In 1933 seven Navy Department employees founded Navy Federal Credit Union because they wanted a way to help their co-works attain financial success and build financial security. They created a credit union that offered affordable rates and flexible terms. To get started they put their money together and invited others to join.
Navy Federal serves the various needs of enlisted, veteran and Department of Defense, men and women from all branches, to include their family members.
Navy Federal was ranked #1 for customer experiences for multi-channel banks. They continue to go above and beyond by offering a variety of services for all members of their bank. If you meet eligibility requirements you’re able to start a checking and savings account. Create a section for retirement or even education savings. They have credit cards, auto loans personal, and student loans. Looking to snag a leisure vehicle, motorcycle or boat? Navy Federal can help you get started with that as well.
One of their best features is their education options. Learn how to take care of your family finances, use their cost calculator, learn more about Military Life or attend their highly beneficial seminars and events!
How to Join Navy Federal
- Here is how you can become a member of Navy Federal. You must be one of the following:
- Active Duty Member of the Army, Marine Corps, Navy, Air Force, Coast Guard, National Guard or Space Force
- DoD Officer Candidate/ROTC
- Delayed Entry Program (DEP)
- DOD Civilian Employee
- Dod Civilian Retiree
- Dod Reservist
- U.S Government Employee assigned to DoD Installations
- Veteran, Retiree, Annuitants
- Veteran Child, Spouse, Grandparent, Sibling (including adopted and stepchildren)
- Household members
Another way that you can join is that if you have a roommate that is with Navy Federal or who has served/is currently serving. There are no other shortcuts to joining but you can try an alternative credit union such as PenFed (Pentagon Federal Credit Union).
If you like the benefits that Navy Federal has to offer and you do not meet any of the above-listed qualifications we recommend doing your research to find similar Credit Unions that you meet the qualifications for to avoid your account getting closed if you join under false pretenses.
What you Need to Join Navy Federal
- Current home address
- Social security number
- Valid drivers license or government ID
- DoD Papers or Referral Membership ID
- Credit card or bank account and routine number to fund your account (there is a $5 minimum)
If you don’t have these items you may get denied. If you get denied online and you do meet eligibility requirements, try going to a branch in-person to verify your documents. Due to the current circumstances of our economy, you may need to call ahead to schedule an appointment.
Other reasons you may get denies are if your documents aren’t legible, you can always appear your membership as well, but get ready to provide proof with your appeal. If you’re having a hard time finding someone to appeal your membership you can also send them a Facebook Message!
Other Helpful Tips
Contact a Navy Federal Rep to get help with submitting your application via phone. They will tell you what documents they need.
Applying for a membership with Navy Federal can be the first step you take if you’re looking to build your credit, buy a home, or even just get a discount on other services that you use frequently like car rentals. They are highly recommended and have a phenomenal team of customer service representatives to ensure you get all your questions answered so you can start building a better future financially.
If you’re interested in becoming a member at Navy Federal tap here to get started. You’ll love the various discounts you gain access to as well, anything from car insurance, car buying, car rentals to Visa offers and bonuses when you sell your home.