Navy Fed Low-Key As It Hits $20 Billion In Assets
Navy FCU, the world's largest credit union, became the first credit union to hit the $20-billion mark at the end of November. But the credit union giant, which ended last month at $20.002 billion in assets, is holding off on an official celebration, even as it christens its 100th branch this week in Fredericksburg, Va.
"It's (the milestone) not going to be something we're going to make a big thing out of. It's going to be fairly low key. We prefer to measure success by member satisfaction, rather than size," said Loren Moeller, spokesperson for Navy Fed.
The credit union serves 2.3 million members around the world.