The $44 billion Navy Federal Credit Union has been doing some branch makeovers this year, relocating, remodeling and refurbishing branches worldwide while also making plans to add eight new U.S. facilities from Phoenix to Alabama later in 2011.
The fixup project, including one relocation just this week at a Marine base in North Carolina, has also focused on modernizing some structures, adding drive-throughs, making lobby improvements and moving from leased to owned space, officials said.
"Yes, we have six additional branch relocations scheduled this year and moving from leased space to owned space allows Navy Federal to retain more control over its brand," said Della Butler, regional manager for the credit union's Southeast Region. That includes the ability to add drive-through branches.
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