STATEMENT from America's Credit Unions on Navy Federal Credit Union

“We commend Navy Federal for proactively undertaking an independent analysis to take a hard look at their internal practices and data, and hearing concerns raised by lawmakers and other stakeholders. Navy is one of the nation’s top lenders in terms of the percentage of its mortgage loans originated to borrowers in the Black community. America’s Credit Unions and the industry as a whole are committed to providing safe, affordable financial products and services to all. Navy is making clear its continued commitment to its members by establishing an Office of Financial Opportunity. We will continue to support efforts to identify gaps in financial services and work toward solutions to accomplish this mission.”

​– Carrie Hunt, America’s Credit Unions Chief Advocacy Officer

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