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Reply to "Why does Navy Federal Credit Union Pay so much? "
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[quote=Anonymous][quote=Anonymous]OP but surprising they pay so much as a non profit member owned company. Other credit unions pay like a non profit. Navy pays like it is JPMorgan. [/quote] NFCU is “not for profit” not a nonprofit. It’s more than semantics. It’s an actusl distinction. Since they can’t make a profit, the more money they make every year they put back into their employees and other expenses. They are growing and have been hiring a lot of remote employees - in states that are. It near their offices, like NY, Chicago, and charlotte. I think they’re growing and theirs a lot of “banking” talent in those areas. These would be 100% remote and nonmember facing roles. Others who are local go in once per week. If you are local and as high as a VP you’d be expected to go into the office 2 to 3 days a week but I think that depends on the team though.[/quote]
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