Our History

Proudly Serving Dominion Employees and Their Families Since 1940

Dominion Credit Union was created in 1940 by employees of what was then known as the Virginia Public Service Company (VAPSCO), for the sole purpose of serving employees and their families.
Back in those days it was hard to come by a small cash loan easily, so employees looked into creating a credit union. This would allow them to borrow and save with each other and at better rates than elsewhere.

Personal Service. Trusted Advice.
In its early years, Dominion Credit Union was run out of Dominion’s Payroll Department. A single employee, Mary Broaddus, ran the credit union from a box of files she carried on a rolling cart. The only way to access your money was to ask Broaddus for a check. Over the years, Mary became known for her incredible personal service and sage advice about the value of saving over spending.

Exponential Growth; Same Member Focus.
In the 1980’s the credit union experienced a great deal of growth and it hasn’t stopped since: vehicle loans, checking, membership expansion to include retirees, contract workers, and family members, a call center, ATMs, and Online Banking are just a few additions. Yet, our mission has remained the same: to improve the financial well-being of our members by offering products and services that benefit them.

Throughout our history, Dominion Credit Union has been responsive to the specific needs of Dominion employees in a number of ways, including:

• Working with Dominion to offer special loans to employees affected by natural disasters
• Accommodating workers during storms by offering extended service
• Placing ATMs in company buildings that might be considered “too small” by bank standards

While we continue to grow and add new services to meet the changing needs of our members, we remain committed to treating each member as an individual. Join today, and find out for yourself why membership means never having to be just a “customer” again.