Richmond Heritage Federal Credit Union is a voluntary, nonprofit, cooperative association of individuals sharing a common employment bond as defined by our field of membership. Each member is an owner of the credit union and is entitled to a single vote regarding the business of the credit union. The Richmond Heritage Federal Credit Union was chartered in April 1936. The credit union was established to provide Richmond Virginia School Board and Virginia Union University employees and family members a means to save and borrow money. In later years, the charter was amended to include employees and families of Richmond Community Hospital and Virginia Mutual Benefit Life Insurance Co., Inc.