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Virginia Credit Union merges with Roanoke-based Member One Federal Credit Union, according to WRIC ABC 8News


Virginia Credit Union has announced its merger with Roanoke-based Member One Federal Credit Union. The move comes as a part of the continued growth and expansion strategy of both institutions to better serve their members and communities.

Virginia Credit Union, with a strong presence in Central Virginia, will now join forces with Member One Federal Credit Union, which has a strong foothold in the Roanoke Valley. This merger will create a larger credit union with a wider reach and more resources to offer its members.

The merger will bring together two financially sound institutions with a shared commitment to excellence in member service. Both credit unions are known for their strong community involvement and dedication to helping their members achieve financial success.

Members of both credit unions can expect a seamless transition with no disruptions to their accounts or services. The combined entity will continue to operate under the Virginia Credit Union brand, with the same focus on providing competitive rates, innovative products, and superior customer service.

The merger is expected to provide members with access to a larger network of branches and ATMs, as well as expanded online and mobile banking capabilities. Additionally, members can look forward to new and enhanced products and services that will further meet their financial needs.

Leadership teams from both credit unions are excited about the opportunities that this merger will bring for their members and staff. They are confident that joining forces will result in a stronger, more competitive institution that is better positioned to serve the needs of their growing membership base.

Overall, the merger between Virginia Credit Union and Member One Federal Credit Union represents a significant step forward in the credit union industry, demonstrating a commitment to growth, innovation, and serving the best interests of their members.

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