Credit Union of Richmond (CUofR) announced that it has received approval from State Corporation Commission to expand its charter and membership eligibility beyond the city of Richmond, Virginia (VA). CUofR is now a community-chartered credit union and has been approved to serve the Richmond, VA Metropolitan Statistical Area. Credit Union of Richmond membership is now opened to those who live, work, worship or attend school in the Richmond, VA Metropolitan Statistical Area. The Richmond, VA Metropolitan Statistical Area includes the counties of Amelia, Charles City, Chesterfield, Dinwiddie, Goochland, Hanover, Henrico, King William, King and Queen, New Kent, Powhatan, Prince George, and Sussex along with the other four cities of Richmond, Petersburg, Hopewell, and Colonial Heights.
“We are very excited to have the opportunity to grow the credit union and expand our financial products and service offerings to the Richmond, VA Metropolitan Statistical Area,” said Credit Union of Richmond President and CEO Shirley Cooper. “This expansion removes membership barriers and provides opportunity for future growth and sustainability as we are now able to serve more localities. We are financially strong and will continue our prudent financial responsibility as we grow to serve this expanded market.”
Credit Union of Richmond will celebrate its 98 th anniversary in November 2021. Since opening in 1923, formerly under the name Richmond Postal Credit Union, Credit Union of Richmond’s focus has always been dedicated to building members dreams by offering quality personalized services that go above and beyond to fulfill financial needs. Added Cooper,
“Thank you all for your continued support, trust, and loyalty to Credit Union of Richmond. With the experience of 98 years of member service, we look forward to being your financial partner for many more years. Credit Union of Richmond is all about people helping people. We’re still doing what we do best, helping our members.”
To support the expansion, CUofR will evaluate convenient and effective ways to serve members throughout these communities. The credit union will continue to invest in technological advancements that will best serve their members. They will continue to provide members with convenient, secure, and reliable account access 24/7 through online and mobile banking. CUofR continues to be a partner of the CO-OP shared branch and ATM network that provides nationwide access to over 5,000 branches and over 30,000 surcharge-free ATMs.