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820 Follin Ln SE
Vienna, VA 22180

Navy FCU is a Virginia-based federal credit union serving millions of members who are, or are related to, service members and employees with the Department of Defense. The credit union offers a range of depository banking and lending products, as well as business and investment services, and is considered the largest credit union in the world.

On its personal banking side, Navy Federal Credit Union offers checking, savings, Money Market, Certificate, and IRA accounts to serve consumers’ savings needs. A variety of checking account options offer flexibility and include accounts designed for active duty members, students, and members looking for higher interest returns. Navy’s active duty checking has no balance minimums, refunds ATM fees up to a certain amount, and gives free military-themed checks for the life of the account. The student checking differs from the basic checking account only by offering ATM fee refunds. Overdraft protection options are available on all of Navy’s checking accounts.

The credit union’s basic savings account has no monthly fees and a low initial deposit requirement. A savings account is automatically opened by the credit union when membership is granted. Money Market savings accounts offered by the credit union earn more than a basic savings account because of minimum balance requirements. There is also a Jumbo dividend rate for Money Market accounts with over $100,000 balances. Certificates and IRA Certificates are available in term lengths that range from 3 months to 7 years. Navy’s Special Certificate account earns a competitive rate of interest, but has a low maximum balance cap. Its standard Certificates and IRA Certificates have no maximum deposit caps. DepositAccounts.com has recognized Navy’s Certificates repeatedly in the past.

Navy FCU online banking offers a secure and convenient banking platform on which members can perform account management tasks like transferring funds, paying bills, ordering checks, and making loan payments. Free Direct Deposit makes it easy to seamlessly deposit paychecks and Navy’s mobile banking services provide remote deposit to make depositing any check quick and simple. Scan deposits can be accomplished via a scanner attached to a computer and are free for personal account holders, $1 per month for business account holders.

Navy FCU was originally established in 1933 as the Navy Department Employees’ Credit Union of the District of Columbia. After dissolving in 1947, the credit union was rechartered as a federal credit union and named Navy Department Employees Federal Credit Union, until transitioning to its current name in 1954. Today, Navy FCU is headquartered in Vienna, Virginia, and employs over 10,000 people who serve more than 4 million members. The credit union serves its members through numerous locations in states all across the country.

Field of Membership Restrictions

Membership in Navy Federal Credit Union is open to members of active duty Army, Marine Corps, Navy, Air Force, Coast Guard, Army and Air National Guard, Department of Defense Officer Candidate/ROTC, Department of Defense Reservists, retirees from military service, Department of Defense civilian employees and contractors and retirees, U.S. Government Employees Assigned to Department of Defense Installations. Membership is also open to immediate family of current members or those eligible for membership.
See current membership details

Related Posts

Navy Fed Adds 20-Month Special Certificate - 8/3/2016

Navy Federal CU has added a 20-month Special Certificate (2.00% APY). The minimum opening deposit is $20 and there is a balance cap of $20k.

Special 20-Month Certificate 2.00% APY - 8/1/2016

2.00% APY 20-month term $20,000 maximum balance $20 minimum to open Certificates | Navy Federal Credit Union

Navy FCU Offers 15-Month Military Appreciation CD - 5/3/2016

Navy FCU has a 15-month Military Appreciate CD (3.00% APY). Min deposit is $25, with a balance cap of $10k. Additional deposits allowed. Must be active or retired military.

View all posts from:

9/17/13 - Navy FCU Sells $200 Million In Banking Services On Facebook
8/9/13 - Navy Federal Offers V.Me Digital Wallet
8/5/13 - Navy Federal Direct Deposit and Refer-a-Friend Bonuses
6/13/13 - Navy Federal Books Record $753 Million In Loans In May
6/3/13 - How The World’s Biggest Credit Union Uses Social Media
5/15/13 - Navy Federal’s Shred Day - Navy Shred-eral Day
5/8/13 - NFCU Military Appreciation Week -- 4% CD, Etc.
4/4/13 - Navy Federal Announces 1,500-Job Florida Expansion
2/26/13 - NAVY FCU Increases Rate To 3.50%
2/8/13 - Problem With Interest Checks From Navy Federal
1/7/13 - Long-Term CD Rates Fall at Navy Federal But Remain Competitive
1/4/13 - Add-On IRA CDs
9/17/12 - Special CD Rate and Other Deals for Navy Federal's Members Appreciation Week
9/17/12 - Navy Fed Member Appreciation Week
9/5/12 - Navy Federal To Hold First-Ever Worldwide Member Appreciation Week
9/4/12 - CD Rates Fall at Navy Federal But Remain Competitive
8/30/12 - Can A CD With Joint Owners Have A Beneficiary?
6/29/12 - Referral Bonus
5/1/12 - New CD Rates and Tiers at Navy Federal Credit Union - Limited Membership
4/12/12 - Top CD & IRA CD Rates at Navy Federal - Limited Membership
2/27/12 - Can Add On To Existing IRA CD Before 4/30
12/22/11 - Navy Federal's IRA CD Special & Top CD Rates - Limited Membership
11/6/11 - Navy Federal CU Now Offers Scan Deposits Service
9/13/11 - Special Easy Start 12-Mo. CD
7/29/11 - Rate Change
4/1/11 - Navy Federal Raises CD Rates Again - Available Nationwide But Limited Membership
3/1/11 - Higher CD & IRA CD Rates at Navy Federal Credit Union - Limited Membership
2/28/11 - 1 Year Easy Start CD
1/25/11 - Navy Federal Increases Special 30-Mo CD Rate, But Limits It To IRAs
12/7/10 - Rate Cut From Navy Federal Credit Union
11/18/10 - Special 30-Month CD and IRA Rate at Navy Federal Credit Union
10/31/10 - Update For Navy Federal Members Who Came From USA Fed
9/23/10 - USA Fed Members Soon To Become Navy Federal Members: Opportunity to Join Navy Federal?
9/22/10 - USA Federal To Merge Into Navy Federal - Impact To Navy's FOM?
9/6/10 - Navy Federal's CD Rates Fall But Remain Competitive
9/3/10 - Top CD and IRA CD Rates at Navy Federal But Rates May Fall Soon - Limited Membership
2/4/10 - Competitive Long-Term IRA CD Rates at Navy Federal Credit Union - Limited Membership
10/26/09 - 2.60% 30-Month CD at Navy Federal Credit Union - Nationwide but Limited Membership
3/3/09 - 3.25% 6-Month CD at Navy Federal Credit Union
1/24/09 - 4.60% 30-Month IRA CD & 3.50% 6-Month CD at Navy Federal Credit Union
1/14/09 - 3.75% 6-Month CD & 5.10% 84-Month CD Continue at Navy Federal Credit Union
1/1/09 - New CD Rates at Navy Federal Credit Union
10/17/08 - 4.00% 6-Month CD at Navy Federal Credit Union
10/13/08 - 5.10% 5-Year CD at Navy Federal Credit Union
7/28/08 - 4.00% 15-Month CD at Navy Federal Credit Union
5/29/08 - Navy Federal Credit Union Updates - Eligibility and My Recent CD Issues
10/7/07 - Navy FCU Updates - Jumbo CDs and $100 Checking Account Bonus
8/12/07 - Navy FCU's 6% 10-Month CD May Be Ending Early
7/2/07 - 6.00% 10-Month CD at Navy FCU - It's Now Official
6/30/07 - 6.00% 10-Month CD Starts Monday at Navy FCU
5/20/07 - Update on Navy FCU - Money Market Account, CDs and My Experience Joining
2/5/07 - It's Official, 6.00% 15-Month CD at Navy FCU
1/26/07 - 6.00% 15-Month CD at Navy FCU Starting Feb 5th
1/22/07 - 6.25% 84-Month CD at Navy Federal Credit Union
10/27/06 - 6.00% 84-Month CD at a Multi-State CU (Navy Federal)
8/16/06 - Navy Federal Still Offering 6.25% 18-month CD
7/3/06 - 6.25% 18-Month CD at a Multi-State CU (Navy Federal)
4/12/06 - 6.01% 48-Month CD at a CU Open to All

Reviews (103)

53 Years Of Great Service

It is important to read between the lines with many of the negative comments on here. Most were delinquent on accounts. Some didn't understand deposit holds that apply to all banks. I know I have been extremely pleased with the service I've received at NFCU since 1962, and so have all my acquaintances. They do care for military personnel. They are one of the two premier financial institutions serving the military.

Great Place

I don't know about these other people, but I know that all the experiences I have had at Navy Federal have been 5 stars. They answer questions, helped me clean up my credit, are friendly and customer orientated. This institution doesn't charge for your checking or savings accounts, they help you save money, they send account alerts when spending habits change, I can get a new CC or check card right at the branch, no waiting, no costs. They now have a program to get a personalized, prepaid gift card at my branch.....NO CHARGE. I have done the big name banks, they charge for EVERYTHING, and treat you like a criminal for wanting any help. Navy Federal is the best, thank you.

NFCU positively contributes to my financial present and future

Posted by: Ceehj | Aug 1, 2016

I've been a member with Navy Federal since birth. Throughout my banking experience, they've always been willing to help me with questions I've had regarding how I can improve my financial status through their services. Most recently, an associate convinced me to transfer a good chunk of my savings into a Money Market Savings Account, and so far, I've been extremely pleased with the results. NFCU's savings rates beat pretty much all of the competition. They even offer checking accounts with great interest rates! Plus, I can tell that NFCU operates with my best interest in mind, because they offer zero maintenance fees on all of my current accounts. I plan to stick with NFCU for the rest of my life, because I'm convinced that they will continue to provide the best service to me and my family.

Mixed Bag -- Bad Banking But With Great Credit Cards

Posted by: elangoo | Jul 24, 2016

Navy Fed is a mixed bag. Their normal banking is pretty poor (bad policies, mishaps, mistakes, corrections take weeks to get corrected) and while I personally would never recommend anyone get a checking account or loan there, (you're just asking for trouble), they DO offer three things worth looking into if you qualify for membership:

(1) Occasional CD specials (if it's not a special, their rates are only so-so, but a few times a year they come out with pretty good specials. You just have to catch them, they don't seem to let members know.

(2) If you have an IRA CD with them (IRA CDs only), they're one of the few institutions that lets you add funds to it during the term (usually for a few months out of the year). For instance, if you want to make your allowed contribution every year and you have a 5-year CD, you can still do so by adding to it during the allowed months they let you do so (most other places won't let you add to a CD, even if it's an IRA CD).

(3) Credit Cards: one of the few good things about NavyFed. Their cards are all chip enabled, have NO foreign transaction fee, and for rewards cards, you can choose from a rewards card that gives you points (travel/restaurants, etc), or a cash-back VISA card, that gives you 1.5% back on everything across the board (no different amounts for different catagories). The rewards show up within days, and you can immediately put it into your savings account. Not quite totally fee-free as PenFed's Promise VISA card is... and I'm one of those people who pay their card off every month, (so I haven't really noticed how good/bad their policies are for those who don't pay them off every month), but they certainly do have some credit cards worth looking at. (If you want a lower APY, like any institution, don't get a rewards card, get the basic card). I recently changed my main credit card usage from another credit union's VISA to NavyFed's cashback VISA, and have been happy with it, and will keep it as my main card (using it all the time -- a lot) as long as NavyFed keeps the features as they are.

So that's it. A mixed bag. Remember, you don't have to have everything under one roof. Find someplace else for your savings/checking/loan business, but if you want good credit card and CD offerings, NavyFed can be a good place to look.



Health Grade Components

NCUA #5536
Year Chartered1947
Primary Regulator
Profit Margin
Return on Assets - YTD1.5%
Return on Equity - YTD13.03%
Annual Interest Income$1.97B
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$77.83B$69.88B
LoansQ2 2016vs Q2 2015$55.47B$49.74B
DepositsQ2 2016vs Q2 2015$53.42B$47.13B
Equity CapitalQ2 2016vs Q2 2015$8.83B$7.33B
Loan Loss AllowanceQ2 2016vs Q2 2015$1.00B$846.5MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$476.4MM$386.2MM
Real Estate OwnedQ2 2016vs Q2 2015$17.4MM$20.0MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Special 20-Month Certificate 2.00% APY

vjrampello   |  
2.00% APY
20-month term
$20,000 maximum balance
$20 minimum to open
Certificates | Navy Federal Credit Union


Rates for Navy Federal Credit Union are currently being reviewed.


Navy Federal Credit Union has 285 locations. Click to view all Navy Federal Credit Union locations.