Navy Federal Credit Union is a member-owned, not-for-profit financial cooperative founded in 1933, serving exclusively the military community. It has grown to more than 15 million members with over $190 billion in assets, operating 178 branches on or near military installations and 27 international locations worldwide. The institution employs more than 25,000 people globally.
The credit union offers a range of financial products including checking and savings accounts, credit cards, mortgages, auto loans, student loans, and investment services through Navy Federal Investment Services. Its operational footprint includes a network of over 30,000 free ATMs and U.S.-based member representatives available around the clock.
As a cooperative, Navy Federal puts members first rather than shareholders. The organisation pursues a digital-first approach to its mobile banking and digital tools, and supports its community through financial education initiatives such as the MakingCents programme and charitable giving. It maintains a specialised focus on the needs of military families.
