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Navy Federal Credit Union Selected for FORTUNE's 2014 List of "100 Best Companies to Work For"

VIENNA, Va., Jan. 16, 2014 /PRNewswire-USNewswire/ -- Navy Federal Credit Union today was named to FORTUNE Magazine's 2014 "100 Best Companies to Work For®" list. This marks the fourth time that the credit union, serving the U.S. Armed Forces, Coast Guard and Department of Defense employees and their families, appeared on the list. It remains the only credit union ever selected for the accolade.    

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"We are so honored by this recognition. Our employees truly connect with our mission of service—it's a culture that they live daily," said Navy Federal Credit Union President/CEO, Cutler Dawson. "To put it in the words of one employee: 'I am proud to work for a company that supports our military and our military families. I feel this adds to the value to what I do, and I feel honored to work here. My dad served, but I did not. Working here allows me to feel that I am making a contribution to our nation by supporting and serving the financial needs of our military families.'"

In the last year, Navy Federal's workforce grew by over 14 percent. More than 11,000 employees work on its three campuses—Vienna, Va., Winchester, Va. and Pensacola, Fl.—and 245 branches worldwide.  "Our employees each bring a unique talent to the organization, but there's a unifying bond," continued Dawson. "We do the right thing, and we do things right—this passion for service translates to our members and the communities we serve." 

Navy Federal experienced a landmark year in 2013 with record growth in new members, loans, deposit accounts and member service satisfaction. Dawson attributes these achievements to the commitment of employees. "We continue to set the standard high and surpass even our expectations. In turn, we reward and recognize our employees by providing opportunities for career advancement, competitive training initiatives, and excellent perks and benefits."

The full list and related stories are available online at www.greatplacestowork.com and in the January 18 issue of the print magazine.

About Navy Federal Credit Union: Navy Federal Credit Union is the world's largest credit union with over $56 billion in assets, over 4.5 million members, 245 branches and a workforce of over 11,000 employees worldwide. The credit union serves all Department of Defense and Coast Guard Active Duty, civilian and contractor personnel and their families. For additional information about Navy Federal, visit www.navyfederal.org.

About Great Place to Work: Great Place to Work® is a global consulting and management training firm specializing in workplace excellence and development of high-trust organizational cultures. Its proprietary research tool, the Trust Index© Employee Survey is taken by over 10 million employees in 45 countries annually. Leading companies worldwide apply its Model® to increase the levels of trust across their organizations and drive business results. Annually, Great Place to Work® produces the annual FORTUNE 100 Best Companies to Work For® list and the Great Place to Work® Best Small and Medium Workplaces list.  Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.

Contact:
Michele Townes
Corporate Communications
Phone: (703) 206-3828
E-mail: michele_townes@navyfederal.org

SOURCE Navy Federal Credit Union

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