Credit Union News Releases
News and notes from and about Virginia's credit unions!
- ValleyStar Credit Union Promotes Misty Reed to Chief Credit Officer
March 28, 2024ValleyStar Credit Union proudly announces the promotion of Misty Reed to the position of Chief Credit Officer. Misty's extensive career, spanning over 22 years across banks and credit unions, reflects her remarkable dedication and expertise in the financial sector.
- Three Newport News Corporations Reaffirm $500,000 Commitment to Education and Workforce Development
March 28, 2024Announces Second Accelerating Change Together Grant Application Funding
The BayPort Foundation, Ferguson, and Newport News Shipbuilding, a division of HII, have announced a community partnership to fund a three-year, $500,000 transformational grant called Accelerating Change Together (ACT). The grant will run from 2024 to 2026 and aims to invest in the Hampton Roads nonprofit community to build upon education and develop a skilled workforce that benefits the nation.
- BayPort Credit Union Wins CUNA Diamond Award for $500,000 Accelerating Change Together Grant Community Outreach Initiatives
March 28, 2024BayPort Credit Union announced it was awarded a Diamond Award by the Credit Union National Association (CUNA) Marketing and Business Development Council. BayPort won in the new Public Relations category for the promotion of their $500,000, multi-year transformational grant called Accelerating Change Together (ACT), which was launched in partnership with two other leading corporations based in Newport News, Virginia.
- 1st Advantage Earns Two Prestigious Awards for Outstanding Marketing Achievements
March 26, 20241st Advantage was recently recognized with two prestigious Diamond Awards. These accolades were part of the annual competition organized by America’s Credit Unions Marketing & Business Development Council, which featured 38 categories and received over 1450 entries.
- UVA Community Credit Union Elevates Carolyn Burnett to Vice President of Business Banking
March 22, 2024UVA Community Credit Union proudly announces the promotion of Carolyn Burnett to the esteemed position of Vice President of Business Banking. Burnett's dedication and exceptional contributions since joining the Credit Union in November 2022 have been instrumental in propelling its mission forward.
- Governor Youngkin Appoints Kevin Laine, EVP of ValleyStar Credit Union, to Board of Directors of New College Institute
March 22, 2024ValleyStar Credit Union proudly announces the appointment of Kevin B. Laine, Executive Vice President, to the Board of Directors of New College Institute (NCI). Virginia Governor Glenn Youngkin’s office officially announced Laine’s appointment to the position in a formal press release on March 15, 2024.
- Navy Federal Credit Union Announces Next Chief Operating Officer
March 19, 2024Kara Cardona has been announced as Navy Federal Credit Union’s next Chief Operating Officer. Cardona replaces Dietrich Kuhlmann, who recently succeeded Mary McDuffie as Navy Federal’s Chief Executive Officer. All transitions were effective as of March 1, 2024. Cardona has nearly 25 years of experience at Navy Federal, the past three of which she spent as its executive vice president for Contact Center Operations and Greater Pensacola Operations. Here, she led the credit union's largest business unit and oversaw functions of its three campus locations. As COO, Cardona reports directly to Kuhlmann out of the credit union’s headquarters in Vienna, VA.
- Credit Union Officials Appointed by Gov. Youngkin to State Admin Agencies, Boards
March 17, 2024Virginia Governor Glenn Youngkin has announced additional key administration and board appointments, including current and former credit union professionals.
- BayPort CU Offering $100,000 in Tuition Assistance Scholarships
March 5, 2024Calling local students and working professionals of all ages! Are you seeking a trade or vocational career in plumbing or welding? Enrolled in an Early Childhood Development program? Perhaps you’re a recent Newport News Shipbuilding Apprentice School or Virginia Peninsula Community College graduate? Or maybe you are pursuing an undergraduate or graduate degree at a college or university. If you answered yes to any of the above, BayPort has a scholarship specifically for you!
- Chartway Keeps Delivering on Its Motto, ‘People First, Always’
March 4, 2024Celebrating a Juntos Avanzamos designation and increased team member engagement, the CU’s leaders continue to foster a workplace of inclusion. Chartway’s “People First, Always” statement originated in 2021 and has been embraced by our team. It embodies our commitment to placing the dignity and diversity of people at the forefront of everything we do to unlock the potential of individuals and families so they can thrive.