VIENNA, Va.–Navy FCU, the largest CU in the world, has been listed as the No. 22 company on People Magazine’s first annual “50 Companies That Care” list.
The list seeks to recognize the top U.S. companies succeeding in business, while “demonstrating respect, compassion and concern for their employees, and their communities.” The magazine also named Navy Federal on a list called “Companies Doing Great Things for Veterans.”
“Appearing on this list underscores what we stand for at Navy Federal – we genuinely care about our team members, their well-being, and fostering a strong sense of family,” said Angela Culbertson, executive vice president of human resources at Navy Federal, in a statement. “Navy Federal is all about service, which means really showing up for our members, employees and the communities we serve.”
As part of Navy Federal’s recognition, People highlighted the credit union’s grant program, Dollars for Doers. The program provides monetary grants of $1,000 to the charitable organization of an employee’s choice. The employee must currently be a volunteer with the organization with tenure of at least one year. For the past 15 years, the credit union has granted over $550,000 to nonprofit organizations of all types nationwide through its employees. This year Navy Federal expanded its program both to commemorate the program’s 15-year anniversary, and to accommodate a record-breaking number of employee requests. Moving forward, the program will distribute 100 grants, for a grand total of $100,000 in donations yearly.