Navy Federal Credit Union | Get To Know Us

Benefits

We offer a career, not just a job. We're proud of the robust benefits package we offer to both full- and part-time employees.


Paid Leave

Holidays

10 paid holidays per year

Vacation/Annual Leave

Full Time – 13-26 days per year
Part Time – 6.5-13 days per year
Accruals based on years of service

Sick Leave

Full Time – 10 days per year
Part Time – 5 days per year
Accruals based on years of service

Other Paid Leave

Paid leave for specific types of military and jury duty (full-time and part-time)


Health Offerings

Health Insurance

Comprehensive medical coverage, catastrophic coverage and prescription drug benefits. Choice between a PPO and HMO, depending on location.

Disability Coverage

Fully paid short-term and long-term disability plans

Flex Spending Accounts (FSAs)

Both Medical and Dependent Care FSA

TRICARE Supplemental

Supplemental health benefit plan provided by the Department of Defense for Active Duty and retired military personnel, their families, and survivors

Dental Insurance

Comprehensive dental coverage, including orthodontia

Vision Insurance

Routine vision care coverage offered through an extensive provider network

Life and AD&D Insurance

100% paid. Provides benefits of two times annual salary for Life Insurance and two times salary for Accidental Death and Dismemberment.

Retiree Insurance

Eligible retirees may elect coverage on the Private Exchange

Voluntary Benefits

Pet Health Insurance, Prepaid Legal Services Plan, Supplemental Group Life Insurance, Long Term Care Insurance

  • Wellness Program

    Fitness center staffed by fitness professionals at our larger campuses; on-site exercise classes at our larger campuses; Wellness seminars; Wellness incentive programs

  • Employee Health Services

    On-site health unit at Headquarters, Pensacola and Winchester locations. Nurses are available to provide medical care for employee illnesses and injuries, routine screenings, over-the-counter medications, doctor referral assistance and many other services.


Retirement Plans

Cash Balance Defined Pension Plan

Available to all regular full-time and part-time employees as an employer-provided non-contributory retirement plan

401(k) Savings Plan

Optional defined contribution retirement plan with company match. You contribute pre-tax dollars and choose the fund(s) in which you wish to invest.


Work/Life Programs

  • Employee Assistance Program
  • Social and recreational activities
  • Discount entertainment tickets on amusement parks, movies and local events
  • Classes, seminars and webinars
  • Business casual dress policy
  • Drug- and smoke-free work environment
  • Full-service cafeteria at our large campuses
  • Reimbursement for most child adoption expenses up to $5,000
  • 529 college savings plans

Professional Development

Employees at all levels of the organization have the opportunity to attend employer-sponsored workshops.

Our curriculum includes:

  • workshops covering the following topics:
    • Leadership
    • Interpersonal Communication Skills
    • Emotional Intelligence
    • Workplace Creativity
    • Supervisory Skills
  • graduate-level instruction and executive skill development for those at the supervisor/manager level and above
  • Partners in Performance (PIP)

    An annual performance-based bonus plan

  • Educational Assistance

    We offer the following assistance to full-time employees looking to further their education:

    • Generous financial assistance
    • Scholarship programs for qualifying employees
    • On-site college and university classes at our Headquarters, Winchester and Pensacola locations

Rewards and Employee Recognition

We have many reward programs that acknowledge our employees for their exceptional leadership, service and commitment to our members and our organization. Every year, we recognize our employees' achievements with the following awards:

Sustained Superior Performance Award

Recognizes and rewards employees who have consistently exhibited superior performance throughout the course of the year.

Samuel R. Pennestri Memorial Award

Recognizes and rewards one employee each year for their devoted and loyal leadership and/or service as demonstrated throughout an employee's career.

Service Anniversary Recognition Program

Recognizes an employee's tenure through the presentation of a nameplate and lapel pin/charm for each five-year increment. In addition, employees with 10 or more years of service receive a gift at each subsequent five year anniversary.

Superior Achievement 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.

President's Award for Leadership Excellence

Recognizes and rewards an individual for exceptional leadership to the organization by those who foster an environment of service and managerial excellence.

New Horizons Program

Rewards employees who have developed a new idea or suggestion that has enhanced member service, improved employee processes and/or reduced cost.

Richard Cobb Award for Excellence in Member Service

Once a year, we reward branch offices and a field mortgage office that demonstrate the highest level of dedication to member service.