Loudoun Credit Union Celebrates Grand Opening at 6 West Market Street, Reinvesting in the Heart of Downtown Leesburg

LEESBURG, Va. – Feb. 25, 2026 – Loudoun Credit Union proudly announced the grand opening of its new flagship branch at 6 West Market Street in historic downtown Leesburg, marking the transformative revitalization of a property damaged by fire five years ago.

At a time when many financial institutions are reducing their presence and investment in suburban cores, Loudoun Credit Union is intentionally moving closer to the center of community life.

“We believe community still matters, and that happens in-person,” CEO Michael Falvey explained. “As banking evolves, you need both a first-class digital experience and a warm, walkable place where members feel seen. Downtown Leesburg gives us that balance.

“While others are pulling back, we’re doubling down. Every transaction has a story behind it, and our members know we’re the neighbor who cares about how that story turns out.”

Originally opened in 1978 and chartered to serve public servants, first responders, and teachers, LCU now operates under a full community charter, open to anyone who lives, works, learns, or worships in Loudoun County.

The move reflects the credit union’s continued growth and its expanding role within the broader Loudoun community. Plans are underway to introduce business and nonprofit accounts and additional financial services in 2026.

“This location couldn’t be more fitting,” Chair of the Board of Directors Cindy Mester shared. “As we look ahead to celebrating our 50th anniversary in just a few years, being back in the heart of downtown Leesburg feels symbolic. We were founded to serve this community, and there’s no better place to honor that legacy and look toward the future.”

The restoration of the newly named O’Connor Building was completed using local builders, architects, designers, and tradespeople, reflecting LCU’s commitment to reinvesting in Loudoun at every level. In January, the credit union hosted a private celebration, catered by local restaurants, to recognize the team members and community partners who brought the project to life.

The site’s landlord, Michael J. O’Connor, a longtime advocate for downtown revitalization, expressed his excitement for bringing the construction project to fruition.

“After the 2021 fire, we rebuilt with a vision for Leesburg’s future,” he said. “Loudoun Credit Union’s move here is a testament to that vision: a perfect blend of legacy and forward-thinking. Five years later, seeing this stretch of Market Street active again is exactly what downtown revitalization is about.”

The building’s distinctive hanging signs over West Market Street were created by students from Loudoun County Public Schools’ Academies of Loudoun in collaboration with the Loudoun Education Foundation and the LCPS Career, Technical and Adult Education Department.

This is an example of the credit union’s continued partnership with local education and workforce development initiatives, which includes a multi-year commitment to support the Loudoun Education Foundation’s Tools for Success scholarships and Workforce Development Fund.

“We are delighted that they wanted to come back to downtown Leesburg,” Town of Leesburg Mayor Kelly Burk said. “The Loudoun Credit Union is an institution that has helped so many people here in Leesburg and Loudoun County, so to have them headquartered here is so exciting for us. We know it’s going to be a great addition to the downtown.”

Beyond serving members, the O’Connor Building has been intentionally designed to serve the broader community. LCU’s new community meeting room will be available to nonprofit organizations, civic groups, and community partners seeking accessible space in the downtown area. The credit union also looks forward to welcoming neighbors during parades, festivals, First Friday events, and other downtown celebrations, offering a comfortable place to gather and reconnect throughout the year.

This investment reflects Loudoun Credit Union’s broader commitment to reinvesting locally. From the Loudoun-based builders, architects, designers, and tradespeople who restored the building, to the LCPS students who created the hanging signs that now grace West Market Street, the project represents a collaborative effort rooted entirely in Loudoun County.

To better serve members, Loudoun Credit Union will also introduce Saturday hours at its downtown branch, increasing accessibility for families and working professionals who rely on convenient, in-person service.

For Loudoun Credit Union, the move represents more than a new address. It is a reaffirmation of its identity as a member-owned, not-for-profit cooperative that hires locally, supports local families, and treats every member like a neighbor.

“This isn’t just a branch,” Falvey added. “It’s a statement about where we believe community banking belongs, right in the center of the community itself.”

For more information about membership or upcoming business services, visit loudouncu.com or stop by the new branch at 6 West Market Street in Leesburg.