No, Navy Federal Credit Union did not change its name,
IIn a release on March 31, NFCU announced it was changing its name to “Navy, Army, Marine Corps, Air Force, Coast Guard, Space Force, Veterans and Their Families Federal Credit Union,” to bring heightened awareness for service members from all branches of service, veterans, and their families that they are eligible for membership.
According to the release, the name change comes as the credit union estimates 45% of the US is eligible for membership given all active duty from all branches of service and all veterans from all branches of service, regardless of length of service, as well as family members qualify.
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“As a member-owned organization, we’re always looking for ways to demonstrate that we serve the entire military community,” said Pam Piligian, Chief Marketing Officer at Navy, Army, Marine Corps, Air Force, Coast Guard, Space Force, Veterans and Their Families Federal Credit Union in the release.
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“While our origin began with serving service members in the Navy, we have a proven history of sharing the benefits of membership with every branch of service. This name change is intended to make it abundantly clear that all servicemembers, veterans, and their families can join our credit union family.”
Service to the military community is central to the credit union’s mission. This change will ensure that everyone understands the wide-reaching eligibility for so many individuals in the US.
“We’re excited for this historic moment and look forward to continued support of the military community,” added Piligian.