Navy Federal Credit Union and Feeding America® Team Up to Fight Food Insecurity (2024)

The credit union is also donating $50,000 to support the nonprofit’s mission in alleviating food security challenges for military and Veteran families nationwide.

VIENNA, VA and CHICAGO, IL (August 19, 2024) – Navy Federal Credit Union and Feeding America, the largest hunger-relief organization in the United States, today kicked off No Plate Left Behind—a nationwide initiative to assist Active Duty servicemembers, Veterans and their families experiencing hunger.

More than 44 million people face hunger in the United States, including 1 in 5 children, and approximately 49 million people turned to food programs in 2022. According to the Military Family Advisory Network’s 2023 Military Family Support Programming Survey, 1 in 5 military families experience food insecurity—increasing to 1 in 4 among Active Duty families.

“Removing barriers for servicemembers, Veterans and their families to access food is a commitment that’s deeply important to us as a military-focused organization,” said Captain Keith Hoskins (USN Retired), executive vice president of branch operations at Navy Federal. “Together with Feeding America, we’re proud to continue advancing efforts to help our military and Veteran community put food on their tables.”

Last year, over $132,000 was raised through No Plate Left Behind—the equivalent of 1.32 million meals1 donated to food banks with large military populations in their service areas. Navy Federal team members also donated more than 3,500 pounds of food to Feeding America and local food banks across the country.

Through October 31, individuals can participate in No Plate Left Behind by donating to Feeding America. For every $5, that’s the equivalent of 50 meals. To get started, visit www.noplateleftbehind.com or scan the QR code on No Plate Left Behind printed materials and digital signs at a Navy Federal branch location. One hundred percent of donations will be provided for unrestricted use toward each food bank's areas of greatest need and to support the Active Duty military and Veteran community in their service areas.

September also marks Hunger Action Month, and the credit union is providing a variety of hands-on ways for all employees to give back to their communities, such as:

  • Setting up collection bins for non-perishable food items on Navy Federal campuses in Florida, Virginia and San Diego.
  • Encouraging employees to wear orange on September 10 (Hunger Action Day) to elevate awareness around hunger issues.
  • Coordinating volunteer opportunities, including food drives and distribution of meals, at local Feeding America partner food banks to help increase impact in local communities across the nation.
  • Hosting in-person or virtual education events to explore hunger challenges facing different communities.

“Each year, our team members dedicate countless hours to supporting local communities where we serve,” said Brandi Gomez, manager of corporate social responsibility at Navy Federal. “Whether through time, treasure or talent, it’s part of our mission to connect employees to causes that mean the most to them and provide multiple avenues, including paid volunteer leave, to give back.”

Through a network of more than 200 food banks, 21 statewide food bank associations and over 60,000 partner agencies, food pantries and meal programs, Feeding America helped distribute 5.3 billion meals to tens of millions of people in need last year.

“We’re excited to have Navy Federal Credit Union continue its support of the movement to end hunger. The No Plate Left Behind campaign, coupled with the enthusiastic support from Navy Federal's employees, brings us closer to an America where no one is hungry,” said Lauren Biedron, senior vice president of corporate partnerships at Feeding America.

For more information on how Navy Federal is joining the fight against food insecurity in the military and Veteran community, visit www.navyfederal.org/campaigns/membership/no-plate-left-behind.

1$1 helps provide at least 10 meals secured by Feeding America on behalf of local member food banks.

Navy Federal Credit Union: Established in 1933 with only seven members, Navy Federal now has the distinct honor of serving 13 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, Veterans, civilian and contractor personnel and their families. Dedicated to its mission of service, Navy Federal employs a workforce of 24,000 and has a global network of more than 360 branches. For more information about Navy Federal Credit Union, visit navyfederal.org. Federally insured by NCUA. Equal Opportunity Employer.

Feeding America: Feeding America is committed to an America where no one is hungry. We support tens of millions of people who experience food insecurity to get the food and resources they say they need to thrive as part of a nationwide network of food banks, statewide food bank associations, food pantries and meal programs. We also invest in innovative solutions to increase equitable access to nutritious food, advocate for legislation that improves food security and work to address factors that impact food security, such as health, cost of living and employment. We partner with people experiencing food insecurity, policymakers, organizations, and supporters, united with them in a movement to end hunger. Visit FeedingAmerica.org to learn more.

Navy Federal Credit Union and Feeding America® Team Up to Fight Food Insecurity (2024)

FAQs

Is Navy Federal using FedNow? ›

In the U.S, at present, instant payments is the province of TCH's network and FedNow. (Some might also count Zelle, the person-to-person network run by Early Warning Services and owned by a group of major U.S. banks. Navy Federal is also on that service.)

What happened with Navy Federal Credit Union? ›

Navy Federal first came under fire about its lending practices in a CNN investigation in December. Crump said while Navy Federal rejected just 23% of White applicants in 2022, the rejection rate rose to 44% for Hispanics, and jumped to 52% for Black mortgage applicants.

What is food insecurity feeding America? ›

Hunger and food insecurity. Food insecurity is when people can't access the food they need to live their fullest lives. There are many causes of food insecurity. But one thing is clear: financial security for everyone is the most effective way to end hunger.

Is Navy Federal Credit Union owned by the government? ›

Member-Owned, Not-for-Profit

We're a member-owned and not-for-profit credit union exclusively serving the military, veterans and their families.

Will everyone have to use FedNow? ›

There are about 9,000 banks and credit unions in the United States, and sign up will happen gradually. It is up to them to adopt the FedNow Service and offer instant payments to their customers.

What banks will not use FedNow? ›

Bank of America, Citigroup, PNC and Capital One Financial, all among the nation's 10 largest banks, still haven't signed on to FedNow, according to the Fed's latest list of participants. FedNow launched last July, promising to speed up transactions for consumers and companies.

What is Navy Federal being sued for? ›

The amended complaint claimed Navy Federal systematically discriminates against African Americans, Latinos, Native Americans and other racial minorities by denying mortgage applications that would have been approved for similarly situated white Americans.

What is the new name for Navy Federal Credit Union? ›

Navy Federal Credit Union Changes Name To Navy, Army, Marine Corps, Air Force, Coast Guard, Space Force, Veterans and Their Families Federal Credit Union. VIENNA, Va. (April 1, 2022) – Navy Federal Credit Union today announced a new name.

Is my money safe with Navy Federal Credit Union? ›

Navy Federal's savings, checking, Share certificates and Money Market Savings Accounts (MMSAs) are insured for up to $250,000. Individual accounts are owned by one member. You are insured for up to $250,000 for combined balances in your Navy Federal savings, checking, Share certificates and MMSAs.

Will there be a food shortage in 2024? ›

2024 is shaping up to be a difficult year when it comes to food shortages. However, the food shortage in 2024 isn't the end of the world, especially if you work with a wholesale food supplier.

How to fix food insecurity? ›

Summary. Food insecurity is linked to negative health outcomes in children and adults, and it may cause children to have trouble in school. Giving more people benefits through nutrition assistance programs, increasing benefit amounts, and addressing unemployment may help reduce food insecurity and hunger.

What is the root cause of food insecurity? ›

Food insecurity may be long term or temporary. It may be influenced by a number of factors, including income, employment, race/ethnicity, and disability. The risk for food insecurity increases when money to buy food is limited or not available.

What's so special about Navy Federal Credit Union? ›

As the largest credit union in the country, Navy Federal serves those who meet its membership requirements with an array of affordable banking options. While there isn't an extensive number of physical locations, its lower loan rates and higher savings interest are attractive draws to many. More than 30,000 free ATMs.

What bank merged with Navy Federal Credit Union? ›

Navy Federal's President & CEO Cutler Dawson says, "The merger with USA Federal Credit Union is a great opportunity for both credit unions as we unite our members, employees and operations."

Can Navy Federal take money out of your account without your permission? ›

You may transfer and/or withdraw funds from your savings account as often as you want. Navy Federal shall have the right, at any time, to require you to give, in writing, not more than 60 days' notice of intention to withdraw or transfer the whole or any part of the funds in your savings account.

Are credit unions using FedNow? ›

Most banks don't offer FedNow yet, but adoption is growing slowly. FedNow is the Federal Reserve's real-time payments network that launched in July 2023. About 470 banks and credit unions have joined the FedNow network as of early February 2024.

What system does Navy Federal use? ›

Navy Federal Credit Union (NFCU), the largest credit union in the US, has tapped Texas-headquartered software provider Oracle for its cloud and account servicing technology.

Is the FedNow program replacing cash? ›

No. The FedNow Service is not a form of currency, so it can't replace cash. It is a payment service available to banks and credit unions interested in real-time services. FedNow, much like Fedwire® and FedACH®, is a settlement system and not related to digital currency in any way.

Who operates FedNow? ›

The FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows eligible depository institutions of different sizes across the U.S. to provide instant payment services.

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