Credit Union News Releases
News and notes from and about Virginia's credit unions!
- Virginia Credit Union Launches New First-Time Home Grant
March 1, 2024Virginia Credit Union is now doing even more to help first-time home buyers offset the cost of purchasing a home with the new VACU First-Time Home Grant. With this enhanced commitment to helping members purchase their first home, the credit union has pledged $50,000 to provide up to $575 per loan in down payment assistance to qualified borrowers. The VACU First-Time Home Grant can be combined with other grants and discounts for further savings.
- Chartway Holds 65th Annual Meeting and Announces 2024–2025 Board of Directors
February 29, 2024On February 27, 2024, Chartway held its 65th Annual Meeting and elected by acclamation the following individuals to the board of directors: Ron da Silva, Curtis Price and Lara Shields. Following the Annual Meeting, the board held its annual organizational meeting. During this time, the following slate of officers was established: Nancy McMahon – Chair; Melinda Barbish – 1st Vice Chair; Jared Perry – 2nd Vice Chair; Wayne Foshay, Sr. – Secretary; and Robert Holmes – Treasurer.
- Freedom First CU, Non-Profit Partner to Help Low-Income Homebuyers
February 29, 2024As housing affordability remains a major challenge nationwide, a partnership in Virginia involving Freedom First Credit Union is ensuring low-income consumers can afford to not only buy a home but stay in it for the long-term.
- Four Virginians Among 29 Credit Union Innovators Selected for Filene's i3 Program
February 27, 2024Twenty-nine of the credit union industry’s most innovative leaders come together to form the newest cohort of the Filene i3 Program. This latest cohort includes four credit union professionals from Virginia-based credit unions. In its 20th year, the prestigious program experiences heightened demand and intensified competition, as an increasing multitude of exceptional credit union professionals submit their applications every year. Filene i3 is a two-year innovation leadership program equipping top credit union professionals with the mindset, tools, and network to lead and shape the credit union of the 21st Century.
- Connects FCU Announces James McBride as New CEO
February 26, 2024The Board of Directors of Connects Federal Credit Union is pleased to announce the selection of James McBride as the credit union’s new President/Chief Executive Officer. Mr. McBride will succeed Ms. Evelyn Dowdy, who is retiring after serving in the role for nearly 26 years.
- Waverly, Virginia Announces Business Start-Up, and Expansion Competition
February 22, 2024Waverly, Virginia is holding a business plan competition with grant prizes of up to $15,000 for new or expanding businesses located in the Town. Accepted entrepreneurs must participate in a 9-week business planning course offered through Peoples Advantage Federal Credit Union, which will culminate in a “Shark Tank” style juried pitch night to be held May 23, 2024.
- ABNB Community Foundation Awards $10,000 Grant to YWCA South Hampton Roads
February 22, 2024Today, the ABNB Community Foundation announced it has awarded a Grant in the amount of $10,000 to the YWCA of South Hampton Roads.
- Park View Federal Credit Union Achieves Esteemed Recognition in CU Solutions Group's 2024 Best of the Best Awards
February 22, 2024Park View Federal Credit Union emerges as a recipient of the 2024 Best of the Best award, a prestigious accolade presented by MemberXP, a leading CX program offered through CU Solutions Group. This distinguished award is an annual acknowledgment bestowed upon credit unions that consistently excel in delivering exceptional service.
- Homebase Credit Union Opens Third Branch Location; Honors Four Decades of Service By Retired CEO Patsy Stuard
February 16, 2024Homebase Credit Union this week celebrated the grand opening of its third branch office. Located at 13200 Bermuda Orchard Ln, Chester, VA 23836, the office is dedicated to retired CEO Patsy Stuard, who served the credit union for 45 years.
- Real-Time Payments Fraud and Cyber Risks are Coming to Vizo Financial’s 2024 Risk Management Conference in Hershey, PA
February 13, 2024Vizo Financial is hosting a panel discussion with credit union experts, as well as sessions on real-time payments fraud, cyber risks and more at its 2024 Risk Management Conference at The Hotel Hershey in Hershey, Pa., on April 23-25, 2024. Credit unions are invited to join the Corporate for their biggest risk event of the year, featuring networking opportunities and educational sessions as presented by industry experts. Click here to visit the registration site.