We were founded on March 16, 1939 at the Hotel Newhouse in Salt Lake City, Utah. Among the 59 who attended the charter meeting of what was then the Fort Douglas Civilian Employees Credit Union was R.D. (Ray) Hagen, a volunteer who eventually became our first full-time employee (treasurer/manager) and later president and Chief Executive Officer (CEO). The credit union was established in a small office housed in Fort Douglas' Building 207.
Since 1933, Navy Federal has grown from seven members to over eight million members. And, since that time, our mission has remained the same: to serve and enrich the lives of those in the military community.
“Once a member, always a member.” You can leave the military, change employers, move, retire, get married—yet always stay with Navy Federal. Your life is our mission.