Navy Federal Credit Union

Nestled in the heart of New London, Navy Federal Credit Union at 15 Mohegan Ave warmly welcomes military members, veterans, and their families to a trusted financial partner. Open Monday through Friday from 8:30 a.m. to 4:00 p.m., this branch offers convenient ATM services for quick cash withdrawals and balance checks, making everyday banking simple and accessible.
Renowned for providing some of the best auto loans with competitive rates and flexible vehicle financing options, Navy Federal helps you get behind the wheel with confidence. Homebuyers will also benefit from low mortgage loans and refinancing opportunities designed to make owning a home in New London more attainable. Beyond lending, this full-service branch provides personal banking products such as checking and savings accounts built for daily convenience, credit cards packed with rewarding perks, business banking solutions including merchant services and business loans, plus personal loans for debt consolidation.
Experience friendly local service at Navy Federal Credit Union, where your financial goals are our priority. Visit us at 15 Mohegan Ave or call 888-842-6328 today to discover how our top-rated auto loans and mortgage offerings can support your financial journey!

Type of Loan Offerings

home_equity_loans

Home Equity Loans

Program Name
Loan Type
APR
Term
Max Amount
CLTV
Link
home equity
Fixed-Rate Equity Loan
7.34 %
5 Yrs - 20 Yrs
$500,000
100 %
heloc
Home Equity Line of Credit
7.75 % - 18 %
20 Yrs
$500,000
95 %
mortgage_loans

Mortgage Loans

Loan Type
Product Type
Program Type
Rate
APR
Points
Term
Link
CONVENTIONAL
FIXED
15 Year
5.375 %
5.569 %
0.25
15.0 Yrs
CONVENTIONAL
ADJUSTABLE
3/5 Conforming ARM
5.375 %
5.97 %
0.25
5.0 Yrs
CONVENTIONAL
ADJUSTABLE
5/5 Conforming ARM
5.625 %
5.98 %
0.25
5.0 Yrs
CONVENTIONAL
FIXED
30 Year
6.25 %
6.394 %
0.5
30.0 Yrs
JUMBO
ADJUSTABLE
3/5 Jumbo ARM
5.375 %
5.97 %
0.25
5.0 Yrs
JUMBO
FIXED
15 Year Jumbo
5.625 %
5.82 %
0.25
15.0 Yrs
JUMBO
ADJUSTABLE
5/5 Jumbo ARM
5.625 %
5.98 %
0.25
5.0 Yrs
JUMBO
FIXED
30 Year Jumbo
6.5 - 7.625 %
6.646 - 7.968 %
0.5
30.0 Yrs
VA
FIXED
15 Year
5.25 %
5.941 %
0.5
15.0 Yrs
VA
FIXED
30 Year
5.875 - 7.25 %
6.327 - 7.586 %
0.75
30.0 Yrs
CONVENTIONAL
FIXED
15 Year
5.375 %
5.569 %
0.25
15.0 Yrs
CONVENTIONAL
ADJUSTABLE
3/5 Conforming ARM
5.375 - 5.5 %
5.97 - 6.0 %
0.25
5.0 Yrs
CONVENTIONAL
ADJUSTABLE
5/5 Conforming ARM
5.625 - 5.75 %
5.98 - 6.028 %
0.25
5.0 Yrs
CONVENTIONAL
FIXED
30 Year
6.25 %
6.394 %
0.5
30.0 Yrs
JUMBO
ADJUSTABLE
3/5 Jumbo ARM
5.375 - 5.5 %
5.97 - 6.0 %
0.25
5.0 Yrs
JUMBO
FIXED
15 Year Jumbo
5.625 %
5.82 %
0.25
15.0 Yrs
JUMBO
ADJUSTABLE
5/5 Jumbo ARM
5.625 - 5.75 %
5.98 - 6.028 %
0.25
5.0 Yrs
JUMBO
FIXED
30 Year Jumbo
6.5 - 7.625 %
6.646 - 7.968 %
0.5
30.0 Yrs
VA
FIXED
15 Year
5.25 %
5.941 %
0.5
15.0 Yrs
VA
FIXED
30 Year
5.875 - 7.25 %
6.327 - 7.586 %
0.75
30.0 Yrs
personal_loans

Personal Loans

Program Name
APR
Term
Amount
Link
Personal expense loan
8.99 - 18 %
3.1 - 5 Yrs
$50,000
Home improvement loan
8.99 - 18 %
3.1 - 15 Yrs
Debt consolidation loan
8.99 - 18 %
3.1 - 5 Yrs
$50,000
vehicle_loans

Vehicle Loans

Loan Program
Loan Type
APR
Term
Link
Auto
4.09 % - 7.59 %
3 Yrs - 8 Yrs

Introduction

Welcome to Navy Federal Credit Union, located at 15 Mohegan Ave, New London, CT 06320. Established in 1947, we are proud to serve over 14 million members with a commitment to financial wellness and community support. As part of our mission, we offer a wide range of services, including personal banking, auto loans, mortgages, and business banking solutions. At Navy Federal, our total assets have reached an impressive $180.81 billion, with total deposits standing at $2.32 billion. We prioritize the financial health of our members, reflected in our robust net worth of $21.49 billion and ample cash reserves of $2.19 billion. With a dedicated team of over 24,560 employees, we strive to provide personalized service that meets your unique financial needs. While members can visit us at our branch location for all their banking needs, official correspondence should be directed to our mailing address: 15 Mohegan Avenue, New London, CT 06320. Our team is led by CEO Dietrich Kuhlmann and Board President Edward Cochrane Jr., who both share a passion for helping our community thrive financially. Whether you need help with a loan or want to learn more about how we can assist you in achieving your financial goals, we invite you to reach out. Call us today at 888-842-6328 or visit our website at Navy Federal for more information on how we can serve you better. Join us at Navy Federal Credit Union where your financial future is bright!

Branch History & Mission

At Navy Federal Credit Union, we proudly carry a legacy of service and community focus that dates back to our founding in 1947. Located at 15 Mohegan Ave, New London, CT, our branch has become a trusted financial partner for many in the area. With over 14 million members nationwide and assets totaling more than $180 billion, we are committed to providing personalized financial solutions that empower individuals and strengthen communities. Our journey began with a clear mission: to serve those who serve our country. As we grew from humble beginnings, our commitment to military members and their families remained at the core of what we do. Over the years, we have expanded our services to include personal banking options such as checking and savings accounts, auto loans, mortgages, and credit cards ensuring that all our members can access the financial tools they need. While members can visit us at our New London branch for in-person assistance during lobby hours from Monday to Friday, 8:30 AM to 4:00 PM, official correspondence should be sent to our mailing address: 15 Mohegan Avenue, New London, CT 6320. We also offer convenient ATM services for quick cash withdrawals and balance checks. Navy Federal Credit Union is dedicated to maintaining high standards of accessibility and customer service. Our branch is equipped with digital banking options that allow you to manage your finances anytime, anywhere. We prioritize making banking easier for everyone by embracing technology while ensuring compliance with ADA standards. Community outreach is another pillar of our mission. We actively engage with local organizations and support initiatives that promote financial literacy and well-being among residents of New London and beyond. Our partnerships help create a positive impact on the lives of those around us. As we look towards the future, we invite you to join us at Navy Federal Credit Union. Whether you're seeking expert advice on loans or looking for resources to help you save better, we're here for you every step of the way. Experience the benefits of membership today by reaching out via phone at 888-842-6328 or visiting our website at Navy Federal. Together, let's build a brighter financial future!

Branch Location & Accessibility

Accessibility Features

Our location is designed with accessibility in mind, featuring ADA-compliant entrances and ramps to ensure everyone can access our services comfortably. Parking is readily available nearby, making it easy for you to stop by whenever you need banking support.

Operating Hours & Services

We invite you to visit us during our lobby hours from Monday through Friday, opening bright and early at 8:30 AM and closing at 4:00 PM. While you're here, take advantage of our full range of personal banking services including checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and more. Plus, we offer ATM services for quick cash withdrawals and balance checks. If you prefer not to visit in person, feel free to reach out to us at 888-842-6328. Our friendly staff is ready to assist you with any questions you may have. While members can visit us at 15 Mohegan Ave, official correspondence should be sent to our mailing address at 15 Mohegan Avenue, New London, CT 6320. We look forward to welcoming you into the Navy Federal family! Come see how we can help you achieve your financial goals today.

Member Eligibility

At Navy Federal Credit Union, we believe that becoming a member is about joining a welcoming community that supports you in your financial journey. If you're wondering whether you can join us, it's quite simple! Anyone who is affiliated with the military or Department of Defense, along with their family members, can become a part of our family at Navy Federal Credit Union. This means if you're active duty, retired, or even a veteran, we would love to have you on board. Plus, joining brings many benefits such as competitive loan rates and personalized service. Ready to take the next step? You can find all the details on eligibility by visiting this link. It's packed with helpful information to guide you through the process! Once you're ready to open an account, check out our easy-to-follow steps at this page. If you have any questions, feel free to call us at (888) 842-6328. We're here to help! Our branch is located at 15 Mohegan Ave New London Ct 06320, and we look forward to welcoming you into our community soon!

Business Banking & Commercial Services

Merchant Services That Matter

In today's fast-paced world, having reliable merchant services can set you apart. Imagine seamlessly accepting payments from your customers while managing your inventory all with tools tailored for your unique needs. Our merchant services simplify transactions, allowing you to focus on what truly matters: growing your business. Located conveniently at 15 Mohegan Ave New London Ct 06320, New London, CT, we're here to assist you in every step of your business journey. Connect with us today at (888) 842-6328 to learn more about how we can help you thrive!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1,105 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $156 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $227,844,936, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Support

If you're an entrepreneur or small business owner, our Business Banking services are here to support you. From Merchant Services that facilitate transactions to various Business Loans, we understand the unique challenges businesses face and are committed to helping you thrive.

Credit Solutions

Managing debt can be challenging, but with our Personal Loans & Debt Consolidation options, we aim to simplify your financial journey. Need extra funds for unexpected expenses? Our loans come with clear terms and no hidden fees. Plus, check out our Credit Cards with Rewards program which allows you to earn points on purchases perfect for those who love to travel or shop!

Digital Banking Convenience

In today's fast-paced world, having access to your accounts anytime is crucial. That's why we offer robust Online & Mobile Banking solutions. You can easily manage your accounts from anywhere using our mobile app or website. Features include ATM & Cash Withdrawal Services, allowing you to perform basic tasks like withdrawals and balance checks without hassle. Whether you're stopping by for a visit or accessing your account from home, Navy Federal Credit Union makes it easy and convenient for all members. With an ATM available at our branch and hours designed around your busy schedule (Lobby: M - F 0830 - 1600), we strive to be here when you need us. Ready to take the next step? Contact us today at (888) 842-6328 or visit us online at Coast Guard Academy Ct to explore how we can assist you in achieving your financial goals!

Home Financing Made Easy

Homeownership is within reach with our Mortgage Loans & Refinancing services. We know that buying a home is one of the biggest decisions you'll make, so we provide guidance throughout the process. From first-time buyers to those looking to refinance their existing mortgage, our experienced team will help you find the best solution.

Personal Banking Solutions

For everyday banking needs, our Personal Banking options are designed to make managing your finances simple and straightforward. With various Checking & Savings Accounts, you can choose the right fit for your lifestyle, whether you're saving for a vacation or managing daily expenses. If you're considering purchasing a car or need help with transportation costs, our Auto Loans & Vehicle Financing options offer competitive rates and flexible terms tailored just for you.

Digital & Online Banking

Convenient Online Banking

With our 24/7 online banking services available at https://www.navyfederal.org/, you can access your accounts anytime, anywhere. Check your balance, transfer funds, or pay bills all from the comfort of your home or on the go. Our user-friendly platform makes it simple for you to manage your money in real time.

Mobile Banking at Your Fingertips

Stay connected with our mobile application, which offers all the features you need right in the palm of your hand. Whether you're making person-to-person transfers or using mobile payments to simplify your purchases, you'll find that managing your finances has never been easier. At Navy Federal Credit Union, we strive to make banking accessible and straightforward so you can focus on what really matters. Embrace a hassle-free banking experience today!

Secure Features Just for You

Security is our top priority. Enjoy the convenience of electronic signature authorization, allowing you to complete transactions quickly and safely without the need for paper forms. Plus, with e-statements available, you can keep track of your financial activity while reducing clutter in your mailbox.

Financial Strength

Members First

Members' savings are secured through $49,466,729,254 in share certificates and $24,197,620,142 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operations reflect our commitment to efficiency; however, our current net income stands at $0. This does not hinder our ability to provide valuable services to you. We also take pride in having 23,925 full-time employees and 635 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable team.

Reinvestment for Growth

With $399,808,576 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports your financial goals across various sectors with $1.3192E+11 in total loans and leases, including $1,023,510 in used auto loans.

Strong Financial Health

With a net worth of $21,492,783,754, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1181 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trust Built Over Time

Total Share Accounts: 30,809,321, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Navy Federal Credit Union is your trusted partner. Visit us at 15 Mohegan Ave New London CT 06320 or call 888-842-6328 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.*

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $17,423,226,266 in used vehicle loans and $14,784,600,315 in new vehicle loans already helping members get on the road. Whether you're eyeing a brand-new model or a reliable used car, our team is ready to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $227,844,936 provide the capital needed to grow and expand. We are committed to supporting local businesses and providing resources that help them thrive.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $6,343,248,096, make buying or refinancing simple. We provide personalized service to guide you through the process and ensure you find the right fit for your situation.

Refinancing Options

If you're considering refinancing your existing loans, we can help explore eligibility options that might lower your monthly payments or reduce your interest rates. It's always worth checking if you can save money while staying within your financial means. At Navy Federal Credit Union, we strive to make borrowing easy and accessible. Our dedicated staff is here to answer any questions you may have and guide you through our loan products. You can reach us at (888) 842-6328 or visit us at 15 Mohegan Ave New London Ct 06320 in New London, CT. For more information about our services and how we can assist you further, check out our website at https://www.navyfederal.org/. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $30,452,498,817 in loans helping members manage their finances effectively. These cards provide not just purchasing power but also benefits that can help you save on interest and earn rewards.

Loan Aggregator

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