Navy Federal Credit Union

In the heart of Chesapeake, Navy Federal Credit Union at 508 Bud Dr warmly welcomes military members, veterans, and their families to a trusted financial partner committed to your success. Open Monday through Friday from 9:00 a.m. to 5:30 p.m. and Saturdays from 9:00 a.m. to 2:00 p.m., this branch offers convenient lobby and drive-thru services along with on-site ATM access for quick cash withdrawals and balance checks—making everyday banking easy whether you’re stopping by or on the go.
Known for offering some of the best auto loans in Chesapeake, Navy Federal simplifies vehicle financing with competitive rates and flexible terms designed to fit your budget and get you behind the wheel confidently. Homebuyers also benefit from low mortgage rates and refinancing options tailored to help turn your dream home into reality. Beyond lending, members enjoy personal banking solutions including top checking and savings accounts built for convenience, credit cards loaded with rewarding perks, plus business banking services such as merchant solutions and business loans designed to support local entrepreneurs.
Visit Navy Federal Credit Union at 508 Bud Dr or call 888-842-6328 today to experience friendly, community-focused service in Chesapeake. Discover how our standout auto loans and mortgage offerings can elevate your financial future—contact us for personalized guidance!

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, your trusted financial partner located at 508 Bud Dr, Chesapeake, VA 23322. Established in 1947, our credit union has grown significantly, now serving over 14 million members with a commitment to providing exceptional financial services. As part of the Navy Federal family, we pride ourselves on being a member-focused institution, dedicated to helping you achieve your financial goals. At Navy Federal, we understand that every member's journey is unique. With total assets exceeding $180.8 billion and a robust portfolio that includes over 8 million loans, we are well-equipped to meet your needs whether you're looking for checking and savings accounts, auto loans, mortgages, or credit cards with rewards. We also offer business banking services to help local entrepreneurs thrive. Our leadership team is passionate about community impact. Under the guidance of CEO Dietrich Kuhlmann and Board President Edward Cochrane Jr., our dedicated staff of 24,560 employees works tirelessly to ensure that each member receives personalized service. We believe in building lasting relationships based on trust and reliability. While you can visit us at our branch for face-to-face assistance, feel free to explore our online services at navyfcu.org for convenient banking from home or on the go. If you have any questions or need assistance, don't hesitate to reach out by calling us at 888-842-6328. Join us today and experience the difference at Navy Federal Credit Union where your financial well-being is our priority!

Branch History & Mission

At Navy Federal Credit Union, our story began in 1947 with a simple yet powerful mission: to serve those who serve our country. Over the years, we have evolved into one of the largest credit unions in the nation, providing financial services to over 14 million members. Our branch located at 508 Bud Dr, Chesapeake, VA 23322, stands as a testament to our commitment to the community and our members. From our humble beginnings, we have grown significantly. With total assets now exceeding $180.8 billion, we have built a robust foundation that allows us to offer a wide range of financial products and services tailored to meet the unique needs of our members. Our dedicated team works tirelessly to ensure that each member feels valued and supported in their financial journey. Our mission is clear: we strive to provide exceptional service while fostering financial wellness in our community. We believe that everyone deserves access to quality banking solutions that empower them to achieve their goals. This belief drives us to offer personal banking options like checking and savings accounts, auto loans, mortgage refinancing, and more. We also embrace technology, providing online and mobile banking services for convenient access anytime and anywhere. In addition to our core financial offerings, we are deeply committed to community outreach. We actively partner with local organizations and participate in initiatives that make a difference in the lives of those around us. Our aim is not only to support our members financially but also to uplift the entire community. While members can visit us at 508 Bud Dr, official correspondence should be sent to 508 Bud Dr, Chesapeake, VA 23322 if different from this address. Our branch features an ATM for easy cash access and offers drive-thru banking for quick transactions. Our operating hours are designed with your convenience in mind: Monday through Friday from 9 AM to 5:30 PM and Saturday from 9 AM to 2 PM. Whether you need assistance or want to learn more about how we can help you reach your financial aspirations, feel free to reach out at 888-842-6328. Join us at Navy Federal Credit Union today! Experience firsthand how we can help you navigate your financial future with confidence and care. Your journey starts here!

Branch Location & Accessibility

Accessibility and Amenities

At our branch, we prioritize accessibility for all our members. You'll find convenient parking right outside the entrance, along with ADA-compliant features such as ramps to ensure everyone can access our services easily. If you prefer a quick transaction, our drive-thru banking is available during the same hours as our lobby, making it easy for those on-the-go.

Operating Hours

Our lobby is open Monday through Friday from 9 AM to 5:30 PM, and Saturday from 9 AM to 2 PM. The drive-thru operates under the same schedule, so you can choose how best to manage your banking needs.

Services Offered

Navy Federal Credit Union offers a range of services tailored to fit your financial lifestyle from checking and savings accounts to auto loans and credit cards with rewards. Whether you need assistance with personal banking or business solutions, our dedicated team is ready to help. While members can visit us at 508 Bud Dr, official correspondence should be sent to the same address since it also serves as our mailing address. If you have questions or want to learn more about membership options, feel free to call us at 888-842-6328. We invite you to stop by and see how we can assist you today! Your financial success is our priority at Navy Federal Credit Union!

Member Eligibility

Welcome to the family at Navy Federal Credit Union! Becoming a member is more than just opening an account; it's about joining a community that cares about your financial well-being. If you're living, working, or worshiping in the area, you might already be eligible to join us. We're here for active duty military, veterans, and their families, as well as members of certain organizations and communities. It's easy to check your eligibility simply visit our website at https://www.navyfederal.org/membership/eligibility.html for all the details. Once you've confirmed your eligibility, opening an account is a breeze! You can start the process online or give us a call at (888) 842-6328 if you have any questions or need assistance. We're committed to making banking simple and accessible for everyone in our community. Join us at our branch located at 508 Bud Dr Chesapeake Va 23322, and let's work together towards your financial goals! For more information on how to get started, don't forget to check out the account opening details at https://mymembership.navyfederal.org/#/milestones.

Business Banking & Commercial Services

Commercial 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.

Merchant Services

In addition to loans, our merchant services simplify transactions so you can focus on what matters most growing your business. Imagine having the ability to process payments efficiently while keeping track of sales data all in one place. Our services make it easier for you to serve your customers and manage operations seamlessly. Located conveniently at 508 Bud Dr Chesapeake Va 23322 in Chesapeake, VA, we invite you to visit us or give us a call at (888) 842-6328. Let's work together to build a brighter future for your business!

Comprehensive List Of Services

Business Banking

For our members running businesses, we provide essential services like merchant services and business loans. Whether you're starting a new venture or looking to expand an existing one, our team is here to assist with tailored solutions that foster growth.

Convenient Banking Services

We know convenience matters. That's why we have an ATM available at our location for quick cash withdrawals and balance checks. Plus, our drive-thru banking allows you to handle deposits and withdrawals without leaving your car perfect for busy days when time is of the essence.

Credit Cards

Want to earn rewards while making everyday purchases? Our credit cards with rewards allow you to do just that! You'll enjoy benefits that suit your spending habits while having the peace of mind that comes with using a trusted card from Navy Federal.

Loans and Financing

Life often brings unexpected expenses or exciting opportunities. For those moments, our auto loans and vehicle financing options make purchasing a new car straightforward and affordable. If you're considering buying a home, our mortgage loans and refinancing services can help you find the right fit for your budget. We also offer personal loans for debt consolidation or other needs, giving you the financial freedom to tackle whatever comes your way.

Personal Banking

Whether you're opening your first checking account or looking for ways to grow your savings, we've got you covered. Our checking and savings accounts offer flexibility and convenience, making it easy for you to manage your day-to-day finances. With digital banking features like online and mobile banking, you can access your accounts anytime, anywhere, ensuring that managing your money fits seamlessly into your busy lifestyle.

Your Financial Partner

At Navy Federal Credit Union in Chesapeake, we prioritize making banking as straightforward as possible for you. Our friendly staff is always ready to assist with any questions or concerns you may have about our services. You can reach us at 888-842-6328 during lobby hours from Monday through Friday from 9:00 AM - 5:30 PM and Saturday from 9:00 AM - 2:00 PM. We invite you to visit us at our branch or explore more about what we offer by checking out our website at navyfederal.org. Let us be your trusted partner in achieving all your financial goals!

Digital & Online Banking

Always Available Support

Our 24/7 online banking services ensure that you're never left in the dark about your financial matters. Whether it's day or night, help is just a click away. If you have questions or need assistance, our support team is ready to assist you anytime. In short, digital banking at Navy Federal Credit Union is all about providing you with accessible tools to manage your finances efficiently and securely. Experience the freedom of banking on your terms today!

Key Features of Our Online Banking

With our online banking platform, you have everything you need right at your fingertips. You can check balances, pay bills, and transfer money between accounts in real-time. Plus, our E-Statements feature allows you to view your statements electronically, making it easier to keep track of your finances without the clutter of paper. If you're looking for quick ways to send money, our Person-to-Person Transfers feature lets you send funds directly to friends and family with ease. Whether it's splitting a dinner bill or sending a birthday gift, it's simple and fast.

Mobile Banking Made Easy

Our dedicated mobile application takes convenience a step further. You can perform all the tasks available on our online platform right from your smartphone or tablet. Need to make a payment? It's just a tap away! Plus, with Mobile Payments, you can pay for purchases using your mobile device no wallet required. Security is paramount when it comes to managing your money online. At Navy Federal Credit Union, we offer Electronic Signature Authorization, so you can sign documents safely and securely from wherever you are. This means no more printing, signing, and scanning back documents just straightforward transactions.

Financial Strength

At Navy Federal Credit Union, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to maintaining a solid financial foundation ensures that we can provide the best possible service to you. 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. 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. With $399,808,576 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to lend is robust; with $1.3192E+11 in total loans and leases including $1,023,510 in used auto loans, we're here to support your financial goals across various sectors. Our operational efficiency shines through with a net income of $0, allowing us to keep providing competitive loan rates and solid financial products for our members. 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 and committed team. Total Share Accounts: 30,809,321, showing 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 508 Bud Dr Chesapeake Va 23322 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 choose a brand-new model or a reliable used car, our financing options will get you behind the wheel without breaking the bank.

Business Loans

For business owners looking for capital to grow and expand operations, our outstanding commercial loans totaling $227,844,936 can provide the support needed to take your business to the next level.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We provide Junior Lien 1-4 Family Residential Property loans totaling $6,343,248,096, ensuring you can find a plan that fits your budget and lifestyle.

Refinancing Options

If you're considering refinancing any existing loans or mortgages, our team is ready to help. We'll work with you to explore eligibility options and ensure you receive the most favorable terms available. At Navy Federal Credit Union located at 508 Bud Dr Chesapeake Va 23322, we prioritize your financial well-being. For more information about our loan offerings or to discuss your specific needs with one of our representatives, please call us at 888-842-6328. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Let us assist you in making informed decisions today!

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 come with benefits designed to simplify your spending while providing peace of mind.

Loan Aggregator

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