Market Overview

Navy Federal Earns "Credit Union of the Year" for the 12th Consecutive Year


U.S. Navy Selects Branch Serving Overseas as Best in 2017

Federal Credit Union's
branch located on Camp Lemonnier in Djibouti,
Africa, was named the Department of the Navy's Distinguished Credit
Union of the Year Tuesday during the Defense Credit Union Council's
(DCUC) Annual Conference in Williamsburg, Virginia. This is the 12th
consecutive "Credit Union of The Year" award Navy Federal has received
for one of its branches from the United States Navy.

This press release features multimedia. View the full release here:

Mark Lawton, SVP Regulatory Compliance and Public Policy, Steve Romano, EVP Branch Operations, Lieut ...

Mark Lawton, SVP Regulatory Compliance and Public Policy, Steve Romano, EVP Branch Operations, Lieutenant General Mark A. Brilakis, Annette Nieves, AVP Business Relationship Management, Cutler Dawson, President/CEO, and David Jones, Regional Manager Branch Operations. (Photo: Business Wire)

"This is one of our most unique branches, literally serving on the
frontlines in Djibouti," said Jeffrey Johnson, the Navy Federal branch
manager. "Whether we are overseas, or in the U.S., our goal is to always
provide our members with the best possible experience and help them
achieve their financial goals. This recognition is a testament to that

Navy Capt. Nancy S. Lacore, Commanding Officer of Camp Lemonnier,
nominated the branch for the distinguished award. In her nomination
package, Lacore pointed out that over 2,500 servicemembers were
positively impacted by the education that Navy Federal provided
throughout 2017.

Additionally, Lacore recognized the Camp Lemonnier branch for the
following efforts:

  • Navy Federal provided Blended Retirement System training, as well as
    other financial literacy education, to roughly 500 Marines that were
    temporarily placed at Camp Lemonnier.
  • When the Personal Finance Management position with Fleet and Family
    was vacant in 2017, Navy Federal stepped up to make sure there were no
    gaps in financial education.
  • Provided emergency loan services to servicemembers who were impacted
    by Hurricanes Irma, Harvey and Maria.

"We are proud of the relationship we have built with Camp Lemonnier,"
said Johnson, "and this award only motivates our team to continue
providing exceptional service."

About Navy Federal Credit Union: Established in 1933 with only
seven members, Navy Federal now has the distinct honor of serving over 8
million members globally and is the world's largest credit union. As a
member-owned and not-for-profit organization, Navy Federal always puts
the financial needs of its members first. Membership is open to all
Department of Defense and Coast Guard Active Duty, veterans, civilian
and contractor personnel, and their families. Dedicated to its mission
of service, Navy Federal employs a workforce of over 17,000 and has a
global network of 319 branches. For more information about Navy Federal
Credit Union, visit

Federally insured by NCUA. Equal Opportunity Employer.

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