The Navy Federal Credit Union was founded in 1933 and beginning with seven members and know has over 3.6 million members throughout the United States. Navy Federal Credit Union has over $44 billion in assets and $30 billion in lending. Like joining all credit unions there are membership requirements. To join the Navy Federal Credit Union you have to be a member of the US military uniformed, reservist, or associated with the Department Of Defense or related family member. More details are available through e Membership Eligibility Wizard at https://www.navyfederal.org/about/membership-wizard.php
Navy Federal Credit Union has many convenient locations for its members in the United States and access to over 50,000 ATMs in the United State and throughout the world. Major cities with branches in the US include Washington DC, Hampton Roads, VA, San Diego, CA, and Jacksonville, FL. Outside the United States includes locations in Africa, Bahrain, Cuba, Greece, Guam, Hong Kong, Italy, Japan, Korea, Singapore, and Spain.
Navy Credit Union Benefits
The most exciting part of the Navy Federal Credit Union is the benefits and services it provides to its members and families. Membership specials include some of the lowest interest rates on automobiles at 1.99%, 0% credit cards, and specials on home financing for mortgages.
First Time Home Buyers
Navy Federal Credit Union offers First-Time Homebuyer Plus https://www.navyfederal.org/membership-benefits/offers-discounts/first-home-package.php The package includes no down payment required, $5050 cash back when homes are purchased through RealtyPlus and rate matching. This is a pretty amazing deal for first time home buyers. Navy Federal also has an offer that if you find a better rate for your home purchase or refinance that Navy Federal will match the rate or provide $250 after closing.
There are some other very cool discounts that Navy Federal offers its members that can’t be found elsewhere. These are member discounts includes discounted auto insurance from GEICO, free anti virus protection from McAfee, discounts from Equifax, and 20% savings on car rentals from Alamo, Hertz, Enterprise, and National.
Besides savings on products Navy Federal also offers a full portfolio on loans including mortgages, home equity loans, auto boat and motorcycle loans. There is a full host of checking accounts, monet markets, IRAs, debit and credit cards. Navy Federal also has business services and investment and insurance divisions for those members that require those types of services. There is something for everyone at Navy Federal, providing that you are eligible to join. To learn more visit their website at www.navyfederal.com or call1-888-842-6328.