VACU names Member One regional head for Roanoke, Lynchburg

Tim Rowe will be president of Virginia Credit Union division Member One’s markets in the Roanoke and New River valleys and Lynchburg, as the former Roanoke credit union integrates with VACU. 

Member One Federal Credit Union and VACU finalized their merger Aug. 1, creating a combined institution with 500,000 members and $7 billion in assets, the third largest credit union based in Virginia. The integration of Member One into VACU will likely be completed in 2026, according to a news release. Until then, Member One will operate as a division of VACU, and its members will bank as they did before the merger. 

As market president for Member One, Rowe will lead regional efforts in member services, employee engagement and community involvement.

A lifelong native of the Star City, Rowe previously was executive vice president and chief administrative officer at Member One, where he has worked since 1986, according to his LinkedIn profile.  

After earning a bachelor degree in finance, insurance and business law from Virginia Tech, Rowe earned a MBA at Radford University. He’s also completed several trainings, including programs with Harvard Business School and Wharton Executive Education.

Rowe sits on the local advisory board of Virginia Western Community College and on the board of the Virginia Council on Economic Education, which provides economic and financial education, resources and training. For more than three decades, Rowe has been active with Roanoke area youth and high school sports.

Additionally on Monday, VACU named Jean Hopstetter its senior executive vice president and merger integration executive for Member One. Hopstetter, who has spent 16 years at Member One and close to 30 years in the credit union industry, will lead integration of member-facing operations and the work of support and administrative staff.

Hopstetter holds a degree in business administration and a MBA from Saint Leo University in Florida. 

A current member of the board of the Roanoke County Public Schools Education Foundation, which raises funds to assist students and teachers, Hopstetter recently finished a six-year term on the board of the Taubman Museum of Art. 

“We understand the critical role local decision-making, engagement and leadership play in serving the unique needs of our various markets,” Chris Shockley, VACU’s president and CEO, stated in a news release. “Our regional leadership team balances continuity with change and positions us to deliver value for our members, to effectively collaborate with our community partners, and to successfully integrate our operations.”