Navy Federal Credit Union

100 Best Companies 2020-Navy Federal Credit Union
Courtesy of Navy Federal Credit UnionCourtesy of Navy Federal Credit Union

    The world’s largest credit union can take outsize credit for diversity. About 41% of the co-op’s employees identify as a minority—putting it well above the nationwide corporate average. Another attractive number to potential recruits: Navy Federal offers up to a 7% match on 401(k)s, well above the national norm of about 4.7%. “This is a very humanitarian place to work,” one grateful staffer says. Read the Great Place to Work review.

    Company Info

    Rank last year29
    Years on list10
    HQ locationVienna, Va.
    Job openings (as of February 2020)476
    IndustryFinancial Services & Insurance
    Revenue, 2019 or most recent year ($M)$7,972
    Year founded1933
    Type of organizationCooperative
    Number of work sites322


    100% health coverageNo
    Unlimited sick daysNo
    Job sharingYes
    Subsidized childcareNo
    Compressed work weeksYes
    Fully-paid sabbaticalsNo
    On-site fitness/subsidized gymYes
    On-site medical care facilityYes
    Non-discrimination policy includes sexual orientationYes
    Health insurance for part-timersYes
    Sick days for part-timersYes
    College tuition reimbursementYes
    Student loan debt repaymentNo
    Medical facility at all locationsNo


    % Women66.5%
    % Minorities41.9%
    % African-American/Black19.3%
    % Asian10.1%
    % Caucasian/White58.1%
    % Hispanic/Latino9.5%
    % Native American/Alaska Native0.5%
    % Native Hawaiian/Pacific Islander0.8%
    % Two or more races1.7%
    % Unknown ethnicity-
    Date info providedAug. 21, 2019

    Paid Time Off

    PTO limit (days)25
    # Sick days10


    Most common job (for salaried employee)Manager, Branch Office
    Avg. base pay (salaried)-
    Avg. extra compensation (salaried)-
    Total pay for most common job (salaried)$109,092

    Hiring/Staffing (Past 12 Months)

    Full-time and part-time job growth8%
    # of job applicants161,323
    Avg. # of applicants per opening59
    # New graduates hired-