The $115 million Roanoke Postal Employees Federal Credit Union is now Blue Eagle Credit Union, joining the ranks of other postal credit unions that have re-chartered and re-branded in recent years.
The 10,300-member western Virginia credit union was founded in 1948 to serve USPS employees and its board – comprising USPS employees and retirees who saw their ranks shrinking – asked its members to consider converting to a state charter and expand its field of membership.
"At our 62nd annual meeting last October, an overwhelming majority of votes was cast by our members in favor of conversion from a federal to a state charter," said CEO Jeff Thompson.
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