Member One seeks to merge with Richmond-based VACU
The largest credit union in the Roanoke Valley is seeking member and regulatory approval to merge with a larger credit union in Richmond.
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The largest credit union in the Roanoke Valley is seeking member and regulatory approval to merge with a larger credit union in Richmond.
The Richmond region’s biggest credit union has yet another initiative in the works to increase its size and stature in the state.
Big news for Virginia banking.
Virginia Credit Union and Member One Federal Credit Union Jointly Announce their Intent to Merge RICHMOND, VA (January 11, 2024) – Virginia 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
Company leadership says no employees would lose their jobs and no branch locations would be closed as a result of the merger.