Navy Federal Credit Union
Navy Federal Credit Union

Message from the President

Cutler Dawson, President/CEO

2014 is rolling, and so are we. In fact, we have experienced tremendous growth in the first half of the year. Thanks to the support of members and the hard work of our 12,000 employees worldwide, we're performing at the top of the industry.

Every area of the credit union reflects this stellar performance. Navy Federal is now over five million members strong. Because of the trust you continue to place in us by referring your friends and family to Navy Federal, we're able to celebrate this huge milestone, along with a record number of new members coming to us this year. At over $60 billion in assets, we stand stronger and more solid than ever.

Members have been taking up loan offers at a record pace. We just had our biggest month in the history of the credit union for new consumer loans, capping a 28-month streak of increased loan growth. You've also come to us for more new credit cards than ever before over the last quarter. This lets us know we continue to bring real value to you and your families while helping you achieve your goals.

As we grow, we're expanding our facilities and operations to ensure that you continue to receive the same great service as always. This summer, we're celebrating the opening of our 250th branch location, just one of several new branches we have planned in the coming year. The properties we just purchased at our headquarters location in Vienna, Virginia, will allow us to bring on new team members. And we're excited to hire 1,500 new employees at our operations in Pensacola, Florida, within the next three to five years.

As you can see, Navy Federal is indeed on a roll. Thank you for doing your part to have already made 2014 one of our best years ever.

Cutler Dawson

  • Mortgages5/5 ARM as low as+
  • Auto Loansas low as+
  • Certificatesas high as
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