Navy Credit Union Expands

The Navy Federal Credit Union has expanded its membership to include all branches of the military including Navy, Marine Corps, Army and Air Force active-duty, reserve, retirees and guard personnel, and all Department of Defense (DoD) civilians. The credit union also plans on more than doubling the number of branches from 150 to 330 in the next five years with about half of the new branches being stateside in areas with large military populations. All new locations will be off-base because DoD policy limits each base to having one bank and one credit union. The new locations are expected to open by 2012. For more information, visit the Navy Federal Credit Union website.

To learn more about personal finances, visit the Military.com Finance Center.

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