UVA Community Credit Union announces Grand Opening of office for its wholly-owned mortgage subsidiary, member options

CHARLOTTESVILLE, VIRGINIA (July 14, 2022) — A ribbon cutting ceremony was held on Wednesday, July 13 to celebrate the new Member Options Mortgages and UVA Community
Credit Union Loan Production office located at 2060 Pro Pointe Lane, Harrisonburg.

“This Harrisonburg location is the first Loan Production office in the Credit Union’s newly expanded market. We are thrilled to bring the same level of service we are known for to the Valley Area. Throughout the years, Member Options has provided award winning service and offers a range of lending products to meet the needs of those looking to make homeownership a reality,” said Joe Raichel, chief lending
officer for UVA Community Credit Union.

With headquarters in Charlottesville, UVA Community Credit Union received approval in 2021 from the State Corporation Commission/Bureau of Financial Institutions to expand its area of membership, more than doubling its previous footprint. Membership is open to those who live, work, or attend school in, and to any business located in, Virginia’s Central Piedmont and Valley area.

The new Loan Production office in Harrisonburg will be managed by Tom McGloon, regional mortgage director for Member Options. In addition, this office will support the Credit Union’s commercial lending and indirect auto loan business activities in the area.

“I am proud to call Harrisonburg home for over 40 years,” said McGloon. “Member Options is different than other home loan lenders. We are committed to growing and strengthening this community by offering financial products, service, and education that makes sense. The dream of homeownership is essential, and the best part of my job is working with our experienced team of professionals to make those dreams a reality.”

For more than 25 years, Member Options has been helping people achieve their dreams of homeownership across the Commonwealth of Virginia.

Since 1954, UVA Community Credit Union, a not-for-profit financial cooperative, has focused on serving both our member-owners and the communities where they reside. We provide affordable financial solutions, free financial education, and other initiatives designed to help individuals, families, and businesses achieve financial success.

About UVA Community Credit Union

UVA Community Credit Union is an award winning not-for-profit, member-owned cooperative that provides a wide range of convenient and professionally managed personal and business financial services to its more than 80,000 members. Membership is open to individuals who live, work, or attend school in, and to any business located in, Virginia’s Central Piedmont and Valley area.


Michelle H. Simon, CFMP | UVA Community Credit Union
SVP, Marketing
PH: 434-964-2009 | Email

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