Navy Federal Credit Union Selected for Fortune 2012 List of "100 Best Companies To Work For"
VIENNA, Va., Jan. 19, 2012 /PRNewswire-USNewswire/ -- Fortune magazine announced today that Navy Federal Credit Union has been ranked #95 on their 15th annual list of The 100 Best Companies To Work For. Navy Federal was selected for this prestigious recognition in 2008 and has the distinction of being the only credit union to have ever been selected for the list. The full list and related stories are available online at Fortune.com/Best Companies and in the February 6th issue of the print magazine.
"Service and commitment are a two-way street -- employees take care of our members and we take care of our employees. I've always believed that Navy Federal is a great place to work. I'm proud of our dedicated and talented team members who contribute to making us one of the '100 Best,'" said Cutler Dawson, President/CEO, Navy Federal Credit Union.
The primary criteria for inclusion on the list is whether a company's employees say their organization is a great place to work. Two-thirds of the scoring is based on employees' responses to a randomly distributed survey, which measures the levels of trust, pride, and camaraderie within their workplace. In other words, employees decide what companies are selected for the list. The remaining third is based on an analysis of the company's programs and practices compared with other applicants.
"It is a very special honor to make this list again. Our employees are the heart of Navy Federal and this recognition is a tribute to their commitment and dedication," said Louise Foreman, executive vice president, Human Resources. "Selection as a Fortune 100 Best Company is a tremendous source of pride for our employees and confirms what our employees are telling us, as reflected in this employee comment from our recent Employee Engagement Survey: 'I have been working for Navy Federal for over 22 years, and it's been a great place to be in from day one. From the executives to my peers, in my eyes, we are all proud to be working for a great organization such as Navy Federal.'"
About Navy Federal Credit Union
Navy Federal Credit Union is the world's largest credit union with more than 3.8 million members, 220 branch offices, $47 billion in assets, and more than 8,500 employees worldwide. The credit union serves all Department of Defense military and civilian personnel and their families. For additional information about Navy Federal visit navyfederal.org.
CONTACT: Jennifer Sadler
Phone: (703) 206-3137
SOURCE Navy Federal Credit Union
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