A report of the credit union at the Veterans Administration regional office, Roanoke, Virginia

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1950

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Virginia Tech

Abstract

The Veterans Administration Regional Office Credit Union, located in Roanoke, Virginia, is a cooperative association, organized to promote thrift among its members and to accumulate a fund from these savings to make needed loans to members for useful purposes at reasonable interest rates. It is chartered and supervised by the Federal Government through the Bureau of Federal Credit Unions. Membership is limited to those who work in the Regional Office. Control and management are in the hands of the members. Each member present at annual or special meetings has one vote. Members elect directors and committeemen, exercise democratic control over the credit union's activities, and receives reports each year from the Board of Directors, Committees, and administrative officers. Only members may borrow from the credit union.

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