The largest credit union in the U.S. is Navy Federal Credit Union.
Key Characteristics of Navy Federal Credit Union
Navy Federal Credit Union holds the distinction of being the largest credit union in the country. It serves a vast membership of more than 13 million individuals. Its extensive network includes approximately 355 branches, which are primarily located in the Northeast region of the United States. This significant branch count even rivals that of some of the largest commercial banks in the U.S. In terms of financial assets, Navy Federal Credit Union manages a substantial sum, with total deposits exceeding $151.4 billion.
To illustrate its scale, here are some key figures:
| Metric | Value |
|---|---|
| Number of Members | Over 13 million |
| Number of Branches | Approximately 355 |
| Total Deposits | $151.4 billion |
This impressive scale solidifies Navy Federal Credit Union's prominent position within the American financial sector.
