The Fort Meade Credit Union and Navy Federal Credit Union merger is finally official.
The grand opening of the Navy Federal Credit Union on Fort Meade was held Tuesday afternoon. More than 30 people attended the celebration at the facility located at 4471 Redwood Road.
David Jones, NFCU’s regional manager of branch operations, hosted the hourlong ceremony, which featured the cutting of a blue ribbon with silver Navy Federal lettering to represent its colors.
“We’re excited to merge with the Fort Meade Community Credit Union,” said Jones, one of several speakers at the event. “Our three branches in this community are enthusiastic, eager and committed to serving the Fort Meade garrison and surrounding community.”
The two surrounding NFCU locations are in Odenton at 2288 Blue Water Blvd. and 1179 Annapolis Road.
NFCU and FMCCU jointly announced the merger of their operations in July. According to the statement, the business decision should “create opportunities for our members, providing long-term confidence and best-in-class products and services through greater financial resources.”
Among those who attended was Deputy Garrison Commander Andy Albright and Nancy DeDona, senior vice president of branch operations at Navy Federal.
“We’re excited for this opportunity to better serve the 150,000 members located here in Fort George G. Meade and the surrounding areas,” she said.
In addition to the large number of NFCU members and billions of dollars in assets, the Vienna, Va.-based NFCU offers a wide range of products and services to meet the financial needs of NFCU members. NFCU now has 302 branches worldwide.
“Since 1933, Navy Federal has grown from seven members to over 7 million members,” said Central Maryland Chamber of Commerce President and CEO Raj Kudchadkar. “Navy Federal is the most preferred and trusted financial institution serving the military and their families.”
Representatives of Navy Federal were presented with an executive citation signed by Anne Arundel County Executive Steve Schuh.
“I really look forward to the partnership between our Army community and Navy Federal Credit Union,” Albright said.
“I’m going to open up an account when it’s not so busy. I’ll be back.”