellan (D-4th) today visited Virginia Credit Union’s Church Hill branch, one of five branches recently opened by the credit union in the City of Richmond.
- Northwest Federal Signs New SVP Marketing and Communications
January 17, 2024Northwest Federal Credit Union (NWFCU) is proud to announce that Washington Commanders, Partnerships Marketing Manager, Nathan Turner has been hired as the new SVP of Marketing and Communications.
- Taralyn Tharp Kohler to Join Northwest FCU Charitable Foundation
January 16, 2024Northwest Federal Credit Union (NWFCU) is proud to announce that former CEO of the CORE Foundation Taralyn Tharp Kohler, was recently hired as VP of The NWFCU Foundation. Ms. Kohler brings with her more than 20 years of high-performing executive leadership experience in the telecom and nonprofit sectors with a proven track record in delivering revenue results, building high-performance teams, and developing strong partnerships.
- The Chartway Promise Foundation Awards $1M in Charitable Grants
January 12, 2024With a promise to provide memorable experiences that bring joy, hope, and smiles to medically fragile children and their families, Chartway’s charitable arm– Chartway Promise Foundation – worked tirelessly to raise funds in 2023. Thanks to corporate and individual donors, as well as successful fundraising events, its board was able to approve $1M in grants, for use in 2024, to the following non-profit charitable partners with missions that align with the foundation’s purpose...
- Virginia Credit Union and Member One Federal Credit Union Jointly Announce their Intent to Merge
January 11, 2024Virginia Credit Union, Inc. (VACU) and Member One Federal Credit Union (Member One) are excited to announce their plans to merge, pending regulatory approval, and a positive Member One membership vote. If approved, the combined credit union would serve close to 500,000 members with 37 branch locations and approximately 1,100 employees throughout the Commonwealth of Virginia.