Navy Federal Credit Union
Navy Federal Credit Union provides banking services to over 3 million members. (Photo: Courtesy of company.)
About Navy Federal Credit Union
820 Follin Lane, Vienna, Va. 22180
www.navyfederal.org
| 888-842-6328
| Founded: 1933
Industry: Banking | Category: Credit Unions
The world's largest credit union, Navy Federal, has more than $34 billion in assets and 3 million members, and it is growing. In 2007, the company expanded its worldwide network of branches by 25 percent and operates 150 offices. It added 2,700 employees in call centers and within those branches to maintain service. Plans are underway to more than double the number of full-service branches by 2012.
2007 Financial Data
Revenues: $2,373,285,000Total employees: 7,319 | Local employees: 4,173
Did You Know
IN THE BEGINNING: In 1933, seven Navy civilians formed a self-help club that would one day become Navy Federal. Each pledged $1 — two weeks' wages — to a savings pool for emergency loans.
