Navy Federal Credit Union
RANK
76
On Great Place to Work’s Trust Index survey, Navy Federal Credit Union earned its highest rating in the Justice category. Employees report they are treated fairly and have a sense of belonging at the nonprofit, which holds a spot on the Best Companies list for a 12th year and remains the largest credit union in the world. In an effort to foster an even more inclusive workplace, leadership has shifted from seeking “culture fits” to thinking in terms of “culture adds” when hiring and promoting. This new framing is meant to advance equity by acknowledging the unique perspectives and qualities of each candidate. Flexibility is another key area of focus: Navy Federal offers condensed workweeks and job sharing, among other personalized accommodations. Employees are also eligible for paid time off to volunteer, and the credit union has launched a software system to help match people with service opportunities.
Read the Great Place to Work review.
Courtesy of Navy Federal Credit Union
Company Information
As of 4/4/23
Country
U.S.
Headquarters
Vienna, Va.
Industry
Diversified Financials
CEO
Mary McDuffie
Website
Company Type
Private
Ticker
-
Revenues ($M)
-
Profits ($M)
-
Market Value ($M)
-
Employees
-
Best Companies
Rank last year
59
Years on list
12
Employees (as of March 2022)
20,830
Job openings (as of March 2022)
881
Year founded
1933
Employees and job openings are U.S.-only.
PerksAs of 8/2/2021
100% health coverage
no
Unlimited sick days
no
Telecommuting
yes
Job sharing
no
Subsidized childcare
no
Compressed work weeks
yes
Fully-paid sabbaticals
no
On-site fitness/subsidized gym
yes
On-site medical care facility
yes
Non-discrimination policy includes sexual orientation
yes
Sick days for part-timers
yes
College tuition reimbursement
yes
Student loan debt repayment
no
Medical facility at all locations
headquarters only
DiversityAs of 8/2/2021
% Women
65.6%
% Minorities
40.1%
% African-American/Black
-
% Asian
-
% Caucasian/White
-
% Hispanic/Latino
-
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
-
% Unknown ethnicity
-
Paid Time Off: Full-Time EmployeesAs of 8/2/2021
PTO limit (days)
28
# Sick days
10
Hiring/Staffing (Past 12 Months)
# of job applicants
121,000
Avg. # of applicants per opening
37
# New graduates hired
14
