Does Navy Federal offer other types of loans?

Yes, Navy Federal also offers business loans, auto loans, mortgages, home equity financing and student loans.

How long do I have to be a member to get a loan?

There's no waiting period between when you start your membership and when you can apply for a loan. However, the longer you're a member, the better rates and terms you could qualify for.

What's the credit score requirement for a Navy Federal personal loan?

Navy Federal Credit Union doesn't have a credit score requirement for its personal loan. It considers several factors when you apply for a loan that include but aren't limited to your credit history. However, you'll likely have a better chance of getting approved if you have at least good credit, which is typically a score of around 670.

Is Navy Federal Credit Union insured by the FDIC?

No. Credit unions are insured by the National Credit Union Administration (NCUA), a federal agency created by Congress to regulate credit unions. Like the Federal Deposit Insurance Corporation (FDIC), NCUA protects individual accounts — up to $250,000 in deposit accounts, like savings, checking, money-market accounts and CDs. The NCUA covers regular shares and share draft accounts that are specific to credit unions.