Virginia Educators Credit Union

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

No compensated employees were reported for this year.

Mission Statement

The Credit Union provided affordable loans to 381 individuals during the year. Many of the individuals would not have been able to obtain such loans from other financial institutions. In addition, the Credit Union provided depository services to members and financial literacy presentations and services within various schools. The Credit Unions membership consists of primarily 1) All students and persons engaged in educational services in the Cities of Newport News, Williamsburg, and the counties of Isle of Wight, York, James City, Gloucester, and Mathews. Additionally, 2) all students enrolled in a college or university in the cities of Newport News, Hampton, and Williamsburg and alumni of such colleges and universities and 3) employees and students of Hampton University, 4) Un-married spouses of deceased members, 5) family members related by blood, marriage, or by law, 6) retirees of the above noted school systems, 7) any retired educator currently residing in the localities specified