To advance independent optometry through innovative financial solutions
In 1951, a group of optometrists from the California Optometric Association envisioned a banking institution dedicated to the specialized needs of independent optometrists. Consequently, they founded the California Optometric Credit Union. Then, upon request, the services were expanded into other states and the name was changed to Vision One Credit Union. Today, we continue the vision and operate as a non-profit financial institution with an all O.D., all volunteer Board of Directors. Committed solely to independent optometry, our products and services allow the private practitioner to enter practice ownership, build wealth, and execute retirement/exit strategies.
We are funded by member deposits from independent O.D.s, optometric associations & societies, optometric colleges and companies that support independent optometry. Your deposits are re-invested back into independent optometry – not other medical professions or industries.
As a financial institution by optometrists for optometrists, we dedicate our attention towards solutions to industry-wide problems. We strive to reduce the road blocks for new optometrists to enter private practice and allow senior doctors a timely, lucrative exit. Vision One Credit Union seeks to bridge the communication gap between practice buyers and sellers through our complimentary financial education programs. Practice buyers and sellers can count on us to clarify the practice transition process, help assemble the appropriate transition team and customize financial structures that can reduce transition risk.
By providing these services, we seek to enhance the economic viability of private practice optometry. As an optometric community resource, we go far beyond conventional financing sources to help you realize your financial plan.