ValleyStar Credit Union announces interim chief financial officer

MARTINSVILLE, VA (March 7, 2022) — ValleyStar Credit Union announces Mendy Shaffer as its interim chief financial officer. She joins the executive team, working alongside her colleagues, to identify and secure investment and financing opportunities.

Mendy joined the ValleyStar team in 2018 as the VP of accounting, creating efficient billing procedures and building the budgeting methodology for ValleyStar. In her new role, Mendy leads the oversight of accounting and financial functions such as investments, securities and asset liabilities to ensure the strength and security of ValleyStar’s financial assets.

“Mendy has several years of expertise in the credit union industry, leading results-oriented teams and creating better processes with advanced technology,” said Mike Warrell, CEO of ValleyStar Credit Union. “Her skill set will advance sustainable and scalable strategies in financial technology and capital growth for ValleyStar, translating into value for our members.”

Mendy holds a Bachelor of Business Administration from Averett University and her Master of Business Administration from Radford University. She obtained her American Bankers Association, Stonier Graduate School of Banking, Banking Leadership through The Wharton School, and attended the CUNA Financial Management School and Southeast Region Credit Union School of Management.

Mendy Shaffer

About ValleyStar Credit Union

We speak your language. Since 1953, the ValleyStar team has guided, educated and stood by its members to make banking and managing your finances as easy and convenient as possible. The Credit Union is more than $500 million in assets, serving cities and counties in Virginia and North Carolina. ValleyStar is a full-service financial institution that offers consumer and commercial products and services. Headquartered in Martinsville, Virginia, ValleyStar operates digital banking services and seven physical branch locations in Collinsville, Danville, Martinsville, Richmond, Roanoke, Rocky Mount and Waynesboro, Va. and a loan center in Fishersville, Va. For more information, visit We’d love to speak with you.


Becky Freemal, CMCO
Phone: 540.483.0018 x3201

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