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Financial institutions
LiveCredit unionsUnited States

Navy Federal Credit Union

Navy Federal Credit Union is a privately run financial institution based in Vienna, Virginia, recognized as the largest credit union in the United States by both assets and membership. It serves active duty service members, veterans of the Armed Services, and their families with a broad suite of personal and business banking products. The institution is known for specialized military-focused lending and operates military banking facilities on overseas U.S. bases through a contract with the Department of Defense.

Last verified todayOfficial site
What it offers
  • Users can open various deposit accounts including free checking, business savings, and certificates of deposit with terms ranging from 3 months to 7 years.
  • Members can apply for specialized mortgage products like the Military Choice loan, which offers fixed rates with no down payment or private mortgage insurance.
  • Individuals can manage credit card debt using the Platinum Credit Card, which features promotional 0.99% intro APR offers on balance transfers for 12 months.
  • Active and former military members can access student loan refinancing and business checking services designed for their specific financial needs.
Standout features
Zero-down payment Military Choice mortgagesExtensive CD term options up to 7 yearsRewards-earning American Express cardsNo-fee checking accounts
Fees and rates

While specific fee schedules are not detailed, the credit union offers free checking options and a $250 one-time fee to lower mortgage rates if market rates drop.

Background

Navy Federal Credit Union was founded in 1933 to serve the financial needs of the military community.

What's new
  1. 2026-09-14New profile

    Navy Federal Credit Union added to the directory

    Navy Federal Credit Union is a privately run financial institution based in Vienna, Virginia, recognized as the largest credit union in the United States by both assets and membership. It serves active duty service members, veterans of the Armed Services, and their families with a broad suite of per

    nerdwallet.com
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