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Become a Business Member, Too!

Become a Business Member, Too!

Already a Navy Federal member? You can also apply for a business membership. Get ready for better rates, lower fees and a team of small business pros to help guide you.

Let's Get Startedwith a business membership Not a Navy Federal member? Join today.
Video Transcriptfor Small Business Stories: Toni Burrell

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Text, Small Business Stories. Meet Navy Federal Small Business Owner Toni Burrell.

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I basically grew up just knowing that I wanted to be a hairstylist since I was seven. My grandparents owned their own businesses, and after hearing stories about them being business owners, it just made me want to be a business owner as well. For me, I look at hair as art more than it being just, like, your basic hairstyling process. I had a client who went through chemotherapy and cancer, and after I was given the opportunity to create her a custom enhancement. She basically told her doctor about it and told the other women when she would go to her chemotherapy visits. They loved it because no one really offered that service to them before. The reaction definitely turned into customers. It turned into calls. It turned into emails, everything. I joined Navy Federal initially because of my brother. He's a Marine, and Navy Federal helped me get my business off the ground. My business rep, she helped me out a lot, and since then, they've done everything for me. Being able to help women gain something that they thought they lost forever is a blessing for me. When women come in here, they literally feel different when they leave. Like, they feel really uplifted and motivated. That's a great feeling for me, and it keeps me motivated, and it keeps me passionate about my work.

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Navy Federal Credit Union. Navy Federal dot org. Federally insured by NCUA.

Member Success Story

When it comes to your business, we’re here for more than just offering you exceptional products and services. We're all in on finding new ways to help you grow and thrive. But, you don’t have to take our word for it. See how we helped one small business owner turn her idea for a unique service into a thriving business.

Audio-Described Video

Benefits of a Business Membership—What’s In It for You?

  • 24 /7 account servicing
  • Competitive credit offerings
  • Low fees and competitive dividends
  • Partnerships with top organizations for services like payment processing, payroll and HR
  • Expert help from small business professionals with expertise in Veteran-owned businesses
  • Tailored insurance and other business protection options
  • The full backing of Navy Federal Credit Union

Here's How to Apply

Follow these steps to become a Navy Federal business member.

  1. Gather information before you start the new business membership application.
     
  2. Complete a new business membership application.
     
    • Start the application. Sign in with your personal Navy Federal credentials to access the business membership application. Complete all sections by following the instructions provided throughout the process.
    • Save to come back later if you're unable to complete it. To resume where you left off, sign in within 5 days using your personal Navy Federal credentials. Under the To-Do List section, you can click the Incomplete Application link and select the Continue button.
  3. Upload the required documents.
     
    • Check your To Do list. Sign in with your personal Navy Federal credentials and complete any outstanding tasks shown on your To Do list, according to the instructions provided.
  4. Call us at 1-877-418-1462 within 2 business days after you've uploaded your documents.
     
    • Review your application and documents with our representative. Please be mindful that the review process could take up to an hour. Our representatives are available Monday through Friday, 9 am to 7 pm ET.
    • Be prepared to fund your business membership. Depending on your business type, the minimum amount required to open your business account will be $250–$255. This amount should be available for transfer from your personal Navy Federal account or through a non-Navy Federal debit or credit card.

Frequently Asked Questions

A beneficial owner is any individual who directly or indirectly owns 25% or more of a business entity, and one individual with significant responsibility for controlling or managing the entity.