WELCOME TO VERMONT'S
CREDIT UNION!

We're excited to announce Vermont Federal Credit Union and Credit Union of Vermont are officially merging as of January 1st, 2026.

Learn what that means for you below!

Better Together

We are pleased to share that Credit Union of Vermont members have approved the merger, and as of January 1, 2026, Credit Union of Vermont will become part of Vermont Federal Credit Union. Together, we will offer an enhanced digital banking experience, access to a larger branch network, and expanded member service hours.

Part of the merger agreement was a one-time special dividend payout to all Credit Union of Vermont members. If you look at the history in your savings account, suffix 1, you may notice a $100.00 "Special Dividend", and another amount titled "Special Div #2". The final % for the 2nd dividend was 4.674%. Please reference your merger announcement packet for information about how the dividends were calculated. If you have questions, please call the Rutland branch at 802-773-0027.

June 1, 2026, is our planned system conversion date, when both credit unions will be fully integrated into one seamless experience. You will receive more detailed information closer to our conversion date. At this time, there is no action required from you. You can continue to bank as normal for the foreseeable future.

What's Changing on January 1:

Credit Union of Vermont will now operate as Credit Union of Vermont: A Division of Vermont Federal Credit Union.
Credit Union of Vermont members will now have access to loan and deposit rates offered by Vermont Federal Credit Union.
Credit Union of Vermont membership share pledge will now be $5, instead of $25. The $20 variance will be available to you in your share account.
Vermont Federal Credit Union ATMs will be available to Credit Union of Vermont members surcharge-free.

What's Not Changing

The experienced Credit Union of Vermont employees who currently assist you will stay the same, and branch hours will continue as normal.
Your existing accounts and account numbers with the Credit Union of Vermont will remain the same and will still be accessible using the same banking tools you’re accustomed to.

Important Account Notices

Merger Announcement

Mortgage Information

NCUA Coverage

UNITED BY HISTORICAL ROOTS

Vermont Federal Credit Union and Credit Union of Vermont were both founded in the 1950s with a collective vision to offer dedicated financial services to U.S. Postal Service workers.

With strong roots in the postal service and longstanding connections to the communities we serve, we are excited to unite our visions to create a Credit Union for Vermonters, by Vermonters.

Vermont Federal Credit Union was founded in 1953 as the Burlington Postal Employees Credit Union. Just a short time later, the Credit Union was renamed to the U.S. Government Employees Credit Union of Chittenden County. The Credit Union's connection to these roots remains strong, as many government employees in Vermont are still loyal members of Vermont Federal.

In 1990, members decided to change the Credit Union from a state to a federal charter, becoming Vermont Federal Credit Union in 1991. After a series of expansions and mergers, Vermont Federal Credit Union was granted a community charter in 2001.

Today Vermont Federal Credit Union operates under a community charter, opening the possibility of membership to anyone who lives, works, worships, or attends school in the state of Vermont, as well as any of their family members.

PURPOSE:
To help Vermonters prosper, no matter where they may be on life’s journey.

CORE VALUES:
• We do the right thing, always.
• We believe wholeheartedly in what we do.
• We’re genuine, generous, and kind.
• We respect each other, regardless of our differences.
• We go above and beyond for members and each other.

GENERAL INFORMATION:
• Total Assets: Approximately $1,000,000,000
• Location: South Burlington, VT
• Branches: 8
• Employees: 175

: Vermont Federal Credit Union was founded in 1953 as the Burlington Postal Employees Credit Union. Just a short time later, the Credit Union was renamed to the U.S. Government Employees Credit Union of Chittenden County. The Credit Union's connection to these roots remains strong, as many government employees in Vermont are still loyal members of Vermont Federal.

In 1990, members decided to change the Credit Union from a state to a federal charter, becoming Vermont Federal Credit Union in 1991. After a series of expansions and mergers, Vermont Federal Credit Union was granted a community charter in 2001.

Today Vermont Federal Credit Union operates under a community charter, opening the possibility of membership to anyone who lives, works, worships, or attends school in the state of Vermont, as well as any of their family members.

PURPOSE:
To help Vermonters prosper, no matter where they may be on life’s journey.

CORE VALUES:
• We do the right thing, always.
• We believe wholeheartedly in what we do.
• We’re genuine, generous, and kind.
• We respect each other, regardless of our differences.
• We go above and beyond for members and each other.

GENERAL INFORMATION:
• Total Assets: Approximately $1,000,000,000
• Location: South Burlington, VT
• Branches: 8
• Employees: 175
: Credit Union of Vermont was chartered in 1958 by U.S. Postal Service employees to serve the needs of Postal and Federal employees and their families. Today, they remain dedicated to serving the needs of government employees.

Today membership in the credit union is open to Federal, State, School, Municipal and County employees residing or employed anywhere in Vermont. Membership is also open to ALL family members.

MISSION:
As a member owned, not-for-profit financial institution, our mission is to serve our members by providing a wide range of financial services on advantageous terms, in a professional and friendly atmosphere,
while ensuring the credit union’s financial stability.

CORE VALUES:
As a not-for-profit financial cooperative serving Postal, Federal, State, School, Municipal, and County Employees and their family members, we continue our commitment to providing exceptional financial services while maintaining strong community ties.

GENERAL INFORMATION:
• Total Assets: Approximately $79,000,000
• Location: Rutland, VT
• Branches: 1
• Employees: 8

Frequently asked questions

Nothing is changing yet! We will be continuing business as usual while we work through regulatory and other approvals over the next several months. Throughout this process, you will be notified well in advance of any changes and steps you need to take. We will be here to help every step of the way.

: BETTER ACCESS:

Together we will have 9 branch locations throughout Vermont to serve members and robust digital services to help you bank using your preferred method.

EXPANDED PRODUCTS/SERVICES:
As a member, you will have access to a more robust product and service line, a dedicated call center, weekend branch hours, and access to digital banking services.

COMMUNITY IMPACT:
Through combined resources and expanded outreach programs, we would strengthen our ability to support local initiatives, promote financial literacy, and foster economic growth throughout Vermont.

STABILITY AND SECURITY:
Combining our organizations positions us with greater financial strength and stability. By joining forces, we plan to create a stronger institution that would provide greater peace of mind and security for our members and their deposits.

MORE RESPONSIVE TO EVOLVING FINANCIAL NEEDS:
This partnership is a strategic decision aimed at ensuring long-term sustainability and prosperity and would allow the combined credit union to better anticipate and meet the financial needs of members in a competitive financial services industry.

SAME KNOWLEDGEABLE, FRIENDLY EMPLOYEES:
Rest assured, you will still bank with the same familiar faces that you have been across both institutions.
: For now, nothing about your day-to-day banking will change. Your accounts, services, and access will remain the same until the planned conversion date, and we will keep you informed every step of the way to ensure a smooth transition.

However, beginning January 1, Credit Union of Vermont members will have access to the loan and deposit rates offered by Vermont Federal Credit Union. In addition, the Credit Union of Vermont membership share pledge will be reduced from $25 to $5, and you will gain surcharge-free access to Vermont Federal Credit Union ATMs.

You’ll still be able to visit the same branch locations and work with the same friendly teams. You can continue to rely on secure, convenient digital banking, strong community support, and the products and services you expect from us.
: After New Year’s, the Credit Union of Vermont Rutland branch and website will now be referenced as Credit Union of Vermont: A Division of Vermont Federal Credit Union.

Once the merger is fully completed and all systems are integrated, the combined credit union’s name will be Vermont Federal Credit Union.
: Overall, our combined assets would be more than $1 billion, serving more than 60,000 members with 9 branches throughout Vermont. With a competitive physical presence and added strengths in products, services, personnel, and technology, we would be able to better serve our members and our communities. It’s important to add that while our new asset size is slightly larger, our joint commitment and focus remain to provide the best value to our members, employees, and the communities we serve.

Questions?

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WELCOME TO VERMONT'S
CREDIT UNION!