We're more than just a smart place to do your banking. We're also your co-worker, your friend, and your financial partner. We value our relationship and want to help make great things happen in your life.
We have a long history of serving Dominion employees, and we understand your specific needs. When you call us, it's like calling an old friend who will go above and beyond to help.
We're a not-for-profit, member-owned financial cooperative that focuses on members like you. We offer the same personal financial services as the big banks, but with better rates, fewer fees, and more personal attention.
Since our beginning, we’ve cultivated steady, sensible growth. We now have more than $265 million in assets and more than 22,200 members throughout all 50 states. But with this growth we’ve never lost sight of our commitment to serving Dominion employees, and to creating a level of trust so that you look to us first for your financial needs.
Throughout our history, Dominion Credit Union has been responsive to the specific needs of Dominion employees in a number of ways, including:
A midnight game of poker leads to what is now Dominion Credit Union.
View a timeline, photos, and more at 75reasons.com
In 1940, a handful of Virginia Public Service Co. employees, who called themselves The Foreman’s Club, were in hot water after playing one too many hands of poker. They were short on cash when it came time to settle at the end of the night.
Back in those days, one couldn’t come by a small cash loan easily. The employees began looking into creating something called a “credit union” that would enable them to save and borrow with each other, at better rates than elsewhere. Dominion Credit Union was formed solely to help employees take control of their finances and make a better life for themselves and their families.
Personal Service and Trusted Advice
In our early years, Dominion Credit Union was run out of Dominion’s Payroll Department. From the mid 1960's to 1980's, a single employee, Mary Broaddus, maintained all credit union business in a box of files she carried on a rolling cart. The only way to access 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 with the Same Member Focus
In the 1980s the credit union started on its current path of consistent growth as we added a full-range of services, expanded membership to include retirees, contract workers, and family members, and enhanced convenience through the latest technologies. Yet our mission has remained the same: to improve the financial well-being of our members by offering products and services that benefit them.
As Dominion has evolved over the years, we’ve been right there with them. The credit union recently added several more ATMs in company buildings, now serving more than 50% of Dominion employees in the workplace.
Today, members can access their accounts anytime, anywhere with services like mobile banking. The list of shared branches and services centers has also grown nationwide. The credit union now also offers several mortgage options to employees in VA, NC, and OH, making it more affordable than ever to buy a home.
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 discover The Dominion Difference.
We exist for the sole benefit of you, our member.
Unlike a traditional bank, Dominion Credit Union is governed by a volunteer Board of Directors composed of Dominion members just like you. Our board and management team work diligently to ensure the credit union's financial stability and that we uphold our mission to improve the lives of our members.
Board of Directors
The same reason we were created in 1940 holds true today; to help Dominion employees save more and reach their goals faster. From checking and mobile banking, to low interest auto loans and surcharge-free ATMs, we make banking easy.