Navy Federal Credit Union 2010 Annual Report Download

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Please find the complete 2010 Navy Federal Credit Union annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Table of contents

  • Page 1
    Navy Federal Credit Union h 2010 Annual Report

  • Page 2
    VisioN stAtemeNt Navy Federal Credit Union will perform with such excellence that all present and potential members will choose Navy Federal as the preferred source for their primary lifetime financial services.

  • Page 3
    ..., Navy, Air Force, DoD, and their families-with products and services that meet the unique needs of their lifestyles, worldwide access to their accounts, and a commitment to delivering exceptional member service. Financial Highlights as of December 31 Dollars in millions Assets Loans Outstanding...

  • Page 4
    ... AB Navy Federal Credit Union ASIA Okinawa Camp Courtney Hong Kong Camp Foster Camp Hansen Camp Kinser Camp Schwab Futenma BRANCHES WORLDWIDE 212 EUROPE Spain Rota Italy Naples Sigonella Greece Souda Bay Guam Singapore Diego Garcia Bahrain 2 Navy Federal Credit Union 2010 Annual Report...

  • Page 5
    ...low mortgage rates. Members had more branch access with the opening of 14 new branches. Of these, 10 are located near Army and Air Force installations. We are particularly proud of our new location inside the Pentagon. Navy Federal now has a total of 212 branches worldwide. Our improved service also...

  • Page 6
    ... merged with USA Federal Credit Union in San Diego, CA, which added 45,000 new members and 19 new branches in Korea, Japan, and San Diego. 3 Stateside, we opened 14 new branches including one at the Pentagon. By year-end, we had 212 branches worldwide, many located on or near military installations...

  • Page 7
    ... our new Auto Buying service in December. 4 We introduced Navy Federal's most convenient branch with the launch of our iPhone® application in mid-2010. Now, managing personal finances is just a tap away. By the end of the year, nearly 170,000 applications were downloaded. 5 From small start-ups...

  • Page 8
    ... accounts including Active Duty Checking®, which features ATM rebates 4 Navy Federal Online e-mail alerts for posting of direct deposit, account balances, and statement availability 4 Single toll-free number introduced for access to all services 2002 4 Account Access Number introduced 4 Closed...

  • Page 9
    ... Board Terry J. Benedict Stanley D. Bozin Kenneth R. Burns First Vice Chairman Bruce B. Engelhardt Second Vice Chairman Grisell F. Collazo William P. Mizerak Cutler Dawson Treasurer Frank Thorp IV Secretary Joseph P. Mulloy Henry J. Sanford 12 Navy Federal Credit Union 2010 Annual Report...

  • Page 10
    ... audit of the credit union's year-end financial statements. PwC's year-end audit, The Report of Independent Auditors, appears in this Annual Report. Acting as your ombudsman, the Supervisory Committee assures that all Navy Federal members are heard by maintaining open communication with them...

  • Page 11
    ... ...1 Financial Strategy ...2 Membership ...3 Planning ...4 Retirement Program ...5 Supervisory ...6 Insurance sold through licensed Insurance Representatives of various companies. Products offered through Navy Federal Brokerage Services, LLC (NFBS) and Navy Federal Asset Management, LLC (NFAM...