RICHMOND, VIRGINIA, Aug. 29, 2024 (GLOBE NEWSWIRE) — The Virginia Credit Union (VACU) Board of Directors has welcomed new members following its successful merger with Roanoke-based Member One Federal Credit Union on Aug. 1.

Penny Hodge and Matt Huff have joined the board as directors. Tyler Caveness will serve as an associate director. All three previously served on the board of directors at Member One Federal Credit Union. They began serving on the VACU board on August 1.

“We recognize the importance of this merger and the trust that Member One members have placed in us,” noted VACU Board Chairman Kenneth E. Ampy. “Through the merger, we gain not only the trusted and talented employees of Member One, but also the leadership of Penny, Matt and Tyler. They will bring their individual talents, their extensive knowledge of their members and communities, and their connections to local community, business and government leaders.”

About our new board members and deputy board members

• Penny Hodge is the retired Assistant Superintendent of Finance and Operations for Roanoke County Public Schools and has over 31 years of experience in public education and the local government sector. Hodge holds a bachelor’s degree in management accounting from Radford University and is a certified public accountant. She currently serves on the advisory board of Virginia Western Community College and the Roanoke County Local Finance Board. She volunteers for various nonprofit organizations that serve the Roanoke community.
• Matt Huff is a native Roanoke resident and serves as managing director of Poe & Cronk Real Estate Group, of which he is president. He has been named one of the state’s top “Power Brokers” by Virginia Business and has been featured in the Roanoke Times for his leadership in commercial real estate. Thanks to his business relationships and deep personal roots in the community, Huff has long been recognized as a leader in the regional business and policy community. He graduated with honors from Virginia Tech with a degree in finance.
• Tyler Caveness is a Roanoke native and the founder and principal advisor of Caveness Investment Advisory, LLC, a boutique wealth management practice for the self-employed. Prior to founding his firm, Caveness worked as a human capital management and technology implementation consultant for some of America’s largest employers. He earned a bachelor’s degree in economics from Harvard University in 2014, where he also played college football. He is active in the Roanoke community.

The VACU Board of Directors currently consists of 13 volunteers elected by the members and is ultimately responsible for the direction and control of the credit union. Non-voting board members can participate in board business and learn more about the credit union before being elected by the members for a seat as a voting board member.

The current board of VACU

The following people currently serve on the VACU Board of Directors:

Kenneth E. Ampy (Chairman)
Melina Davis (Vice Chair)
L. Robert Bolling (Secretary/Treasurer)
Kimberly R. Baine
Patricia A. Green
John T. Grier
Penny Hodge
Matt Huff
Brian K. Jackson
Robert B. Jones Jr.
Tracy McCabe
Paul D. Thompson
Eric B. Tolbert

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