New Generations Federal Credit Union

Effective August 25, 2006, persons who live, work (or regularly conduct business), worship, attend school, or volunteer in, and businesses and other legal entities located in the City of Richmond, VA, are eligible for membership at New Generations FCU.

If you’re an employer, you know how important benefits are to your employees. You also know how expensive they are. You may not know that providing credit union membership opportunities for your staff may be one of the best benefits you could offer. And the best part—it’s totally free to you. As an employer, the only requirement is that you agree to provide payroll deduction for your employees to the credit union—a very simple process with which we’ll be happy to help you set up.

We are a federally-chartered, federally-insured financial cooperative headquartered in the beautiful state capital of Virginia, Richmond. Hard by the historic James River, New Generations traces its roots to 1950 as the credit union founded to serve employees of the City of Richmond, a group we continue to serve to this day. Since the early days, we've added employees of over 700 employers around the area.

We currently operate six offices: two in Richmond and one each in the adjoining counties of Chesterfield and Hanover. New Generations is a full-service financial institution offering a comprehensive array of consumer financial services.