New partnership expands credit unions’ multicultural journey

Virginia Beach, VA (April 3, 2024) — Chartway Credit Union proudly announces its partnership with Norfolk State University (NSU) through sponsorship of the university’s athletics program. This collaboration marks a significant step in Chartway’s commitment to meeting the diverse needs of the community, particularly ensuring financial inclusion and upward mobility for the African American community in the Hampton Roads region of Virginia.

“Norfolk State University holds a distinguished position as a historically black college with a profound impact on the local community,” said Melissa Cade, Chartway’s chief retail officer. “Chartway recognizes the importance of this institution and its role in fostering growth and opportunity for African American students and residents in the region, so we are honored to partner with NSU athletics as part of our multicultural journey. Through our combined efforts, we will empower our youth in the area of financial wellness and further our reach into the Black community.”

Chartway’s sponsorship of Norfolk State University’s athletics programs solidifies its commitment to supporting initiatives that resonate with the diverse population it serves. As part of this partnership, Chartway will have a prominent presence at various NSU sports venues, including William “Dick” Price Stadium and the Joseph G. Echols Memorial Hall.

“Norfolk State University is pleased to be a part of this progressive partnership with Chartway Credit Union. Our collaboration will benefit our students, faculty, staff, and alumni in ways that will enhance their quality of life for years to come,” said Clifford Porter, Jr., vice president for university advancement at Norfolk State University. “As a Historically Black College and University (HBCU), Norfolk State has its origins in creating avenues for the social mobility of people of color in Hampton Roads and beyond. Today, our focus is broader but remains true to that original mission. Our friends at Chartway join us in this effort, and we look forward to the years of progress.”

Chartway’s multicultural journey serves and empowers traditionally overlooked communities including the Hispanic and African American communities. The credit union is committed to ensuring the products and processes it provides fulfill the needs of a highly diverse membership base. With safe, affordable, and relevant financial services, Chartway unlocks potential, so members and communities thrive.

Learn more about Chartway Credit Union at www.Chartway.com.

About Norfolk State University

Norfolk State University is a comprehensive urban public institution committed to transforming students’ lives through exemplary teaching, research and service. Offering a supportive academic and culturally diverse environment for all, the University empowers its students to turn their aspirations into reality and achieve their full potential as well-rounded, resourceful citizens and leaders for the 21st century. NSU, the largest HBCU (Historically Black College and University) in the Commonwealth of Virginia, plays a vital economic and social role in the City of Norfolk, the Hampton Roads region, and across Virginia.

About Chartway

Since 1959, Chartway has been unlocking the potential of individuals and families so they can thrive. Member-owned and values-driven, our $2.9 billion credit union proudly serves more than 230,000 members with branches in Utah, Texas, and Virginia. We’ve been recognized by Forbes as one of America’s Best-In-State Credit Unions, included on American Banker’s Top Credit Union to Work For list, and received numerous other top workplace and best credit union accolades. Reflecting a bright way forward, our charitable arm – the Chartway Promise Foundation – has granted nearly $15 million to provide medically fragile children and their families memorable experiences that bring joy, hope, and smiles. For information on our vibrant organization, please visit www.Chartway.com and follow us on Facebook, Twitter, and Instagram.

# # #