Navy Federal Credit Union (or Navy Federal) is a credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA) of the U.S. federal government. Navy Federal is the largest natural member (or retail) credit union in the world, both in asset size and in membership. As of September 2012, Navy Federal had over $50 billion USD in assets, and over 4 million members.
Read more about Navy Federal Credit Union: History, Membership, Organization, Employees, Services, Competition
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“People run away from the name subsidy. It is a subsidy. I am not afraid to call it so. It is paid for the purpose of giving a merchant marine to the whole country so that the trade of the whole country will be benefitted thereby, and the men running the ships will of course make a reasonable profit.... Unless we have a merchant marine, our navy if called upon for offensive or defensive work is going to be most defective.”
—William Howard Taft (1857–1930)
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—Ronald Reagan (b. 1911)
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—François, Duc De La Rochefoucauld (1613–1680)
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—Rutherford Birchard Hayes (1822–1893)