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Navy Federal Credit Union

Navy Federal Credit Union


What is the Navy Federal Credit Union?

The Navy Federal Credit Union is a credit union located in Vienna, Virginia. As the name suggests, the Navy Federal Credit Union is regulated and formally chartered under the authority of the United States Navy and the National Credit Union Administration of the United States Federal Government.

The Navy Federal Credit Union is the largest credit union in the world; the establishment has over $41.4 billion in assets and a staggering 3.4 million members. Furthermore, Fortune magazine listed the Navy Federal Credit Union as the 78th best company to work for in the United States.


Membership Requirements:

Membership requirements for the Navy Federal Credit Union are set by the National Credit Union Administration. Similar to all credit unions in the United States, membership in the Navy Federal Credit Union is strictly limited to individuals who share the common bond defined in the organization’s union charter. More specifically, membership in the navy Federal Credit Union is limited to:

o All Department of Defense uniformed personnel, meaning all Army, Navy, Air Force and Marine Corps members and retireeso All Department of Defense Reservistso All Army and Air National Guard personnelo All Department of Defense civilian employeeso All Department of Defense Officer Candidate programso All Department of Defense contractors who are specifically assigned to U.S. government installationso Employees of the Navy Federal Credit Uniono And lastly, Family members, including, parents, spouses, siblings, grandparents, grandchildren and children of the aforementioned parties.

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