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I have a question for the forum. It seems like there is an inordinate amount of people on this board who are members on NFCU, with more reporting joining near-daily. I'm just curious how so many people are getting membership. Do we have that many military/military families/DoD employees here? Doesn't seem like laws of large numbers support so many of them members here being in that group. And I know there were people who go tin through the loophole when it was open. Just like to know if there is something I'm missing.
It may seem like a lot of people overall are getting into Navy, and perhaps that's true, but you have to remember the MF community represents just a small portion of the US population. ![]()
Also, it does seem there are quite a few members with military affiliation, along with those who joined via the backdoor Navy league loophole. In some cases, members got in through the roommate method.
@SouthernCredit wrote:I have a question for the forum. It seems like there is an inordinate amount of people on this board who are members on NFCU, with more reporting joining near-daily. I'm just curious how so many people are getting membership. Do we have that many military/military families/DoD employees here? Doesn't seem like laws of large numbers support so many of them members here being in that group. And I know there were people who go tin through the loophole when it was open. Just like to know if there is something I'm missing.
What's the basis or analysis for this? Does it mater in the context how NFCU does business?
As mentioned upthread, plenty of members have joined because they have family members and/or relatives who are/were in the military or met NFCU's membership guidelines, plain and simple. Before veterans were included in the scope of membership eligibility, I remember looking into the NAVY League option, but I waited too long and then that avenue evaporated
Once they opened their doors to veterans, I was able to join.
@FinStar wrote:
@SouthernCredit wrote:I have a question for the forum. It seems like there is an inordinate amount of people on this board who are members on NFCU, with more reporting joining near-daily. I'm just curious how so many people are getting membership. Do we have that many military/military families/DoD employees here? Doesn't seem like laws of large numbers support so many of them members here being in that group. And I know there were people who go tin through the loophole when it was open. Just like to know if there is something I'm missing.
What's the basis or analysis for this? Does it mater in the context how NFCU does business?
As mentioned upthread, plenty of members have joined because they have family members and/or relatives who are/were in the military or met NFCU's membership guidelines, plain and simple. Before veterans were included in the scope of membership eligibility, I remember looking into the NAVY League option, but I waited too long and then that avenue evaporated
Once they opened their doors to veterans, I was able to join.
It doesn't matter at all - just a curiosity.
@SouthernCredit wrote:I have a question for the forum. It seems like there is an inordinate amount of people on this board who are members on NFCU, with more reporting joining near-daily. I'm just curious how so many people are getting membership. Do we have that many military/military families/DoD employees here? Doesn't seem like laws of large numbers support so many of them members here being in that group. And I know there were people who go tin through the loophole when it was open. Just like to know if there is something I'm missing.
Generally if you have close relatives who have been in the military, you qualify. E.g., a parent or grandparent, living or deceased, who was a veteran would qualify you.





























I got in when I took a 13 week summer camp. Must have forgot I was there because I stayed for 16 years.
























Only about 0.5% of Americans are currently in the military, but if you include all those who have served the number increases to 7%. If we include people who have an immediate family member who is a vet, that jumps to 77% among Americans who are 50 and older. This is largely due to the draft -- these are children of Vietnam War vets. This percentage drops steeply in younger age cohorts, as the country shifted to voluntary service (57% in those 30-49, 33% in those 18-29), but Navy Fed allows the grandchildren of those who served to become members. So that 57% is likely to be close to 77%, and the 33% is likely to be close to 57%.
In other words, it's a safe bet more than 2/3rds of people in the country qualify for membership with Navy Fed.
The data is all from a Pew Research poll in 2011:
@Anonymalous wrote:Only about 0.5% of Americans are currently in the military, but if you include all those who have served the number increases to 7%. If we include people who have an immediate family member who is a vet, that jumps to 77% among Americans who are 50 and older. This is largely due to the draft -- these are children of Vietnam War vets. This percentage drops steeply in younger age cohorts, as the country shifted to voluntary service (57% in those 30-49, 33% in those 18-29), but Navy Fed allows the grandchildren of those who served to become members. So that 57% is likely to be close to 77%, and the 33% is likely to be close to 57%.
In other words, it's a safe bet more than 2/3rds of people in the country qualify for membership with Navy Fed.
The data is all from a Pew Research poll in 2011:
See, this is the numbers breakdown I was hoping someone could provide - thanks for that. Makes a lot more sense in that context, as that is more reprepsentative of what I also see on this forum.
2.8 million people work for DOD either through the military or as a civilian, each of them are entitled to join in their own right and then can invitie their spouses, children, parents, etc. Also if you had a parent, grandparent, sibiling or spouse who served in the military or who currently work for DOD they can also join. Navy has around 10 million members out of an American population of 330 million so it's still a small footprint overall.
@FinStar wrote:
@SouthernCredit wrote:I have a question for the forum. It seems like there is an inordinate amount of people on this board who are members on NFCU, with more reporting joining near-daily. I'm just curious how so many people are getting membership. Do we have that many military/military families/DoD employees here? Doesn't seem like laws of large numbers support so many of them members here being in that group. And I know there were people who go tin through the loophole when it was open. Just like to know if there is something I'm missing.
What's the basis or analysis for this? Does it mater in the context how NFCU does business?
As mentioned upthread, plenty of members have joined because they have family members and/or relatives who are/were in the military or met NFCU's membership guidelines, plain and simple. Before veterans were included in the scope of membership eligibility, I remember looking into the NAVY League option, but I waited too long and then that avenue evaporated
Once they opened their doors to veterans, I was able to join.
Funny story! I joined via the Navy League option even though I have brothers that were in the military. Now I work there so I would have gotten in eventually but imagine that in my situation when I joined via navy league all of my immediate family members or household members would have been eligible regardless of military affiliation. My branch specifically specializes in veterans in our specific market too. 😁