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SOURCE: Virginia Credit Union League
League Purchases Property in Downtown Richmond, Two Blocks from Capitol Square
Lynchburg, VA (PRWEB) January 18, 2013
In support of its governmental affairs and regulatory work, the Virginia Credit Union League is relocating key members of its staff to a newly purchased office building just two blocks from Capitol Square in downtown Richmond, Virginia.
For more than 75 years, the League has worked with lawmakers and regulators to promote and protect the interests of Virginia's not-for-profit credit union system. Officially headquartered in Lynchburg, about 115 miles from Richmond, the League has discussed moving some or all of its operations to Richmond a number of times during the past two decades.
The organization has rented office space in Richmond to facilitate its lobbying and regulatory work, but it has never had a permanent presence in Richmond or permanently assigned more than one or two staff members to the Richmond area.
"The League Board carefully considered all facets of this decision," said Virginia Credit Union League President Rick Pillow, "but ultimately, our mission is to serve the Commonwealth's credit union system and this relocation is a necessary step in advancing our advocacy work."
By January 2014, five of the League's 24 staff members, including League President Rick Pillow and three of the League's five management team members, will be permanently assigned to the Richmond office. No positions will be cut, and League staff now working at the Lynchburg office will continue to be headquartered there. There are no plans, at present, to relocate additional staff after January 2014.
The League purchased the Richmond office building through reserved funds. It also owns its Lynchburg office outright. Plans for the Richmond office include a reception hall with sufficient space to host legislative events and credit union meetings. The League will also rent out some office space at the Richmond location to other organizations.
Learn more about Virginia's 180 credit unions by visiting the website of the Virginia Credit Union League, the state trade association that promotes and protects Virginia's credit union system, while offering products and services that help credit unions best serve their members – http://www.vacul.org. To find a credit union you may be eligible to join, please visit http://www.aSmarterChoice.org for a searchable database of the nation's credit unions and their membership options.
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