The Credit Union of Richmond is a member-owned financial cooperative serving individuals who share a common bond, typically tied to a local community or employment base. Established to provide accessible financial services, the organization operates on a model that emphasizes democratic governance, with members entrusted to elect volunteer directors to oversee strategic decisions. Its historical roots lie in creating an alternative to traditional for-profit banking, focusing on the mutual benefit of members rather than external shareholders.
Located at 1601 Ownby Lane in Richmond, Virginia, the credit union offers a range of core functions typical of community-based financial cooperatives. These include deposit-taking and loan origination, basic payment services, and member education initiatives designed to promote prudent financial management. The organization’s operational scope generally encompasses branches and services tailored to daily banking needs, financial counseling resources, and community outreach aligned with its mission to support financial well-being among its members. Through these activities, it contributes to local economic participation and financial inclusion.
Better than 21% of providers in Richmond
In addition to the primary service, Credit Union of Richmond also offers:
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Credit Union of Richmond is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Credit Union of Richmond is listed as a financial service provider in Richmond, VA and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Credit Union of Richmond to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Credit Union of Richmond, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Credit Union of Richmond with other providers in Richmond and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Credit Union of Richmond has a rating of 3.5, which is better than 21% of providers in Richmond.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Credit Union of Richmond requests. It is always best to call ahead using the phone number on this page so Credit Union of Richmond can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Credit Union of Richmond also offers: Credit union, ATM, Car finance and loan company, Financial institution, Mortgage lender.