Welcome to Navy Federal (2024)

FAQs

Can I invite a friend to join Navy Federal? ›

As a Navy Federal member, you can share membership with your friends and family members. Eligible family members include your spouse, parents, siblings, grandparents, children, stepchildren and grandchildren.

Family Members of Current Navy Federal Members: If you have a family member who is already a member of Navy Federal Credit Union, you may be eligible to join. Family members include parents, grandparents, spouses, siblings, children (including adopted and stepchildren), and household members.

Is my family eligible to join Navy Federal? Immediate family and household members (including roommates) of current Navy Federal members are eligible to join.

Navy Federal Credit Union may approve you for a personal loan the same day you apply or within 3 - 10 business days, depending on how quickly NFCU can verify your information. After your application is approved, you may receive your funds by electronic bank transfer as soon as the same day you accept the offer.

Your immediate family and household members are also eligible. To join, apply online, stop by a branch to apply in person, or give us a call. You'll need your personal information and a method to fund your account.

Can I join the Army with my friends? Yes, you can join with up to four of your friends through the Buddy Team Enlistment Option. All friends will need to enlist on the same day and agree to the same Army job.

So you're thinking of joining Navy Federal Credit Union? Good news. If you're a servicemember, veteran of any branch of the armed forces or a Department of Defense employee, then you're eligible to join. Your immediate family and household members are also eligible.

Navy Federal is better for in-person banking, with 350 branches worldwide compared to just four financial centers operated by USAA. That said, USAA's network of over 100,000 preferred ATMs with up to $10 in refund per statement cycle for non-preferred network ATMs is larger than Navy Federal's 30,000+ fee-free ATMs.

Navy Federal values and celebrates diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.

Navy Federal says its loans are available to borrowers across the credit spectrum, including borrowers with bad credit or thin credit histories, and there's no minimum credit score requirement. You must be a member of Navy Federal to apply. Here's what you need for your application: Desired loan amount and term.

Does Navy Federal verify income? ›

Navy Federal Credit Union may verify income by requesting financial information like pay stubs, bank statements, or W-2 forms. In other cases, they'll just use credit report information.

No, Navy Federal does not give instant approval, but applicants could be approved the same day. If Navy Federal Credit Union needs to verify any of your information, the approval process may take a little longer, but you can expect to get the funds the same day you're approved and you accept the offer.

Navy: In the Navy you can join with up to four of your friends (same gender). You can go through recruit training with these friends and even get assigned to the same station after training.

The student applies as the primary borrower, and parents, a family member or a friend with good credit can apply as a co-signer to potentially help get a lower rate and increase the chance of loan approval.