Looking for a credit union in Richmond, VA? You have more choices than you might expect, from large cooperatives with branches across the region to small community credit unions with deep local roots. The right fit depends on who can join, where the branches are, and which products you need. This guide compares six credit unions serving Richmond, Henrico, Hanover, and Chesterfield so you can find the best credit union for your goals.

If you’re weighing credit unions against traditional banks, see why more Virginians are choosing credit unions over big banks.

Things to Consider:

• Geographic availability: Branches in or near Richmond, Henrico, Hanover, and Chesterfield, or eligibility that covers the Richmond area.
• Who can join: Whether membership is open to the community, tied to an employer, or open to a specific group.
• Products and services: Look for checking, savings, auto and home loans, credit cards, youth accounts, and strong online and mobile banking options, and always check current rates and special offers on the products that matter most to you.
• Access: Branch networks and shared-branch or ATM access.

The Top Credit Unions in Richmond, Virginia for 2026

1. Connects Federal Credit Union

Connects Federal Credit Union is a member-owned, not-for-profit credit union founded in 1950 that serves the Greater Richmond area from three convenient branches: the Henrico branch on Shrader Road, the Hanover branch in Mechanicsville, and the Chesterfield branch on Midlothian Turnpike in North Chesterfield. Anyone who lives, works, worships, volunteers, or attends school in the City of Richmond or Chesterfield, Hanover, or Henrico counties can join, along with immediate family members.

Members can open a range of checking accounts (including options with debit cards, rewards, and added protections), savings and money market accounts, and youth accounts designed for kids and teens. Connects also offers competitive auto loans, home loans and mortgages (including fixed-rate options and home equity products), Platinum VISA® credit cards with no annual fee and competitive rates, personal loans, and robust online and mobile banking with bill pay. Members enjoy CO-OP shared branch access and a large network of surcharge-free ATMs. Loan decisions are typically fast, and the credit union emphasizes personalized local service.

Best for: Richmond-area residents who want a community credit union with branches in Henrico, Hanover, and Chesterfield, plus a full suite of everyday banking and lending products.

2. Virginia Credit Union (VACU)

Virginia Credit Union is the largest credit union headquartered in the Richmond area, a member-owned cooperative founded in 1928 as the State Employees’ Credit Union, with 20+ branches mostly in the Richmond region. Membership is open through employer groups, schools, and communities that include the City of Richmond, plus family members. It offers checking, savings, credit cards, auto, home, and business loans, plus free financial education.

Best for: Members who want a large branch network and a full range of products, including business services.

Keep in mind: VACU is a large credit union, so the experience can feel less boutique or personal than at smaller community institutions.

3. Call Federal Credit Union

Call Federal Credit Union is a Richmond-based credit union founded in 1962 by Philip Morris employees and now open to anyone who lives, works, worships, volunteers, or attends school in the Richmond metro area. It has multiple public branches across Richmond, Chesterfield, Hanover, and Henrico and offers youth savings accounts along with checking, savings, loans, credit cards, and digital banking.

Best for: Metro-area residents who want a locally rooted credit union with multiple branches.

Keep in mind: Call has strong local roots and a solid branch presence, though some locations have historically been tied to specific employers.

4. The Credit Union of Richmond

The Credit Union of Richmond was founded in 1923 as Richmond Postal Credit Union and is the oldest continuously operating credit union in Virginia. Since 2021, membership has been open to anyone who lives, works, worships, or attends school in the Richmond metropolitan area (and surrounding counties). It serves members from its single office, with auto loans, mortgages, credit cards, and a mobile app.

Best for: Members who prefer a small, community-focused credit union.

Keep in mind: With only one physical location, it relies more heavily on digital tools and shared branches for everyday access.

5. Dominion Energy Credit Union

Dominion Energy Credit Union was established in 1940 and is based in Richmond, serving Dominion Energy employees, retirees, and contractors, plus their household and immediate family members. It operates three Richmond-area branches and offers checking, savings, auto loans, mortgages, Visa credit cards, and other standard credit union products.

Best for: Dominion Energy employees and their families.

Keep in mind: Membership is restricted to Dominion Energy affiliates and their families.

6. Navy Federal Credit Union

Navy Federal Credit Union is one of the nation’s largest credit unions, serving members of the armed forces, veterans, Department of Defense employees, and their families. In the Richmond area it has a branch on Glenside Drive in Henrico.

Best for: Military-affiliated members and their families.

Keep in mind: Membership is restricted to military, veterans, DoD employees, and their families; it is not open to the general public.

At a glance

Credit union	Who can join	Open to the Public	Richmond-area branches	Best for
Connects FCU	Live, work, worship, volunteer, or study in Richmond, Chesterfield, Hanover, or Henrico, plus family	Yes	3	Community credit union with open membership and 3 local branches
Virginia Credit Union	Employer groups, schools, and listed communities incl. City of Richmond, plus family	Yes	20+	Large network, business services
Call FCU	Live, work, worship, volunteer, or study in the Richmond metro	Yes	6	Local multi-branch option
Credit Union of Richmond	Richmond metro community	Yes	1	Small, community-focused
Dominion Energy CU	Dominion Energy employees, retirees, contractors, and families	No	3	Dominion Energy employees
Navy Federal CU	Military, veterans, DoD, and families	No	1	Military families

Ready to learn more about Connects Federal Credit Union? Check membership eligibility, explore current rates and offers, view locations and hours, or join online today at connectsfcu.org.

FAQs: Choosing the Best Credit Union in Richmond, VA