Navy Federal Credit Union now all-inclusive at navyfcu.org
Navy Federal Credit Union announced today the expansion of its field of membership to include all branches of the armed forces. The benefits of Navy Federal membership will now be available to all Navy, Marine Corps, Army, Air Force active duty, reserve, and guard personnel and all Department of Defense (DOD) civilians who serve this great Nation.
"There are two reasons why we are doing this," said Cutler Dawson, President/CEO, Navy Federal Credit Union. "First, we have a long and proud history of serving the men and women of the Department of the Navy and their families. In today's military environment, however, all branches of the armed forces share resources, conduct joint operations, serve on the same bases, and use the same exchanges, commissaries, and medical facilities. So we believe the time is right to extend that legacy of service to all of the men and women of the Department of Defense and their families."
"Secondly," continues Dawson, "we believe all members will benefit. As our active duty Navy and Marine Corps members relocate to new duty stations, they will discover that we are expanding our branch network into areas where, until now, we haven't had a physical presence. And, as new Army and Air Force members relocate, they will also find that we plan to open branch offices near many of their installations. Adding new members is good news for our credit union because membership growth allows us to offer an even broader array of products and services at highly competitive rates. Most importantly, we will continue to provide the world-class service our members deserve and have come to expect."
Dawson said the credit union's name will remain the same as will its commitment of remaining true to the credit union roots and tradition of service. "We are always mindful that the trust our members place in Navy Federal Credit Union is our most valuable asset," added Dawson.
During 2007, Navy Federal increased its worldwide network of branches by 25% and hired 2,600 new employees to continue to provide service excellence. As a financial leader, the credit union found it essential to enhance its world class member service by opening more branch offices to provide greater convenience to its growing membership. Plans are underway to more than double the number of full service branches by 2012.
Navy Federal, a 2008 Fortune 100 Best Companies to work for(R), has over 7,300 employees, allowing the credit union to enhance products, services, and programs for members. "Our employees are the reason why we are so successful," said Dawson. "We are privileged to provide exceptional service to our members and proud to serve the men and women of the United States Military."
Navy Federal Credit Union is the world's largest credit union with over $35 billion in assets, 3 million members, 150 branch offices, 40,000 ATMs and more than 7,300 employees world-wide. The credit union serves all Department of Defense (DOD) military and civilian personnel and their families. For additional information about Navy Federal, visit: www.navyfederal.org.
Website: http://www.navyfcu.org/Original Source : http://sev.prnewswire.com/banking-financial-services/20080527/DC2347327052008-1.html
