VIENNA, Va.--(BUSINESS WIRE)--Navy Federal Credit Union has been recognized as one of the Fortune 100 Best Companies to Work For® by Great Place To Work® and Fortune magazine in 2024. This marks the credit union’s 13th consecutive – and 14th overall – appearance on the list. Navy Federal is the only credit union featured on Fortune’s annual rankings.
“While our members are the mission, Navy Federal Credit Union’s team members are our heartbeat and the key to our success,” said President and CEO Dietrich Kuhlmann. “It is a tremendous honor for Navy Federal to again be recognized as a Fortune 100 Best Companies to Work For. This speaks to the culture we are continuously working to cultivate, where all team members feel fiercely appreciated, thoroughly cared for, and empowered to contribute to the mission and success of our credit union.”
Fortune 100 Best Companies to Work For is the only national ranking of its kind that focuses on how employees feel about their workplace and remains extremely competitive in its considerations and qualifications. The Great Place To Work Institute matches confidential feedback from employees against HR data from participating companies, compiling responses from 60 statements into its Trust Index™ Survey.
“You can see just how strong Navy Federal’s culture is by the way our team members lift each other up – and seeing that every day in action demonstrates the passion and spirit of our Navy Federal team,” said Holly Kortright, the credit union’s Chief Human Resources Officer.
Data show that companies included on this list consistently outperform the market and their competitors on key metrics ranging from employee retention and business innovation to customer satisfaction.
“When people ask about what sets the Best Companies apart from their competitors, it’s one key ingredient: trust,” said Michael C. Bush, CEO of Great Place To Work. “When employees trust their leaders, their colleagues and the organization, they become empowered to reach their full potential.”
In addition to the Fortune 100 selection, Navy Federal Credit Union also ranked as a Best Workplace for Parents™, Millennials™, Women™ and was ranked #13 on the list of Best Workplaces in Financial Services & Insurance™ in 2023.
About Navy Federal Credit Union: Established in 1933 with only seven members, Navy Federal now has the distinct honor of serving more than 13 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, Veterans, civilian and contractor personnel, and their families. Navy Federal employs a workforce of over 24,000 and has a global network of 355 branches. For more information about Navy Federal Credit Union, visit navyfederal.org.
Federally insured by NCUA. Equal Opportunity Employer.
From Fortune. ©2024 Fortune Media IP Limited All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For® are registered trademarks of Fortune Media IP Limited and are used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
About the Fortune 100 Best Companies to Work For: Great Place To Work selected the 100 Best list by gathering and analyzing more than 1.3 million confidential survey responses representing the experiences of 8.2 million U.S. employees. Organizations are assessed on their efforts to create generous, supportive, high-performance work experiences for every employee in the organization. Companies must be Great Place To Work Certified™ with 1,000 or more employees in the U.S. and cannot be a government agency.
About Great Place To Work®: As the global authority on workplace culture, Great Place To Work brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Its proprietary platform and For All™ Model help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified or receiving recognition on a coveted Best Workplaces™ List.
About Fortune: The Fortune mission is to change the world by making business better. We achieve that by providing trusted information, telling great stories, and building world-class communities. We measure performance by rigorous benchmarks. And we hold companies accountable. Our goal is to make Fortune a force for good through its second century and beyond. For more information, visit http://www.fortune.com.
