Program areas at Dominion Energy Credit Union
The Credit Union provides a low cost source of Credit by offering loan products such as vehicle loans, 1st and 2nd mortgage loans, visa and other loans.
The Credit Union emphasizes accessibility and convenience to a member's own money by offering delivery channels such as owned and shared branches, networked atms, 1-800 call center, online banking, checking accounts, electronic and other mediums of money transfer and access and visa debit and Credit cards. These services are offered at little to no charges, a commitment evidenced by the fact that our percentage of fee income to total income is among the lowest in the financial sevices industry.
The Credit Union promotes thrift by offering savings products paying attractive rates of interest available to large and small savers alike in products such as share savings accounts, money market accounts, christmas club accounts, and share certificates.
Personnel at Dominion Energy Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Afua P Essandoh | Incoming President and Chief Executive Officer | $0 | 2024-08-21 |
| Michael C Swalley | President and Chief Executive Officer | $0 | 2023-12-31 |
| Kenneth Barker | Vice Chairman | $0 | 2023-12-31 |
| Edward Baine | Chairman | $0 | 2023-12-31 |
| Donald Craft | Vice Chair | $0 | 2018-12-31 |
Financials for Dominion Energy Credit Union
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $11,693,504 | $10,179,906 | 14.9% |
| Investment income and dividends | $2,671,034 | $2,592,067 | 3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $14,364,538 | $12,771,973 | 12.5% |
Organizations like Dominion Energy Credit Union
| Organization | Type | Location | Revenue |
|---|
| ValleyStar Credit Union | 501(c)(14) | Martinsville, VA | $35,715,444 |
| University of Virginia Community Credit Union (UVACC) | 501(c)(14) | Charlottesville, VA | $51,224,047 |
| Jackson River Community Credit Union | 501(c)(14) | Covington, VA | $5,733,008 |
| Northern Star Credit Union | 501(c)(14) | Portsmouth, VA | $5,430,804 |
| Beacon Credit Union / Beacon Cu | 501(c)(14) | Lynchburg, VA | $16,479,530 |
| Credit Unions Chartered in the State of Michigan - 97 Vibe Credit Union | 501(c)(14) | Novi, MI | $25,404,715 |
| Kingsport Press Cu | 501(c)(14) | Kingsport, TN | $4,440,263 |
| Sentry Credit Union | 501(c)(14) | Stevens Point, WI | $3,850,431 |
| Prestige Community Credit Union | 501(c)(14) | Dallas, TX | $7,572,443 |
| MemberSource Credit Union | 501(c)(14) | Houston, TX | $9,456,713 |
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
May 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No full-time employees
General information
- Address
- 1100 Boulders Pkwy 601
- Richmond, VA 23225
- Metro area
- Richmond, VA
- County
- Chesterfield County, VA
- Website URL
- dominionenergycu.org/
- Phone
- (800) 268-6928
- Facebook page
- mydominioncreditunion
- Twitter profile
- @dommycu
IRS details
- EIN
- 54-6039972
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1940
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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