On April 12, 2012, the members of Bellwood FCU voted to approve a merger with Henrico FCU. The combined membership of both credit unions will approach 30,000 with assets of over $180 million.The merger is scheduled to be completed in 2012.
Henrico FCU has a unique approach not seen before in the Richmond-area. According to Susan Epperson, vice president of retail, "Credit unions are personal organizations. Strong relationships are key to our success, and we see value in keeping the Bellwood name." Henrico FCU plans to operate the office on Jeff Davis Highway as "Bellwood Credit Union, a division of Henrico Federal Credit Union."
Chris Williams, Henrico FCU's president/CEO is "excited about the work ahead of us, and is looking forward to meeting the needs of our members on both sides of the river."