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Navy Federal Credit Union Donates Over 22,000 Toys, a Record Year for its 25th Annual Marine Toys for Tots Drive

Navy Federal Credit Union has partnered with the Marine Toys for Tots Foundation for 25 years spreading holiday cheer. This year, more than 330 Navy Federal branches participated as drop-off sites worldwide, setting record amounts in donations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221228005419/en/

NFCU Lake Montclair branch (Photo: Business Wire)

NFCU Lake Montclair branch (Photo: Business Wire)

“Toys for Tots is fortunate to have a long-time partner like Navy Federal Credit Union,” said retired Marine Colonel Ted Silvester, Vice President of the Marine Toys for Tots Foundation. “Their community service goals align with those the Marine Corps has promoted for over 75 years through our Toys for Tots Program. Navy Federal Credit Union’s support will allow Toys for Tots to deliver hope and the magic of the holidays to children in need in communities throughout the U.S.”

This year, participants in the event surpassed previous years, resulting in record-breaking numbers:

  • Over $33,000 in monetary donations
  • Over 22,000 toys donated
  • 92% of the credit union’s worldwide branch network served as collection sites

Navy Federal’s branches are at the core of the campaign and serve as drop-off locations for toys. Members and employees also had the option to conveniently donate online.

"I’m proud to see how our branch network rallied around Toys for Tots this year, as nearly all of our branches participated,” said Captain Keith Hoskins (USN Retired), Executive Vice President of Branch Operations at Navy Federal. “Our team members embody our core value of championing communities where we serve, which has amplified our successful partnership with the Marine Toys for Tots Foundation."

Toys for Tots isn’t the only way Navy Federal is giving back this holiday season. Navy Federal employees fulfilled wish lists for over 250 local families through its employee-driven Project Neighbors Program. Families were identified in partnership with local school districts and nonprofit organizations near the credit union's operations in Vienna and Winchester, Virginia; San Diego, California; and Pensacola, Florida.

About Navy Federal Credit Union: Established in 1933 with only seven members, Navy Federal now has the distinct honor of serving over 12 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, veterans, civilian and contractor personnel, and their families. Dedicated to its mission of service, Navy Federal employs a workforce of over 22,000 and has a global network of 355 branches. For more information about Navy Federal Credit Union, visit navyfederal.org.

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About Marine Toys for Tots Program: Toys for Tots, a 75-year national charitable program run by the U.S. Marine Corps Reserve, provides year-round joy, comfort and hope to less fortunate children across the nation through the gift of a new toy or book. The gifts that are collected by Marines and volunteers during the holiday season, and those that are distributed beyond Christmastime, offer disadvantaged children recognition, confidence and a positive memory for a lifetime. It is such experiences that help children become responsible citizens and caring members of their community. For over seven decades, the program has evolved and grown exponentially, having delivered hope and the magic of Christmas to over 281 million less fortunate children. Now, in our 75th year, the Marine Corps Reserve Toys for Tots Program also provides support year-round to families experiencing challenges and exceptional circumstances, thus fulfilling the hopes and dream of millions of less fortunate children nationwide. The Marine Toys for Tots Foundation is a not-for-profit organization authorized by the U.S. Marine Corps and the Department of Defense to provide fundraising and other necessary support for the annual Marine Corps Reserve Toys for Tots Program. For more information, visit http://www.toysfortots.org/.

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