The
Messenger
Winter 2017
A Letter from Our President/CEO
Dear ValleyStar Members,
We are excited to announce that we officially merged Valley Community Credit Union
of Waynesboro, VA into the ValleyStar Credit Union family effective January 1, 2017.
The joining of our two credit unions makes our organization stronger and better
able to provide the quality financial products and services our members deserve.
We will be maintaining the previous Valley Community branch office and ATM
located at 501 W. Broad St. in Waynesboro. This facility will be able to serve your financial needs
once all prior Valley Community members’ accounts are converted over to our system on or before
June 30, 2017. For now, we ask that you continue to have your accounts serviced at our branch
locations in Collinsville, Danville, Martinsville, and Rocky Mount.
We are honored to have the Valley Community family join ValleyStar and we look forward to the exciting
opportunities ahead of our vibrant, growing Credit Union!
Sincerely,
Delbert Lee Morgan
President/CEO
Save the Date: Golf Tournament
April 27, 2017 at Chatmoss Country Club (rain date May 4)
Registration begins soon for this exciting day of golf and festivities benefiting Children’s Miracle
Network Hospitals Southwest Virginia!
Protect
Protect
YourYour
Personal
Personal
Information
Information
Annual
Annual
Meeting
Meeting
to Be
to Held
Be Held
March
March
9th 9th
TheValleyStar
64th ValleyStar
Meeting
beon
held
on Thursday,
The 64th
Credit Credit
Union Union
AnnualAnnual
Meeting
will bewill
held
Thursday,
March March
9, 20179, 2017
the Spencer-Penn
6:00
pm. There
beprizes
door prizes
and giveaways,
and heavy
at the at
Spencer-Penn
CentreCentre
at 6:00atpm.
There
will bewill
door
and giveaways,
and heavy
hors d’oeuvres
be served.
This
be a event
great for
event
for members
tothe
meet
the ValleyStar
hors d’oeuvres
will bewill
served.
This will
bewill
a great
members
to meet
ValleyStar
of Directors
and staff.
Board Board
of Directors
and staff.
Thisthe
year,
the Nominating
Committee
has submitted
the names
of Richard
Phillips,
This year,
Nominating
Committee
has submitted
the names
of Richard
Wood,Wood,
Nancy Nancy
Phillips,
and Jo
Betty
to fill
the open
threeseats
openon
seats
the Board
of Directors.
and Betty
RayJo
toRay
fill the
three
theon
Board
of Directors.
Richard
Richard
WoodWood
RichardRichard
Wood Wood
has been
hasabeen
member
a member
of the Credit
of the Credit
Union Union
since 1965.
since 1965.
He hasHe
served
has served
ValleyStar
ValleyStar
since 1981
sincein1981
various
in various
capacities,
capacities,
including:
including:
member
member
of Supervisory
of Supervisory
Committee
Committee
(1981-1993),
(1981-1993),
Secretary
Secretary
of Board
of Board
of Directors
of Directors
(1985-1988
(1985-1988
and 2001-2004),
and 2001-2004),
Vice Chairman
Vice Chairman
of Board
of Board
of Directors
of Directors
(1992-2005),
(1992-2005),
and Chairman
and Chairman
of Board
of Board
of Directors
of Directors
(2006-present).
(2006-present).
RichardRichard
retiredretired
in 1995infrom
1995DuPont
from DuPont
as a mechanic
as a mechanic
with the
with
5ththe
Floor
5thPolymer
Floor Polymer
Maintenance
Maintenance
Group.Group.
He hasHe
been
hasan
been an
active participant
active participant
for credit
for union
credit advocacy
union advocacy
on behalf
on behalf
of ValleyStar
of ValleyStar
on theon
national,
the national,
regional
regional
and local
andlevels,
local levels,
including
including
contributions
contributions
within within
governmental
governmental
affairs affairs
conferences
conferences
in Washington,
in Washington,
D.C., D.C.,
legislative
legislative
sessions
sessions
in Richmond,
in Richmond,
and quarterly
and quarterly
meetings
meetings
and and
planning
planning
sessions
sessions
within within
the Piedmont
the Piedmont
Chapter
Chapter
of Credit
of Credit
Unions.Unions.
NancyNancy
Phillips
Phillips
Nancy Nancy
PhillipsPhillips
has been
hasabeen
member
a member
of the Credit
of the Credit
Union Union
since 1995.
since 1995.
She has
She
served
has served
ValleyStar
ValleyStar
since 1998
sincein1998
various
in various
capacities,
capacities,
including:
including:
Volunteer
Volunteer
at Large
at (1998-1999),
Large (1998-1999),
Secretary
Secretary
of Supervisory
of Supervisory
Committee
Committee
(1999-2006),
(1999-2006),
Supervisory
Supervisory
Committee
Committee
Chair (2006-2007),
Chair (2006-2007),
member
member
of Supervisory
of Supervisory
Committee
Committee
(2007-2010),
(2007-2010),
and member
and member
of Board
of Board
of Directors
of Directors
(2010-present).
(2010-present).
Nancy Nancy
is a professor
is a professor
at Patrick
at Patrick
Henry Henry
Community
Community
College.
College.
She received
She received
her Ph.D.
herfrom
Ph.D.UNC-Greensboro
from UNC-Greensboro
and her
and
M.B.A.
her M.B.A.
from Averett
from Averett
College.
College.
Nancy Nancy
is a past
is apresident
past president
and board
and board
director
director
of the Martinsville
of the Martinsville
Rotary Rotary
Club. In
Club.
addition,
In addition,
she is ashe
member
is a member
of Piedmont
of Piedmont
Arts and
Arts
the
and
Piedmont
the Piedmont
Arts Guild.
Arts Guild.
BettyBetty
Jo Ray
Jo Ray
Betty Jo
Betty
Ray Jo
hasRay
been
hasabeen
member
a member
of the Credit
of the Credit
Union since
Union1991.
sinceShe
1991.
hasShe
served
has served
ValleyStar
ValleyStar
since 2008
sincein2008
various
in various
capacities,
capacities,
including:
including:
Volunteer
Volunteer
at Large
at (2008-2009),
Large (2008-2009),
member
member
of Supervisory
of Supervisory
Committee
Committee
(2009-2011),
(2009-2011),
Supervisory
Supervisory
Committee
Committee
Chair Chair
(2011-2015),
(2011-2015),
and member
and member
of Board
of Board
of Directors
of Directors
(present).
(present).
She works
She as
works
an Executive
as an Executive
Assistant
Assistant
to the Vice
to the
President
Vice President
for Academic
for Academic
and Student
and Student
Development
Development
Services
Services
at
at
PatrickPatrick
Henry Community
Henry Community
College
College
(PHCC).
(PHCC).
In 2013,InBetty
2013,Jo
Betty
wasJo
awarded
was awarded
the PHCC
the PHCC
“Going“Going
The Extra
TheMile”
ExtraAward
Mile” Award
by her by
co-workers
her co-workers
and peers.
and peers.
Prior toPrior
her career
to her career
with with
the college,
the college,
she worked
she worked
for 30 years
for 30atyears
Pillowtex
at Pillowtex
Corporation
Corporation
in Fieldale,
in Fieldale,
VirginiaVirginia
in several
in several
positions
positions
including
including
Executive
Executive
Assistant
Assistant
to the General
to the General
Manager.
Manager.
If you are
If you
interested
are interested
in a position
in a position
on the on
Board
the of
Board
Directors,
of Directors,
please please
submit submit
your nomination
your nomination
by petition
by petition
to Richard
to Richard
Wood at
Wood
P.O.at
Box
P.O.
5511,
BoxMartinsville,
5511, Martinsville,
VA 24115
VA no
24115
laterno
than
later
February
than February
8th. 8th.
Here
Here
We We
Grow
Grow
in Roanoke!
in Roanoke!
On December
On December
7th, we7th,
celebrated
we celebrated
the groundbreaking
the groundbreaking
of our of
new
our
branch
new branch
location
location
in Roanoke
in Roanoke
on Buck
onMountain
Buck Mountain
Road at
Road
the intersection
at the intersection
of U.S.of
220.
U.S.
Local
220.dignitaries
Local dignitaries
were inwere
attendance
in attendance
along along
with ValleyStar
with ValleyStar
board board
members
members
and staff.
andThis
staff.
new
This
facility
new facility
will better
will better
allow us
allow
to serve
us toour
serve
current
our current
members
members
while attracting
while attracting
new members
new members
in the Roanoke
in the Roanoke
area. The
area.
new
The
branch
new branch
is expected
is expected
to open
to open
late 2017,
lateso
2017,
stayso
tuned
stay for
tuned
details
for details
on theon
progress!
the progress!
Jason Peters,
JasonChairman
Peters, Chairman
of the Roanoke
of the Roanoke
County Board
County
ofBoard of
Supervisors,
Supervisors,
presents presents
ValleyStar
ValleyStar
President/CEO,
President/CEO,
Delbert Delbert
Lee Morgan,
Lee Morgan,
with a Certificate
with a Certificate
of Appreciation
of Appreciation
for
for
ValleyStar
ValleyStar
President/CEO
President/CEO
with members
with members
of the Board
of the
ofBoard
Directors.
of Directors. Outstanding
Outstanding
Contribution
Contribution
to Economic
to Economic
Development
Development
L-R: BettyL-R:
Jo Betty
Ray, Director;
Jo Ray, Director;
James Rorrer,
JamesDirector;
Rorrer, Director;
Richard Wood,
Richard Wood, in Roanoke
in Roanoke
County. County.
Chairman;
Chairman;
Delbert Lee
Delbert
Morgan,
Lee Morgan,
President/CEO;
President/CEO;
Gregory Gregory
Hill,
Hill,
Legislative
Legislative
Representative;
Representative;
Norman Norman
W. Hill, Director;
W. Hill, Director;
G. Steve G.
Isley,
Steve
Treasurer.
Isley, Treasurer.
Holiday Closings
Martin Luther King, Jr. Day
January 16, 2017
President’s Day
Monday, February 20, 2017
Contact Us
Phone
Monday – Friday 8 am – 5 pm
276.632.1679
800.475.6328
Dial extension “2” to access Teller24
E-Mail [email protected]
Web Site www.valleystar.org
Richard Wood, Chairman of ValleyStar Board of Directors, and Delbert Lee Morgan,
President/CEO, present a check and donations to Lieutenant Ruby Keith of the
Salvation Army of Martinsville.
Holiday Food & Toy Drive Results
We would like to sincerely thank all who donated toward our
Holiday Food & Toy Drive to help make the holidays a little
brighter for local families! All four branches did a great job
collecting non-perishable food items and new, unwrapped
toys for area Salvation Armies. The Credit Union also presented
the Martinsville Salvation Army with a monetary donation in the
amount of $1,000 to further help children and families in need.
Mailing Address
ValleyStar Credit Union
P.O. Box 5511
Martinsville, VA 24115
Branch Locations & Hours
Collinsville
41 Wheeler Avenue
Collinsville, VA 24078
ATM on location
Danville
212 Holt Garrison Parkway
Danville, VA 24540
ATM on location
Martinsville
35 DuPont Road
Martinsville, VA 24112
ATM on location
Roanoke - Coming Soon!
3452 Buck Mountain Road
Roanoke, VA 24018
Dealer Spotlight:
Nelson Kia Subaru
Nelson Kia Subaru is a small town,
family-owned business proudly
founded in the early 1970s.
At Nelson Kia Subaru, they strive
to make their customers feel at home, offer excellent customer
service, and touch every automotive need you may have: sales,
service, collision repair, towing, rentals, and detailing! When you
visit Nelson Kia Subaru, you’ll meet their family of employees who
treat each customer like they are a part of the family, too!
4730 Virginia Avenue, Bassett, VA 24055 | 877.229.0877
Federally Insured by NCUA
Rocky Mount
1080 Old Franklin Turnpike
Rocky Mount, VA 24151
ATM on location
Branch Office Hours
Monday – Friday 9 am – 5 pm
Drive-Thru Hours
Monday – Friday 8 am – 6 pm
Saturday
9 am – 1 pm
Statistics
As of November 30, 2016
Assets
Shares
Loans
Members
$285,496,394
$241,374,165
$173,734,987
27,465