Navy Federal Credit Union

Navy Federal Credit Union (or Navy Federal) is a multinational credit union with its main office in Vienna, Virginia. It ranks 6th on the list of the best credit unions based on revenue. It was established and is governed by the National Credit Union Administration (NCUA). Navy Federal is the biggest natural member (or retail) credit union in the country in terms of membership and asset size. Navy Federal has 12.1 million members and assets of $156.7 billion as of October 2022.

As with most financial institutions, Navy Federal provides a full range of account services, including savings accounts, checking accounts, debit cards, IRA accounts, home equity lines of credit, and certificates. Because a member's initial savings deposit ($5.00) actually symbolizes their part of ownership in the credit union, the savings product is called "Share Savings" to reflect this.

In addition, Navy Federal provides its customers with credit cards, mortgages, home equity lines of credit, personal, auto, and student loans, as well as internet banking and some small business services such as PPP loans. Navy Federal Financial Group, the CUSO for Navy Federal, provides more comprehensive insurance, financial planning, and investment services.

Founded: October 26, 1935
Headquarters: Chicago, Illinois, United States
Website: https://www.alliantcreditunion.org/