Navy Federal Credit Union News

Navy Federal awards scholarships to top ROTC students across military branches

Navy Federal Credit Union has announced the recipients of its ROTC All-American Scholarship Program, recognizing outstanding students from the Air Force, Army, and Navy/Marine branches.

Navy Federal Credit Union partners with nonprofits for military community support

Navy Federal Credit Union has announced a new multi-year partnership with several nonprofit organizations dedicated to serving the military community.

Navy Federal settles overdraft fee issue with CFPB; pays $15 million fine

Navy Federal Credit Union has reached an agreement with the Consumer Financial Protection Bureau (CFPB) regarding overdraft fees on personal checking accounts.

Navy Federal unveils top cities for veterans transitioning to civilian life

Navy Federal Credit Union has unveiled its 2024 Best Cities After Service list in collaboration with Sperling’s BestPlaces.

Navy Federal Credit Union commits $450 million annually for member givebacks

Navy Federal Credit Union has announced a substantial investment initiative, pledging approximately $450 million in annual givebacks to its 14 million members.

Cost of Car Ownership Index decreases but remains high since January baseline

Navy Federal Credit Union has released an update to its Cost of Car Ownership (COCO) Index, which provides insights into the costs associated with owning a car.

Navy Federal concludes scholarship sweepstakes awarding $15K for college expenses

Navy Federal Credit Union has announced the conclusion of its 2024 Student Loans Scholarship Sweepstakes.

Marine Corps Air Station Iwakuni credit union wins top honor from US Navy

The Department of the Navy has named the Navy Federal branch located at Marine Corps Air Station Iwakuni in Japan as its "Credit Union of the Year" for 2023.

Navy Federal introduces new credit card offering unlimited cashback

Navy Federal Credit Union has introduced the cashRewards Plus credit card, offering members a chance to earn unlimited 2% cash back on all purchases.

Navy Federal awards scholarships to top ROTC seniors nationwide

Navy Federal Credit Union has awarded its annual ROTC All-American Scholarships to 15 ROTC seniors.

Navy Federal joins effort addressing minority homeownership barriers

Navy Federal Credit Union has joined the CONVERGENCE Collaborative as a founding member.

Navy Federal tops J.D. Power's 2024 U.S. Credit Card Satisfaction Study

Navy Federal Credit Union has achieved the highest score among credit card issuers in the J.D. Power 2024 U.S. Credit Card Satisfaction Study.

Navy Federal partners with USO in $9 million commitment for military support

Navy Federal Credit Union has announced a new partnership with the USO, committing $9 million to enhance programs for servicemembers and their families.

Navy Federal hosts its annual charity run benefiting Dog Tag

Fitness enthusiasts, families, and individuals of all ages are invited to participate in the 30th annual Navy Federal Credit Union 5K Run/Walk/Roll.

Navy Federal Credit Union honored with Secretary of Defense Freedom Award

Navy Federal Credit Union has been named one of 15 recipients of the 2024 Employer Support of the Guard and Reserve (ESGR) Freedom Award.

Navy Federal partners with Feeding America for military family hunger relief

Navy Federal Credit Union and Feeding America have launched a new initiative, No Plate Left Behind, aimed at supporting military families facing food insecurity.

Navy Federal launches index tracking car ownership cost trends

Navy Federal Credit Union has introduced the Cost of Car Ownership (COCO) Index, a tool designed to help consumers evaluate auto ownership costs and make informed decisions regarding buying, financing, and maintenance.

Navy Federal Credit Union Celebrates Military Appreciation Month with Special Offers and Acts of Service

VIENNA, VA (May 1, 2024) – Navy Federal Credit Union is showing its appreciation for Active Duty servicemembers, Veterans, and their families by launching a series of celebratory activities and member deals for Military Appreciation Month. The credit union aims to honor those who go above and beyond in their service to the country.Members of Navy Federal can take advantage of exclusive offers throughout May and beyond, including bonuses for new members and special discounts on loans. Mehdi Dinia, vice president of membership at Navy Federal, expressed the credit union's...

Navy Federal Credit Union recognized among Fortune's best workplaces

Navy Federal Credit Union has once again been acknowledged as one of the Fortune 100 Best Companies to Work For in 2024, marking its 13th consecutive appearance on the list.

Navy Federal begins operating overseas military banking facilities

Navy Federal Credit Union has begun managing the Department of Defense's Overseas Military Banking Facilities, branded as "Community Bank."