As 2018 comes to an end, we’re taking time to reflect on the past year. This has been a great year full of accomplishments by members just like you. Here’s a couple to celebrate!
We Grew the Navy Federal Family
We reached 8 million members this past year, making us stronger than ever. From 7 members in 1933 to over 8 million today, we’re honored you chose us to help you reach your life’s missions and advance your financial goals.
Our Members Are Saving—Big Time
We know our members are planning for their futures, and we want those futures to be bright. It all starts when we work with you to find the best way to save. On average, Navy Federal members save and earn $250 each year by banking with the credit union.
In 2018, members opened 31,266 First IRA Plans, and Navy Federal credited $1,994,800 toward First IRA bonuses. Whether your goal is short or long term, we’re here with an option to help.
Members who like to bank on the go enjoyed an average of $7.86 in ATM rebates each month. That’s money right back in your pocket. In total, Navy Federal gave back $47M in ATM rebates to members with free Active Duty Checking®, Campus Checking, Flagship Checking and e-Checking in 2018.
We Rewarded Our Members for All the Ways They Spend
Our rewards credit cardholders earned over $212.1M in rewards value and redeemed rewards worth $178,924,916 in total through October 2018. That’s a lot of rewards!
Our Members Found Their Dream Homes
At Navy Federal, our members are the mission. That often means being there for the moments that matter, such as buying a new home.
Over 40,000 members moved into new homes. Since Navy Federal is the 4th largest VA lender, many of these houses became homes for servicemembers and their families. That wouldn’t be possible without our experts in mortgage lending, who specialize in helping Active Duty and veterans get the right homes for the right price.
Cheers to You
We’re proud to be your partner in your financial goals. Thanks for a wonderful year, and we can’t wait to help you reach even more goals in 2019.