Reward & Recognition Programs

Annual Performance Review —
This program recognizes and rewards employees for their performance during the previous year.
Incentive Pay —
This program helps employees to understand and focus on key corporate goals and encourages outstanding teamwork and service. Employees are rewarded based on Navy Federal's success in meeting those goals.
Sustained Superior Performance Award — This award recognizes and rewards employees who have consistently exhibited superior performance throughout the course of the year.
Superior Achievement Award —
This award recognizes and rewards employees who perform substantially beyond expectations on a specific assignment or job function, or for a single one-time special act of service or achievement.
New Horizons Program —
This program recognizes and rewards employees who provide ideas/suggestions that enhance member service, improve employee satisfaction, improve operational processes and/or reduce costs.
Samuel R. Pennestri Memorial Award —
This award is given to one employee each year to recognize devoted and loyal leadership and/or service to Navy Federal as demonstrated throughout an employee's career.
President's Award for Service Excellence —
The President's Award for Service Excellence recognizes employees who have consistently contributed above and beyond what is normally expected in the area of service to members and/or employees during the previous calendar year.
President's Award for Leadership Excellence — This award recognizes exceptional leadership to the organization by those who foster an environment of service and managerial excellence.
Richard Cobb Award for Excellence in Member Service — Each year, the Richard Cobb Award recognizes Navy Federal branch offices or facilities that demonstrated the highest level of dedication to member service.
Service Anniversary Recognition Program — This program recognizes an employee's tenure at Navy Federal Credit Union through the presentation of a nameplate and lapel pin/charm for each 5-year increment. In addition, employees with 10 or more years of service receive a gift at each subsequent 5-year anniversary.
National Association of Federal Credit Unions Quarter Century Awards —
This program recognizes employees who have been involved in the credit union movement for 25 years. Service at Navy Federal and other credit unions are combined to determine when this milestone is achieved.

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Corporate Information Membership Careers Who We Are Our Benefits Reward & Recognition Programs An Award-Winning Workplace Employment Opportunities News Room Download Publications		About Navy Federal > Careers > Reward & Recognition Programs
		Reward & Recognition Programs Annual Performance Review — This program recognizes and rewards employees for their performance during the previous year. Incentive Pay — This program helps employees to understand and focus on key corporate goals and encourages outstanding teamwork and service. Employees are rewarded based on Navy Federal's success in meeting those goals. Sustained Superior Performance Award — This award recognizes and rewards employees who have consistently exhibited superior performance throughout the course of the year. Superior Achievement Award — This award recognizes and rewards employees who perform substantially beyond expectations on a specific assignment or job function, or for a single one-time special act of service or achievement. New Horizons Program — This program recognizes and rewards employees who provide ideas/suggestions that enhance member service, improve employee satisfaction, improve operational processes and/or reduce costs. Samuel R. Pennestri Memorial Award — This award is given to one employee each year to recognize devoted and loyal leadership and/or service to Navy Federal as demonstrated throughout an employee's career. President's Award for Service Excellence — The President's Award for Service Excellence recognizes employees who have consistently contributed above and beyond what is normally expected in the area of service to members and/or employees during the previous calendar year. President's Award for Leadership Excellence — This award recognizes exceptional leadership to the organization by those who foster an environment of service and managerial excellence. Richard Cobb Award for Excellence in Member Service — Each year, the Richard Cobb Award recognizes Navy Federal branch offices or facilities that demonstrated the highest level of dedication to member service. Service Anniversary Recognition Program — This program recognizes an employee's tenure at Navy Federal Credit Union through the presentation of a nameplate and lapel pin/charm for each 5-year increment. In addition, employees with 10 or more years of service receive a gift at each subsequent 5-year anniversary. National Association of Federal Credit Unions Quarter Century Awards — This program recognizes employees who have been involved in the credit union movement for 25 years. Service at Navy Federal and other credit unions are combined to determine when this milestone is achieved.