Navy Federal Credit Union

Navy Federal Credit Union Information

The Navy Federal Credit Union was established approximately 75 years ago as a member owned business to benefit the military, Department of Defense and their families. 

The Navy Federal Credit Union is a not for profit, not for charity, but for service only.  Members are owners, not just "customers" and members control the credit union as each member has one vote. Only Navy Federal members can use the services offered. 

Navy Federal is not for profit so surplus funds return to members as dividends and reduced loan inte...


postedPosted : April 06, 2011 | More commentsComments : 0 | Bookmark and Share



Pentagon Federal Credit Union

Pentagon (PenFed) Federal Credit Union Information

The Pentagon Federal Credit Union or PenFed credit union represents over one million federal employees working for the Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, Veterans of Foreign Wars and more. 

This credit union was established in 1935 and provides services for Americans around the world.  This is a very safe financial institution containing over 15 billion dollars in assets.  PenFed offers mortgages, credit cards, car loans, personal loans, checking accounts and money market options to all of its members.      



postedPosted : April 06, 2011 | More commentsComments : 0 | Bookmark and Share



Federal Credit Union

Federal Credit Union Information

Federal Credit Unions were created in 1934 when President Roosevelt signed the Federal Credit Union Act. Every so often the Federal Credity Union Act is amended to keep the Act relevant and up-to-date.


A Federal Credit Union is a cooperative financial institution that is charted by the federal government and owned by its members. Federal Credit Unions provide its members a safe place to save and borrow money at reasonable interest rates. Credit Union members receive surplus income in the form of dividends.




postedPosted : December 19, 2010 | More commentsComments : 0 | Bookmark and Share

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