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History
"How can we start a credit union?" This was the discussion on a hot August day in 1951. A group of civilian employees at Fort Eustis discussed the need to eliminate the high interest rates of "loan sharks" that preyed on the employees at Fort Eustis. An agreement was reached, application made, and on September 20, 1951, the charter (No. 7448) of the Fort Eustis Federal Credit Union was approved.

The elected treasurer carried the approximate $500, collected initially from the original charter members, in a cigar box together with the account register. Loans were made to any civilian employee of Fort Eustis without a credit check and based solely on trust. This promising beginning epitomized the credit union motto "People helping people". 1st Advantage Federal Credit Union, formerly Fort Eustis Federal Credit Union, has grown from a cigar box with $500 to an organization with assets over $400 million and approximately 60,000 members located around the world.