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Navy FCU on Schedule to Hire Trust Officers for Florida, Washington

VIENNA, Va. - Nearly a month after its announcement to align with MEMBERS Trust Co., Navy Federal Credit Union is actively interviewing candidates to serve members in Jacksonville, Fla. and Washington and hopes to have trust officers on board in April. A candidate to serve members in the Norfolk, Va.-area...

By Staff Writer | Updated on April 06, 2004

VIENNA, Va. – Nearly a month after its announcement to align with MEMBERS Trust Co., Navy Federal Credit Union is actively interviewing candidates to serve members in Jacksonville, Fla. and Washington and hopes to have trust officers on board in April. A candidate to serve members in the Norfolk, Va.-area is expected to be hired later this year, said Loren Moeller, Navy Federal’s public relations manager. Meanwhile, the credit union’s MEMBERS Trust agency office will open in San Diego on April 1, Moeller said. San Diego was chosen because of its high concentration of members here and a “perceived need” for trust services among active duty and retired military members in the area. Navy Federal has approximately 180,000 members in the greater San Diego area. The credit union serves 2.3 million members and has $20 billion in assets. Its CUSO, Navy Federal Financial Group, currently uses MEMBERS Trust’s parent company CUNA Mutual Group for brokerage service and several insurance products.

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