Does navy Federal do shared branching?

Does Navy Federal Do Shared Branching?

As one of the largest credit unions in the United States, Navy Federal Credit Union offers a range of financial services to its members. One of the benefits of being a Navy Federal member is the ability to access your accounts at over 30,000 surcharge-free ATMs worldwide. But what about shared branching? Does Navy Federal participate in shared branching, and if so, what does it offer to its members?

What is Shared Branching?

Before we dive into whether Navy Federal does shared branching, let’s take a step back and define what shared branching is. Shared branching is a network of credit unions that allows members to access their accounts at other participating credit unions, just as if they were at their own credit union. This means that Navy Federal members can visit a participating credit union, conduct transactions, and access their accounts without incurring any fees or surcharges.

Does Navy Federal Do Shared Branching?

The answer is yes, Navy Federal does participate in shared branching. As a member of the CO-OP Financial Services network, Navy Federal offers its members access to over 5,600 shared branching locations across the United States. This means that Navy Federal members can visit a participating credit union, conduct transactions, and access their accounts without incurring any fees or surcharges.

Benefits of Navy Federal’s Shared Branching

So, what are the benefits of Navy Federal’s shared branching program? Here are a few:

• Convenience: With over 5,600 shared branching locations, Navy Federal members can access their accounts at a location near them, making it easier to conduct financial transactions on the go.
• No Fees: As a Navy Federal member, you won’t incur any fees or surcharges when using a shared branching location.
• Expanded Services: Shared branching locations may offer additional services, such as check cashing, money orders, and more.
• Flexibility: With shared branching, you can access your accounts at a location that is more convenient for you, even if it’s not a Navy Federal branch.

How to Find a Shared Branching Location

So, how do you find a shared branching location near you? Here are a few ways:

• Navy Federal’s Website: You can visit Navy Federal’s website and use their Shared Branching Locator tool to find a location near you.
• CO-OP Financial Services Website: You can also visit the CO-OP Financial Services website and use their Shared Branching Locator tool to find a location near you.
• Mobile App: Navy Federal’s mobile app also allows you to find a shared branching location near you.

Table: Shared Branching Locations

Conclusion

In conclusion, Navy Federal does participate in shared branching, offering its members access to over 5,600 shared branching locations across the United States. This program provides Navy Federal members with the convenience of being able to access their accounts at a location near them, without incurring any fees or surcharges. Whether you’re traveling or just need to conduct financial transactions on the go, Navy Federal’s shared branching program is a valuable benefit for its members.

Additional Resources

• Navy Federal’s Shared Branching Page: www.navyfederal.org/personal-banking/ shared-branching
• CO-OP Financial Services Shared Branching Page: www.co-opfs.org/shared-branching

Frequently Asked Questions

• Q: How do I find a shared branching location near me?
  A: You can use Navy Federal’s Shared Branching Locator tool on their website, or visit the CO-OP Financial Services website and use their Shared Branching Locator tool.
• Q: Are there any fees associated with using a shared branching location?
  A: No, there are no fees or surcharges associated with using a shared branching location as a Navy Federal member.
• Q: Can I use a shared branching location to deposit a check?
  A: Yes, you can use a shared branching location to deposit a check.