SNL Financial Announces Partnership with Navy Federal Credit Union, the Largest Credit Union in America

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SNL now serves over 430 credit unions throughout the U.S., including 6 of the top 10 largest credit unions based on assets in the country.

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We are thrilled to add Navy Federal to the expanding network of credit unions that we serve,” remarked Greg Gartland, Managing Director of SNL's Financial Institutions Group

Announced today, SNL Financial has partnered with Navy Federal Credit Union, the largest credit union in the U.S., boasting over 5 million members. In addition to comprehensive industry news and data, SNL will provide Navy Federal with extensive market rate information for more strategic product pricing, demographic data and mapping tools for membership growth, and custom templates for accurate, streamlined reporting to their board and management teams. SNL now serves over 430 credit unions throughout the U.S., including 6 of the top 10 largest credit unions based on assets in the country.

“We are thrilled to add Navy Federal to the expanding network of credit unions that we serve,” remarked Greg Gartland, Managing Director of SNL's Financial Institutions Group. “As our product offerings for credit unions continue to expand, we take great pride in the industry feedback that our unique suite of tools for depository institutions offers just as much value to their business model as it traditionally has for our bank clients. In partnering with SNL, Navy Federal will now be able to contextualize their internal analysis for a greater understanding of the depository market and their position within it—a huge benefit which will help them better serve their members as they continue to thrive as a market leader.”

"Enhancing our analytical capabilities and raising operational efficiency will benefit both Navy Federal and, most importantly, our members," said Alan MacEachin, Navy Federal Credit Union Corporate Economist. "Having efficient access to industry data, performance metrics, and streamlined reports saves us both time and money, which helps us continue to offer the most competitively priced products and services in the nation."

SNL is the only information provider that offers a comprehensive package of credit union and bank industry data, news coverage and analytical tools. Our credit union solutions currently provide credit union financials within 45 days of the reporting period, branch networks and real-time branch network changes, and depository product rates updated weekly. For more information on SNL’s product offerings for credit unions of all sizes, please visit http://www.snl.com/creditunion. You can also email SNLInfo(at)snl(dot)com or call 866.296.3743.

About SNL Financial
SNL Financial is a leading provider of financial information on more than 6,500 public companies and 50,000 private companies in the business sectors critical to the global economy: Banking, Financial Services, Insurance, Real Estate, Energy, Metals & Mining, and Media & Communications. The SNL information service integrates breaking news, comprehensive data and expert analysis into an electronic database available online and updated around the clock. For more information, visit http://www.snl.com.

About Navy Federal Credit Union
Navy Federal Credit Union is the world’s largest credit union with more than $68 billion in assets, 5.5 million members, 270 branches, and a workforce of over 12,000 employees worldwide. The credit union serves all Department of Defense and Coast Guard active duty, civilian and contractor personnel and their families. For additional information about Navy Federal, visit http://www.navyfederal.org.

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Christina Twomey
@SNLFinancial
since: 01/2010
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