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Virginia Credit Union Holds 97th Annual Meeting; Four Members Elected to Serve on Board of Directors

Virginia Credit Union

Virginia Credit Union (VACU) held its 97th Annual Meeting on April 8, celebrating nearly a century of service and marking the countdown to one of the most momentous milestones in its history — the full integration of its Roanoke-based Member One division.

On April 20, Member One products and services will move to VACU and all of the credit union’s nearly 500,000 members will be on one unified technology platform, with seamless access to VACU’s products and services, including branches. The credit union will also operate as one unified brand, with branches in the western part of the state transitioning to the VACU brand.

“Carefully considered planning and work across the whole of our organization have gone into making this systems conversion and integration a reality,” noted VACU President/CEO Chris Shockley. “We’re excited about what this will mean for all of our nearly 500,000 members, and the accomplishments of the past year demonstrate what we believed possible — that bringing our organizations together would create a stronger credit union that is better positioned to serve members, create member value, and invest in members’ success.”

During the Annual Meeting, credit union officials provided reports on the organization's 2025 accomplishments, financial health, and independent audit. That information is also detailed in the 2025 Annual Report. Members can learn more about the Member One systems conversion and integration at vacu.org/merger.

Held in person and virtually, the meeting also featured an announcement on the election of four members to VACU’s volunteer Board of Directors.

Directors elected to three-year terms are:

  • Kenneth E. Ampy — Co-founder and Chief Executive Officer of Astyra Corporation, a Richmond-based staffing and consulting firm.
  • John T. Grier — a Charter Financial Analyst and Managing Director of Public Markets for the Virginia Retirement System.
  • Paul D. Thompson — Vice President of Mid-Atlantic Distribution for MoboTrex, a company specializing in intelligent transportation systems and smart mobility solutions.
  • Eric B. Tolbert — a Certified Public Accountant and Executive Vice President/Chief Financial Officer of Value Added HVAC Distributors, a wholesale distributor of HVAC equipment.
Kenneth E. Ampy headshot
Kenneth E. Ampy
John T. Grier headshot
John T. Grier
Paul D. Thompson headshot
Paul D. Thompson
Eric B. Tolbert headshot
Eric B. Tolbert

Media Contact: Lewis Wood | lewis.wood@vacu.org | (804) 560-5664