Vienna, Va. (April 4, 2023) - Navy Federal Credit Union has ranked #53 on the Great Place To Work® and 2023 Fortune magazine 100 Best Companies to Work For® list. This is Navy Federal’s 13th time being named to this prestigious list. As the only credit union, Navy Federal has surpassed rigorous benchmarks, establishing itself as one of the best places to work for.
To determine the 100 Best Companies to Work For, Great Place To Work analyzed the anonymous survey responses of more than half a million employees from Great Place To Work Certified™ companies with at least 1,000 workers. Companies also submitted essays describing their efforts to offer generous and innovative support for workers, which were validated against employee survey responses.
"Our team members are the heartbeat that drives our mission,” said Holly Kortright, chief human resources officer at Navy Federal. “We know that our ability to provide superior member service is a direct reflection of our employees feeling that same level of service and support in the workplace. We're incredibly proud of our dedicated workforce and the culture of service our team members foster daily to serve our members."
Making the Fortune 100 Best Companies to Work For list is highly competitive. Survey responses reflect a comprehensive picture of the workplace experience. Honorees were selected based on their ability offer positive outcomes for employees regardless of job role, race, gender, sexual orientation, work status, or other demographic identifier.
“It’s in times like these that the best workplaces separate themselves,” said, Michael C. Bush, CEO of Great Place To Work. “In a challenging economy, many companies reduce investments in their people and scale back goals for diversity, equity, and inclusion. But these companies, the 100 Best, relentlessly pursue a better work experience for every employee, and if anything, double down on the employee experience regardless of title, tenure, gender, or ethnicity. These companies know this is how you increase performance, productivity, and your innovation velocity when your firm needs it the most.”
“Fortune is pleased to have collaborated once again with Great Place To Work to recognize the 100 Best Companies to Work For,” says Fortune Editor-in-Chief Alyson Shontell. “We congratulate all the organizations included in this year’s ranking for creating positive work environments and value for their employees, especially during this period of economic uncertainty.”
In 2022, Navy Federal Credit Union also ranked #55 in Best Workplace for Parents™, #35 in Fortune Best Workplaces for Women™, and #16 in Fortune Financial Services & Insurance™ in addition to the Fortune 100 selection.
About Navy Federal Credit Union: Established in 1933 with only 7 members, Navy Federal now has the distinct honor of serving over 12 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, veterans, civilian and contractor personnel, and their families. Navy Federal employs a workforce of over 23,000 and has a global network of 356 branches. For more information about Navy Federal Credit Union, visit navyfederal.org. Federally insured by NCUA. Equal Opportunity Employer.
About the Fortune 100 Best Companies to Work For®: Great Place To Work selected the Fortune 100 Best Companies to Work For list by analyzing survey responses of over half a million employees who work for Great Place To Work Certified companies with at least 1,000 workers. The survey contained 60 employee experience questions that make up the Great Place To Work Trust Index™. Companies also submitted essays about their workplace benefits and employee support programs, which were validated against employee survey data. Great Place To Work determines its lists using its proprietary For All™ Methodology to evaluate and certify thousands of organizations in America’s largest ongoing annual workforce study. Read the full methodology.
To get on this list next year, start here.
About Great Place To Work®: Great Place To Work is the global authority on workplace culture. Since 1992, we have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Our employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make data-driven people decisions. Everything we do is driven by the mission to build a better world by helping every organization become a great place to work for all.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
About Fortune: The Fortune mission is to change the world by making business better. We achieve that by providing trusted information, telling great stories, and building world-class communities. We measure performance by rigorous benchmarks. And we hold companies accountable. Our goal is to make Fortune a force for good through its second century and beyond. For more information, visit www.fortune.com.
From Fortune. © 2023 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies are registered trademarks of Fortune Media IP Limited. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
From Fortune. © 2023 Fortune Media IP Limited. All rights reserved. Used under license.