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Navy Federal Credit Union (or Navy Federal) is an American global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Navy Federal is the largest natural member (or retail) credit union in the United States, both in asset size and in membership.
As of March 2020, the largest American credit union was Navy Federal Credit Union, serving U.S. Department of Defense employees, contractors, and families of servicepeople, with over $125 billion in assets and over 9.1 million members. [5] Total credit union assets in the U.S. reached $1 trillion as of March 2012. [6]
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[5] [6] In some instances, an application is effectively used to dissuade "walk-in" applicants, serving as a barrier between the applicant and a job interview with the person who has the authority to hire. [7] For many businesses, applications for employment can be filled out online, rather than submitted in person.
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Departments of Defense and State and 10 other federal agencies – 34 percent; International military officers – 8 percent; Private sector – 2 percent; Students generally have approximately 20 years of experience in the military or civilian agencies and have proven themselves as very high-level performers at the operational level.
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