Company Profile
Company Overview
Virginia Credit Union is a financial cooperative owned by our members. We focus on helping members grow more confident about their money and the financial choices that support their lives.
We offer affordable products and services to meet our members’ diverse needs and help them achieve their goals. We treat all members fairly, with dignity and respect, and look for ways to reach out to the underserved in our communities
We emphasize financial education, which builds confidence and helps members succeed. We are committed to serving our diverse communities, and our commitment and actions are consistent with the credit union philosophy of people helping people.
We communicate about our services in meaningful ways so members, potential members, lawmakers, regulators and the community will understand and appreciate the unique role of credit unions.
We've Got Strength in Our Numbers:
•Founded in 1928
•Over 249,000 members
•$3 billion in assets
We’re one of the 55 largest credit unions in the country.
At Virginia Credit Union, we put members’ needs first. We can clarify your options and help guide you to a greater understanding—so you can take control of your finances and live with confidence.
We make sure everything—from our products and services to the personal support we offer—is based on your needs.
When you join Virginia Credit Union, you become a member and owner of the financial cooperative. Earnings are returned to members through a broad range of convenient services, attractive rates, lower fees and free financial education resources.
As a Virginia Credit Union member, you get the following:
•A wide range of affordable banking services
•Lower fees and tips on how to avoid fees altogether
•Lower rates on loans and mortgages
•Attractive savings options
•Convenient 24/7 access anywhere with online and mobile services and ATMs
•Free financial seminars and online resources
•Supportive staff focused on your needs
•Member discounts
•College scholarships
•Lifetime membership
Company History
Virginia Credit Union was originally chartered as State Employees’ Credit Union, Inc. in 1928. It was organized by a group of state employees to "accumulate and invest the savings of members and to make loans to members for provident purposes."
Volunteers operated the credit union from the Comptroller's Office in the Finance Building in Richmond's Capitol Square. Sidney Day served as the credit union's treasurer from 1928 and continued until 1972.
By the end of its first full year, the credit union had about 170 members and had granted 50 loans.
For more company history, click www.vacu.org/About_VACU/Member_Benefits/The_Credit_Union_Difference/History_Highlights.aspx
Benefits
Benefits package
In addition to a competitive salary, we offer a benefits package that's among the best in the industry. Join our team and find out what makes Virginia Credit Union a great place to work and bank.
Benefits include:
•Medical insurance
•Dental insurance
•Prescription drug benefits
•Flexible spending accounts
•401(k) plan with employer match
•Defined benefit retirement plan
•11 paid holidays
•Paid vacation
•Paid sick leave
•Tuition reimbursement for full time employee
•Membership eligibility
•Annual incentive program
•Group term life insurance
•Accidental death insurance
•Voluntary life insurance
•Long-term disability
•Short-term disability
•Employee assistance program
•In-house training & development
Virginia Credit Union is constantly striving to improve benefits so they are subject to change. Benefits vary based on full-time or part-time status.