Navy Federal Leads the Pack with $4.5 Million Award

U.S. Postal Service honors Navy Federal with 99.8% error-free rating.

Vienna, Va. (Vocus) October 8, 2009

In recognition of its exemplary partnership with the Northern Virginia District of the United States Postal Service, Navy Federal Credit Union was presented a Mailing Excellence Award for saving the credit union $4.5 million in postage with a 99.8 percent error-free rating.

Navy Federal's dedicated staff of 21 employees mailed 62,450,509 registered, express, certified, flats, and presorted first-class letter mail pieces to 3.3 million members, last year with a savings of $2,841,777. By presorting its mail and adhering to postal guidelines, Navy Federal was able to receive a $4.5 million discount that will be used to support its credit union members.

"We are all honored to be recognized with this award from the Postal Service and are pleased that our collaboration with the excellent business teams has resulted in savings and enhanced services with mutual benefits," said George Eichert, Senior Vice President, Administrative Services. "Our hardworking Mail Operation team does an outstanding job of keeping abreast of industry requirements through its membership in the Northern Virginia Postal Customer Council and the Mail System Management Association."

Navy Federal is the largest first-class mailer in Northern Virginia, processing 80,000 to 100,000 statements each day. Teamwork and camaraderie play a major role in processing mail to members. Despite the department's relatively small size, Navy Federal's Mail Operation staff consistently delivers outstanding service and superior value throughout the organization.

About Navy Federal Credit Union
Navy Federal Credit Union is the world's largest natural person credit union with $40 billion in assets, 3.3 million members, 179 branch offices, and 7,100 employees worldwide. The credit union serves all Department of Defense military and civilian personnel and their families. For additional information about Navy Federal, visit navyfederal.org.

CONTACT:
Estelle Allen
Public Relations
Phone: (703) 206-3828

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Contact Information
Estelle Allen
Navy Federal Credit Union
https://www.navyfederal.org/
703-206-3828

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