Navy Federal Credit Union BankRank.org
|Number of Complaints||3,399 (161 In Progress)|
|Complaints per $100K of Deposits||—|
|Complaints Resolved in a Timely Manner||99.9%|
|Resolutions Disputed by Customer||4.9%|
|Complaints Resolved in Customer's Favor||89.7%|
|FDIC Certificate #||—|
|Number of Branches||— (— International)|
|Total Equity Held||—|
|Quarterly Net Income||—|
Contact InformationNot Available
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Navy Federal Credit Union is ranked 328th out of 3,648 banks. That puts Navy Federal Credit Union in the bottom 20th percentile and gives them an overall grade of "D". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 3,399 complaints against Navy Federal Credit Union and 1,002,502 complaints total.
Of the 3,399 complaints again Navy Federal Credit Union, there have been 1,402 in the passed 18 months. Of those 1,402 complaints, 89.7% have been resolved in the customers favor, 4.9% have been disputed by the customer, and 99.9% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely".
The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.
Break-down by Financial Product
Grades are also broken down by financial products offered by each institution. Navy Federal Credit Union is graded in 8 categories of financial products they offer. The top 3 categories are Checking or Savings Account, Bank Account or Service and Credit Card.
Navy Federal Credit Union is rated "F" in Checking or Savings Account; "B+" in Bank Account or Service; "D" in Credit Card; "C-" in Debt Collection; "D-" in Mortgage; "D-" in Credit Reporting; "A-" in Consumer Loan; and "D-" in Vehicle Loan or Lease.
Click here to see Complete Navy Federal Credit Union Report Card »
Below is the list of the top 10 complaint reasons against Navy Federal Credit Union. Click here to see all complaints against Navy Federal Credit Union.
|1||Checking or savings account||Checking account||Managing an account||162|
|2||Credit reporting||Credit reporting||Incorrect information on your report||84|
|3||Checking or savings account||Other banking product or service||Managing an account||54|
|4||Credit reporting||Credit reporting||Improper use of your report||41|
|5||Credit card||General-purpose credit card or charge card||Problem with a purchase shown on your statement||40|
|6||Bank account or service||Checking account||Account opening, closing, or management||37|
|7||Bank account or service||Other bank product/service||Account opening, closing, or management||32|
|8||Bank account or service||Checking account||Deposits and withdrawals||31|
|9||Checking or savings account||Checking account||Problem caused by your funds being low||26|
|10||Credit reporting||Credit reporting||Problem with a credit reporting company's investigation into an existing problem||25|