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ABOUT NWS FEDERAL
CREDIT UNION
The NWS Federal Credit Union
was chartered on September 25, 1956by a group of seven volunteers
under the name of Naval Mine Depot Employees Credit Union. The original
field of membership was the civilian employees of the U.S. Naval Mine
Depot, Yorktown, Virginia; credit union employees, members of their
immediate families and organizations of such persons. The philosophy
of the credit union was "to make more available, to people of
limited means, credit for provident purposes through a national system
of cooperative credit, thereby helping to stabilize the credit structure
of the United States".The philosophy has remained constant while
the name of the credit union has changed to NWS Federal Credit Union.
Due to the type of federal installation where the main office was
located, the Board of Directors determined a definite need for a satellite
location. This location would enable family and retired members to
have continued access to their credit union. The Grafton Office began
operation in July of 1983 and the Gloucester Office opened in June
of 1985. With these offices came later evening hours during the week,
and Saturday hours. A new Grafton Office located at 6035 Route 17
began operation on July of 1988, and also originated the ATM system
for the NWS Federal Credit Union. In 1993, a new location for the
Gloucester Office opened at 2543 George Washington Memorial Highway,
Hayes, VA. This location proves to be more accessible for both north
and south bound traffic and has the convenience of a
drive-thru window.
The NWS Federal Credit Union
will continue to provide the best financial services
at the lowest cost and return a higher profit to our credit union
membership family.
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