Navy Federal Credit Union Honors Servicemembers and Their Families for Military Appreciation Month

The credit union is donating $50,000 to Operation Gratitude to further support volunteerism in the military community

Navy Federal Credit Union is launching special offers and celebratory activities throughout the month of May to honor servicemembers and their families for Military Appreciation Month.

“Creating opportunities to make a positive impact on the lives of military members and their families has been at the heart of what we do for 90 years now,” said Carrie Foran Sepulveda, vice president of membership at Navy Federal Credit Union. “We’re excited to be partnering with Operation Gratitude again this year to further extend our efforts towards making an even greater impact on servicemembers and their families.”

Navy Federal is donating $50,000 to Operation Gratitude as a proud partner in their mission to provide hands-on volunteer opportunities in the military community. Over the last 20 years, Operation Gratitude has sent over 3.8 million care packages with items meant to boost morale and resilience of active-duty servicemembers around the world.

“We’re grateful for the opportunity to support our nation's Armed Forces in meaningful ways during Military Appreciation Month and throughout the year," said Carolyn Blashek, founder and interim CEO of Operation Gratitude. "Thanks to the generosity and partnership of organizations like Navy Federal Credit Union, we not only honor the service of countless heroes, but also enable citizens across America to express their deep appreciation, and say "Thank You" to all who serve.”

During May, Navy Federal members can enjoy exclusive offers, such as:

• $250 bonus cash back for $3,000 spend on the cashRewards card within 90 days of account opening. Plus, earn up to 1.75% cash back on purchases when enrolled in direct deposit at Navy Federal
• Open a 12-month EasyStart^SM or Special EasyStart share certificate and complete three automatic transfers by 8/31/23 to earn a $30 bonus¹
• $200 bonus when refinancing current auto loan from another lender that’s at least $5,000
• In honor of our servicemembers, we’ve lowered our VA Loan rate by 0.25%²

To join the celebrations online, snap a photo of a memento from your time or a loved one’s time in the military, and upload the photo to militarythanks.navyfederal.org for a chance to win $1,000. The deadline to share photos is June 1, 2023.

For more information on the value and benefits of membership, visit navyfederal.org.

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 23,000 and has a global network of 357 branches. For more information about Navy Federal Credit Union, visit navyfederal.org. Federally insured by NCUA. Equal Opportunity Employer.

Operation Gratitude: Operation Gratitude is a nonprofit dedicated to providing people nationwide opportunities for hands-on volunteerism in support of Military, Veterans, and First Responders. In March of 2003, Operation Gratitude sent its first four care packages to deployed service members in Iraq. Since its inception, the organization has encouraged millions of Americans to express their gratitude through hands-on volunteerism, in turn lifting the spirits of more than 3.8 million Deployed Troops, Recruit Graduates, Veterans, Military Families, and First Responders. The Volunteers of Operation Gratitude are a generous and spirited grassroots network of Americans joined in common cause to say “Thank You” to all who serve our amazing country. For more information visit OperationGratitude.com.

¹Offer valid 5/1/2023-6/1/2023. To qualify for the $30 bonus, members must open a new 12-Month EasyStart Share or Special EasyStart Share Certificate between 5/1/23 and 6/1/23 and complete a total of three (3) automatic transfers by 8/31/2023. Primary account holders only. Primary certificate holder must be at least 18 years of age. Share certificates only. IRA and ESA products are not eligible. Navy Federal Business Solutions products are not eligible. A minimum opening deposit of $50 is required at account opening. The qualifying $30 bonus will be credited to the primary owner’s share savings account by 9/30/2023. Example: Members who open a 12-Month EasyStart Share or Special EasyStart Share Certificate on 5/1/2023 must complete at least three automatic transfers by 8/31/2023 and will receive the $30 bonus by 9/30/2023. Members who open a Special EasyStart Share Certificate at the $3,000 maximum balance are not eligible for the bonus since they are unable to fulfill the automatic transfer requirement. Penalties apply for early withdrawals from the certificate, including any earned dividends. Members should consult a tax consultant or obtain legal advice regarding any tax implications related to the dividend. Taxes related to the bonus are the member’s responsibility. Navy Federal does not provide tax advice. Limit one $30 EasyStart Certificate bonus per member access number. EasyStart Certificate Annual Percentage Yield (APY), 12-month term 4.35%, effective 3/6/2023. Special EasyStart Certificate 4.85% APY, 12-month term, effective 3/6/2023. Other restrictions may apply.

² Navy Federal Credit Union reserves the right to change or discontinue promotions or rates at any time without notice.

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