Credit Union News Releases
News and notes from and about Virginia's credit unions!
- 1st Advantage Foundation Pickleball Tournament Set for Oct. 21: Serving for Those Who Serve!
September 13, 2023Introducing the inaugural 1st Advantage Foundation Pickleball Tournament! This Oct. 21 event is not only about competition and fun, but also about giving back to the community by supporting the Foundation’s mission of filling the unmet needs in all branches of our local military community. Through your participation in the tournament, you’ll be directly contributing to the Foundation’s efforts in creating a positive and lasting impact.
- ABNB Announces Digital Services Staff Additions
September 12, 2023ABNB Federal Credit Union is proud to announce several internal new hires in our Digital Services department effective immediately.
- 1st Advantage Celebrates Grand Opening of Kemps River Branch
September 12, 20231st Advantage, a leading provider of financial services, hosted a ribbon-cutting ceremony in celebration of the grand opening of its newest branch located at 5386 Kemps River Dr., Suite 104, Virginia Beach, VA 23464. The branch offers full-service financial services and has an onsite ATM.
- Northern Virginia Chamber of Commerce Honors PenFed Credit Union CEO James Schenck with Lifetime Service Award
September 12, 2023The Northern Virginia Chamber of Commerce, today presented PenFed Credit Union President/CEO and PenFed Foundation CEO James Schenck with the Lifetime Service Award for his outstanding contributions to help veterans succeed. The award ceremony was attended by hundreds of business leaders and held at the Army Navy Country Club.
- NextMark Credit Union Reopens Fairfax Branch with Cutting-Edge Self-Serve Technology
September 11, 2023NextMark Credit Union is thrilled to announce the grand reopening of its Fairfax branch, featuring futuristic self-serve technology designed to enhance the banking experience for its valued members. This innovative upgrade reflects NextMark's value-centric brand and its commitment to providing cutting-edge financial services while ensuring utmost convenience and accessibility. The newly revamped Fairfax branch introduces state-of-the-art self-serve technology, aimed at streamlining transactions, and empowering members to take control of their financial journey.
- Washington Commanders Announce Partnership with Northwest Federal Credit Union
September 7, 2023Today, the Washington Commanders announced a new multi-year partnership with Northwest Federal Credit Union (NWFCU), a full-service, member-owned financial institution ranking among the largest credit unions in Virginia. As part of the partnership, NWFCU will be the Official Credit Union of the Washington Commanders and will be the presenting partner of the Commanders “High School Game of the Week,” program, the “Commanders Read” community program, and the “Field Goal” feature on the Commanders Radio Network for all radio broadcasted games. Additionally, NWFCU will entitle the Joe Gibbs Club Level renamed to the Joe Gibbs Club Level Presented by Northwest Federal Credit Union.
- CommonWealth One Federal Credit Union Received Two First Place Awards from the Virginia Credit Union League
September 5, 2023CommonWealth One Federal Credit Union (CommonWealth One) received two first-place awards from the Virginia Credit Union League (VACUL) for the impact the credit union is making in the community.
- BayPort Ranked No 1 in Virginia for Excellence in Member Service, Digital Branch Launch
August 30, 2023For the fourth straight year, BayPort Credit Union is the only Virginia credit union to have won in all four award categories in the 2023 Social Responsibility and Member Service Awards sponsored by the Virginia Credit Union League (VACUL) and the Credit Union National Association (CUNA). This year, BayPort is recognized for launching its comprehensive digital branch and enhanced virtual banking experience, $500,000 Accelerating Change Together grant, free virtual and in-person adult financial education outreach, and classroom youth financial literacy through its Student-Run Credit Union programs.
- Langley Federal Credit Union Donates $25,000 to American Red Cross to Support Hawaii and Hilary Disaster Relief Efforts
August 28, 2023Langley Federal Credit Union is donating $25,000 to the American Red Cross supporting relief efforts for recent disasters across multiple western states including the Hawaii wildfires and the aftermath of Tropical Storm Hilary.
- Vizo Financial Pledges $1 Million to Grants Program to Support CUs' Financial Education Initiatives
August 23, 2023In a nod to the credit union movement’s sixth cooperative principle of "concern for community," Vizo Financial will be reserving $1 million to provide financial empowerment grants for credit unions. The Vizo Financial Empowerment Grants Program will begin in September 2023 and includes a five-year plan to disperse funds to credit union foundations so that they can help natural person credit unions build financial literacy programs that not only benefit, but empower, their members and, ultimately, their communities.
Credit Union News Release Archive
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