VIENNA, Va.–Navy Federal Credit Union said it has added a number of enhancements to its checking accounts.
The suite of checking accounts comes with features to “equip members with a personalized banking experience to support their financial journey and spending,” according to Navy Federal.
The Offers
The world’s largest credit union said key elements include:
- The opportunity to build or improve your credit history with Bloom+,f rom Bloom Credit, a cash flow reporting and credit data infrastructure platform
- Free credit score monitoring and goal setting tools with Mission: Credit Confidence® Dashboard
- My MakingCents, a free money management tool that can track spending, help create a budget, monitor credit scores and view all accounts and investments (including at other FIs).
- Direct deposit
- Zelle money transfers
- No NSF fees (checking protecting options are available)
- Fraud protection
Finances ‘On the Go’
“Navy Federal continues to understand and adapt to the unique financial challenges members are facing, especially when it comes to managing their finances on the go,” Pete Amstutz, senior vice president of savings and membership, said in a statement.. “These new features demonstrate our commitment to delivering flexible and reliable banking solutions that meet the evolving needs of our members, no matter where they are in the world.”’
One Particular Benefit
Navy FCU highlighted the Bloom+ service, which it said facilitates the “seamless reporting of non-traditional payments to a major credit bureau, such as utilities and rent, made within a Navy Federal checking account, allowing these payments to factor into their credit score.”