Your Credit Union History

The approval of Federal Credit Union Charter Number 14623 on August 8th, 1961 allowed for Lynchburg Municipal Employees Federal Credit Union (LMEFCU) to help promote financial services and security for its membership. We were originally chartered to serve employees of the City of Lynchburg and their immediate families. On July 7, 1980 the Lynchburg Education Association Credit Union merged with Lynchburg Municipal Employees Federal Credit Union. When both credit unions were originated their main service was promoting savings thru share accounts and small loans. We are now a multiple common bond Credit Union, still believing the way to acquire new members is thru one organization at a time. Our Credit Union has served its members for over 45 years with this same philosophy. We offer a wide variety of services to our members to meet their financial needs. Over the past nine years we have been giving back to our membership a loan interest refund and savings bonus to say “thank you” for your support. We will continue to strive to meet the needs of our members.

Who Can Join?

The field of membership of this credit union shall be limited to those having the following common bonds:

  1. permanent full time employees of the City of Lynchburg, Virginia;
  2. permanent full time employees of The Lynchburg Redevelopment & Housing Authority, Lynchburg, Virginia;
  3. permanent full time employees of the Magistrates Office, Lynchburg, Virginia;
  4. permanent full time employees of the Lynchburg City School and Board;
  5. permanent full time employees of the Central Virginia Planning District Commission, Lynchburg, Virginia;
  6. permanent full time employees of the Central Community Services Board, Lynchburg, Virginia;
  7. employees of the following, who work in the Virginia locations named:
    1. United Way of Central Virginia, Lynchburg, Virginia
    2. YMCA of Central Virginia, Lynchburg
    3. Big Brothers Big Sisters of Central Virginia, Lynchburg
    4. The Arc of Central Virginia, Lynchburg
    5. Alliance For Families & Children of Central Virginia, Lynchburg
    6. YMCA of Central Virginia, Lynchburg
  8. employees of Candler Oil Company, Inc., who work in Lynchburg, Virginia;
  9. employees of Carlson Wagonlit who work in Lynchburg, Virginia;
  10. employees of Lynchburg Humane Society who work in Lynchburg, Virginia;
  11. employees of Pepsi-Cola Company who work in, or are paid or supervised from Lynchburg, Virginia;
  12. employees of Grayson Wireless/MIKOM US who work in Forest, Virginia;
  13. employees of Adecco who work in or are paid from Lynchburg, Virginia;
  14. employees of Adult Day Care who work in or are paid from Lynchburg, Virginia;
  15. employees of Banker Steel Company who work in, or are paid or supervised from Lynchburg, Virginia;
  16. employees of Virginia's Region 2000 Local Government Council who work in, or are paid or supervised from Lynchburg, VA

Spouses of persons who died while within the field of membership of this credit union; employees of this credit union; persons retired as pensioners or annuitants from the above employment; members of their immediate families or households; and organizations of such persons.

Office:

3176 Fort Avenue, Lynchburg, VA 24501

Phone:

(434) 845-1013

Hours:

Open everday at 7:30 a.m.
Close Monday, Tuesday, Wednesday at 4:00 p.m.
Close Thursday and Friday at 5:30 p.m.

ATM locations:

3176 Fort Avenue, Lynchburg, VA 24501


*Services include but are not limited to:

Consumer Loans Equity Loans Savings
CDI & Life Insurance Share Draft Checking Certificates of Deposit
Money Market Debit/ATM Cards Direct Deposit
Electronic Transfers Visa Gift Cards Visa Credit Cards
HFS - "Home Banking" CUSA TALK IV Advantage Cards
Regal Movie Tickets Amusement Park Tickets Notary

*LMEFCU services are subject to standard LMEFCU policy and guidelines. LMEFCU Board of Directors are elected to 3 year terms representing the membership and elected by the membership at the Annual Meeting of the Membership. Terms are elected on a 3 year alternating basis which allows for no more than 3 directors elected each year unless there are unexpired terms to be elected. The Board consists of a total of seven board members with Board meetings held monthly. The LMEFCU Supervisory Committee is appointed by the Board annually to oversee credit union operations as an independent committee.

Current LMEFCU Board of Directors include: Melva Walker, Chair; Steve Arthur, Vice-Chair; Audrey Lindsay, Secretary; Richard Steadman, Treasurer; George Springer, Betty Scott and Darrell Evans.

Supervisory Committee members include: Denise Musgrove, Chair; Vivian Brown, Emmie Boley and Joyce Reynolds.

Staff Members are Jane Foster, Manager; Debbie Saunders Loan Officer; Dena Bomar, Member Service Manager; Stephanie Rourke, System Coordinator; Angela Sweet, Head MSR, Debra Black, Senior MSR, Traci Viar, MSR.

To all LMEFCU member/owners and those eligible persons considering membership, thank you for your support of Lynchburg Municipal Employees Federal Credit Union and being part of the continued history of your credit union. We appreciate you!
Back to top