Member One's New Leadership Team Driving Success After Merger
Member One Introduces Leadership Team for New Beginnings
Member One, a division of Virginia Credit Union, is thrilled to announce its new regional leadership team, following the recent merger that united the two organizations and set the stage for a bright future. This significant merger created a combined entity that serves nearly 500,000 members across various markets in Virginia.
The Merger Transformation
The successful merger marks a pivotal moment in Member One's journey, solidifying its commitment to providing exceptional service to its members. The leadership team will play a crucial role in ensuring seamless integration across the Roanoke Valley, New River Valley, and Lynchburg markets.
Local Engagement and Decision Making
As they embark on this new chapter, community engagement and localized decision-making will remain key focuses. Chris Shockley, President/CEO of Virginia Credit Union, emphasizes the importance of balancing continuity with change. This approach is designed to address the unique needs of each market effectively.
Meet the Leadership Team
The well-rounded leadership team brings a wealth of experience and dedication to their roles, aiming to enhance both member services and community involvement.
Tim Rowe: Market President
With an impressive 38 years at Member One, Tim Rowe steps into the role of Market President. Having deep roots in the Roanoke area, he is committed to improving member services and fostering employee engagement. Rowe's active involvement with local organizations and youth sports reflects his dedication to community advancement.
Jean Hopstetter: Senior Executive Vice President
Jean Hopstetter brings nearly 30 years of credit union experience, including 16 years at Member One. As the Senior Executive Vice President, she will oversee integration efforts, ensuring that both member-facing operations and administrative support unify seamlessly.
Commitment to Members
Throughout the integration process, which is expected to continue until 2026, Member One members can continue accessing services through existing platforms and local branches. There will be no job losses as a result of the merger, and all existing branches will remain open to serve members.
Building a Solid Future
The leadership team recognizes the trust that members have placed in them. They are excited about the future, emphasizing how the organizations' missions and cultures align. This perspective establishes a solid foundation that prioritizes member success and community support.
Frequently Asked Questions
What is the primary goal of the new leadership team?
The primary goal is to ensure smooth integration of services while enhancing member engagement and community collaboration.
No employee will lose their job due to the merger?
Correct. There will be no job losses as a consequence of the merger between Member One and Virginia Credit Union.
When is the full integration process expected to be completed?
The integration process is estimated to conclude around 2026, ensuring a seamless transition for all members.
How will members receive updates about the merger?
Members will receive timely updates through various communication channels, including email and the Member One and Virginia Credit Union websites.
What role does local involvement play in the new structure?
Local involvement is critical, as the leadership team prioritizes decision-making that reflects the needs of the communities they serve, ensuring tailored services and support.
Lewis Wood
Virginia Credit Union
804-560-5664
lewis.wood@vacu.org
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