Net income of Navy Federal Credit Union 2014-2023
The net income of United State's largest credit union, Navy Federal Credit Union, increased significantly in 2021 after a year of sharp decline in 2020. In the following years, however, there was a notable decrease in the net income of the institution. The credit union's net income was around 2.72 billion U.S. dollars in 2021, which dropped to 1.9 billion U.S. dollars in 2022. In 2023, the credit union's net income was 1.37 billion U.S. dollars.