Sperry Marine Federal Credit Union

Special Meeting to Vote on Merger

Dear Members,

vacu_new_logo2Your Sperry Marine Federal Credit Union Board of Directors is pleased to announce that it has approved and is seeking a merger with Virginia Credit Union. For the long-term sustainability and expansion of services to members, your Board determined the merger would be in the best interest of the credit union and membership.

There will be an important special meeting for members on Tuesday, April 21, 2015 at 5:00 PM at the Seminole Court Branch. The Seminole Court branch is located at 120 Seminole Court, Charlottesville, VA 22901.

The purpose of the special meeting is to vote on merging with Virginia Credit Union, Inc. It is extremely important that all members participate in this member vote, either by attending the special meeting in person, or by submitting your ballot in advance.

Please check your mail and read the letter that we sent you regarding the merger vote.  Enclosed in that mailing you should find the following documents that will provide you with the necessary information as you consider the proposed merger:

  • Merger Announcement
  • Notice of Special Meeting of the Members on Proposal to Merge
  • Individual and Combined Statement of Financial Condition
  • Approved Summary Plan of Merger
  • Merger Proposal Ballot

Please review each of the above merger related documents and complete the Merger Proposal Ballot. You may bring the ballot to the special meeting, return it by mail using the enclosed envelope, or hand deliver it to the above address. Members who are unable to attend the special meeting must return their ballots prior to the meeting on Tuesday, April 21, 2015 at 5:00 PM.

The Board of Directors has extensively studied the alternatives and unanimously recommends approval of this merger with Virginia Credit Union as being in the best interest of the members of Sperry Marine Federal Credit Union. We will be working with Virginia Credit Union to make the transition as seamless as possible to you, our members. Your deposits will remain federally insured before, during and after the transition. The methods by which you access your funds, use your checking and other accounts, your credit and debit cards, and your online account access will remain the same. Virginia Credit Union will be investing in improvements in the Seminole Court office to better assist you with all your financial needs. Additionally, as a member of Virginia Credit Union you will have access to many new points of service and offices throughout our expanded community, many ATM’s and new additional financial services.


Joe Nasevich
Board Chairman, Sperry Marine Federal Credit Union

Win Door Prizes at 2015 Annual Membership Meeting

door prizesYour Credit Union will be holding the 2015 Annual Membership Meeting:

Tuesday, April 21, 2015
5:00 PM

Credit Union Main Office120 Seminole Court, Charlottesville, VA


Light refreshments will be servedA selection of door prizes will be awarded

Board of Directors Election

This meeting is being held for the sole purpose of electing members to serve on the Board of Directors for the Credit Union. There are THREE (3) positions to be filled, each with a term of three years.

Search Committee Nominations

The Nominating Committee, which consists of three Members of the Credit Union appointed by the Chair of the Board of Directors, has nominated the following credit union members to serve as members of the Board of Directors:

  • AB Brown – Incumbent
  • Dianne Buchanan – Incumbent
  • Nick Punsalan – Supervisory Committee member

Additional Nominations

Additional nominations for vacancies may also be made by petition signed by a minimum of TWENTY FIVE (25) members of the Credit Union. Each nominee by petition must submit a statement of qualifications and biographical data with their petition. Nominations must be accompanied by a signed certificate from the nominee stating that they are agreeable to their nomination and that they will serve if elected. The election will not be conducted by ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. Nominations by petition may be mailed to the following address, and they must be received by 5:00 PM, Monday March 9, 2015.

Sperry Marine Federal Credit Union
ATTN: Nominating Committee
P.O. Box 7766
Charlottesville, VA 22906

Come and take part in our Election process. It’s your Credit Union !!!

Your Full-Service Credit Union

The Sperry Marine Federal Credit Union is a full-service financial institution offering services you might only expect in a large bank. Unlike a commercial bank, however, most of our services are provided at a low fee or for free.

Discount Movie Tickets

We hope you are surviving the winter of 2015. Spring Training has started, so warmer weather cannot be far away! March will be a great month for the movies!

  • Chappie, the newest movie from Neil Blomkamp (District 9, Elysium) comes out on March 6th
  • Disney’s new live-action version of Cinderella will be released on March 13th
  • Insurgent, the next film in the Divergent series, comes out on March 20th
  • You can also view a calendar of this month’s movies (PDF format)

Learn more about our offer, and then purchase tickets from any SMFCU teller for just $8.50 per ticket. Why wait? See a movie tonight!

Check out our special offers!

VISA Credit Card

VISA credit cardDid you know that you can use your SMFCU Credit Card to pay your tax bill? Pay online. No checks to write and no waiting in line at the post office!

Don’t have a SMFCU credit card? Apply online or contact a loan officer today.

Car Loan Special

4.00 Percent Car Loan SpecialIf you’ve got your eye on a new or used car, truck or SUV, Sperry Marine Federal Credit Union can help you get into the vehicle of your dreams. Our Vehicle Loans offer great terms, fast approval, and rates as low as 4.00% APR.

Apply online or contact a loan officer today.

Discount Movie Tickets

Regal Premier movie ticketsEnjoy a movie tonight with discount movie tickets from Regal Entertainment Group!

Purchase tickets from any SMFCU teller for just $8.50 per ticket and save over 20 percent off local box office prices at the largest theatre group in the nation.

Skip a Loan Payment

Loan Skip-a-Pay ProgramNeed more cash? The answer could be as simple as taking advantage of Sperry Marine Federal Credit Union’s Loan Skip-a-Pay Program.

Discount Tax Preparation

Get a discount from Jackson Hewitt tax serviceReceive a special discount off tax preparation for members of the Sperry Marine Federal Credit Union.

Turbo Tax Discount

TurboTax logoReceive a 5 special savings on TurboTax, just for members of the Sperry Marine Federal Credit Union!


Are you eligible to join Sperry Marine Federal Credit Union?
SMFCU membership is limited. Are you eligible to join Sperry Marine Federal Credit Union? See if you are in our field of membership.
Apply NowEligible but not a member yet? Apply today! Download a New Account application, print it, and then bring the completed form to our office.

† APR = Annual Percentage Rate. Quoted rate is the lowest available rate. Your rate will be based on your credit history and may be higher. These special rates apply only to new loans. Rates and terms subject to change without notice.