Jan
17
Navy Federal Credit Union to Invest $100M in Virginia
ByThe expansion is expected to bring 1,400 new jobs to the state.
Cutler Dawson, Navy Federal president & CEOWinchester, Va.—Navy Federal Credit Union will invest $100 million to expand its operations center in Winchester, Va., doubling the firm’s employee-count and physical square footage in the area.
“This Virginia-headquartered company’s growth and investment over nearly 40 years is an incredible testament to our unparalleled business environment, infrastructure and top-notch workforce,” Governor Terry McAuliffe said in a prepared release. “An expansion of this magnitude is transformational for Frederick County and for the Commonwealth, as Navy Federal is a critical partner providing good-paying job opportunities for thousands of hard-working Virginians.”
It’s believed the expansion will result in the addition of approximately 1,400 new jobs in the state…
