Virginia Federal, Member One Federal credit unions merge

Member One Federal Credit Union and Virginia Federal Credit Union officially merged Aug. 1, creating a billion holding company with more than 1,100 employees and 37 branch locations. The combined organization will serve almost 500,000 members in a variety of channels, including digital banking, ATM networks, and branch locations. “By joining together two thriving, financially healthy organizations and combining our resources, we’re ensuring we can step confidently into the future and that we’re best positioned to serve our members and help them achieve financial success,” said Member One President/CEO Frank Carter. “We’re grateful for the tremendous support this merger...

Article Link