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Investment helps give credit union movement greater access to fintech solutions

VIENNA, VA  (March 18, 2025) – Navy Federal is today announcing a strategic partnership with the Curql Collective, a collaboration of over 130 credit unions jointly investing in fintech for the benefit of credit unions and their members. The partnership reaffirms Navy Federal’s commitment to supporting the future of the credit union movement.

“Fintech partnerships are essential for providing credit union members with access to innovative experiences and products, which allow them to better manage their finances,” said Aaron Aggerwal, chief lending officer at Navy Federal. 

Navy Federal’s investment aligns with a growing collective of credit unions already participating in the Curql Collective. 

“Credit unions thrive when we work together to drive innovation,” said Nick Evens, president and CEO of the Curql Collective. “Curql is proud to welcome Navy Federal as part of the 130+ credit unions investing together to bring forward fintech solutions that strengthen the credit union movement and enhance member experience.”

By investing in Curql Fund II, Navy Federal joins a credit union-led initiative focused on delivering fintech solutions that enhance lending automation, fraud prevention, cybersecurity, and member experience.

“Providing the best possible service to our members is always our focus at Navy Federal, and we also believe strongly in the value all credit unions bring to their hundreds of millions of members across the world,” added Navy Federal president and CEO Dietrich Kuhlmann. “We’re proud to join the Curql Collective to help advance the goal of removing barriers for credit unions of all sizes and facilitating the implementation of fintech across the industry.”

Navy Federal Credit Union: Established in 1933 with only 7 members, Navy Federal now has the distinct honor of serving more than 14 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. Dedicated to its mission of service, Navy Federal employs a workforce of 25,000 and has a global network of more than 365 branches. For more information about Navy Federal Credit Union, visit navyfederal.org. Federally insured by NCUA. Equal Opportunity Employer.

Curql Collective: Curql, a collective of over 130 credit unions jointly investing in fintech, brings timely solutions to the credit union industry. With over 40 fintech partners in the Collective Portfolio, Curql ensures that technology is designed specifically for credit unions, allowing them to better serve their members and remain competitive in an evolving financial landscape. Visit https://www.curql.com/credit-unions/ to learn more before the window to join closes.