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.

No. A joint owner shares access to your account but isn't necessarily a member of Navy Federal. To become a member, you or one of your family or household members must have ties to the armed forces, DoD or National Guard.

The Navy Federal credit card approval requirements include a credit score of at least 700 (good credit), in most cases. You might be able to get other Navy Federal Credit Union credit cards with bad credit. You also have to be an NFCU member to apply for one of their credit cards.

You Can Add Your Spouse, Family Member or Anyone You Choose

Navy Federal cardholders can add up to 4 authorized users per card.

Our membership is open to Veterans and their families, too. So, whether your grandparents, parents, siblings, spouse, children or even your grandchildren served, you can join the Navy Federal family. When you become a member, you'll see why we say our members are the mission.

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. To join, apply online, stop by a branch to apply in person, or give us a call.

You may join Navy Federal Credit Union without being in the military, provided you have some connection with the nation's defense organizations. For instance, you could be a civilian who works for the Department of Defense or have a sibling who serves in the U.S. Coast Guard.

Because we're not-for-profit, any surplus funds are returned to our members as dividends, reduced loan interest and improvements to our products and services. That means we have great rates, lower fees and exclusive discounts.

Text, Social security number, Driver's license or government ID, Credit card or bank account and routing number. And when you do join, you can enjoy low fees market-leading rates, member-exclusive discounts, easy digital banking and award-winning service.

What is the minimum in Navy Federal account? ›

Savings Accounts

The Membership Share Savings account is required to join Navy Federal Credit Union and opens the door to our suite of savings products. A $5.00 minimum balance is required to open this account. A Share Savings Account is an additional account a member may open and is also available as an ESA or IRA.

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.

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. Either way, you will also have to meet other Navy Federal Credit Union requirements to be considered for loan approval.

Referring members must be at least 18 years of age and in good standing. Program must be mentioned at the time of joining for account to be credited, and referred individuals must have referring member's name and Access Number. Recruiters are not eligible to refer recruits.

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.

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.

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.