Membership has its Advantages...

Only Navigator Credit Union members are eligible to take advantage of the many services provided exclusively for NCU member-owners. Membership is available to employees and retirees of our corporate sponsor, Northrop Grumman Ship Systems. Individuals are also eligible for Navigator membership if they are a family member of a current member or NGSS employee, NGSS subcontractor of NGSS affiliate.
Family membership extends to those related by birth such as parents, grandparents, children, aunts, uncles or cousins. It also includes those related by marriage such as spouses, in-laws and step-relatives.
Once you’ve determined your eligibility, print an Internet Membership application (found at www.navigatorcu.org) or stop by any of our seven branch locations to complete an application. Our professional, friendly, courteous staff will be happy to assist you with becoming a member. Along with your completed Membership Application, you will need the following to open your Navigator account:
• Social Security number
• Driver’s License or picture identification
• $5 to deposit into your share account
• $10 one-time membership fee (fee is waived for those under 18)
Once you become a member, you’re always a member. You’ll enjoy the privileges of Navigator Credit Union membership as long as you maintain an active account with a minimum $5 Share/ Savings deposit. Even if you change jobs, switch careers, or move your residence, you’ll always be able to take advantage of the outstanding financial products and services available through Navigator Credit Union.

Stop by any of our locations today to fill out a membership application! Our professional, friendly, courteous staff will be happy to assist you.

Legacy of Excellence...

In 1939, one year after Ingalls Shipbuilding began operations in Pascagoula, shipyard workers came together to pool their resources in order to provide financial services that were equally available to everyone. These individuals, who had previously made their living by farming or fishing, now had good jobs paying regular wages. Yet, because of their lack of credit and average incomes, it was still difficult to find anyone who was willing to loan money for household goods and automobiles.
So, on a muggy afternoon in June 1939, under an oak tree on the east bank of the Pascagoula River, the first Board of Directors meeting was held. From this humble beginning, the credit union has grown into a world-class financial cooperative with more than 21,000 member-owners. Throughout our history, we have adhered to the creed that People Are Worth More Than MoneySM. This motto is evident in the lives of our members who have purchased homes, saved for retirement, educated children, planned special events, celebrated new arrivals and experienced the gamut of life’s events with the credit union by their side.
The passing decades have seen incredible changes for both the credit union and our corporate sponsor. One of the most recent changes was the decision of the member-owners to become Navigator Credit Union. This new name, which was effective April 1, 2003, more broadly demonstrates that credit union membership is available to more individuals and families than ever before.
In addition to becoming the largest state chartered credit union in Mississippi, Navigator Credit Union also provides state-of-the-art financial services for members and their families. In spite of the numerous changes and significant growth, most of our members tell us that what we do best is not new—we’ve been doing it for generations—we help people. To that end, we pledge to remain true to our mission of Building a Legacy of Excellence for our Members through Service, Commitment and Substantial Value as we continue to chart the financial course for you and your family.

Owned by our Members...

As a credit union member, you are part owner of an institution that is unique in the financial world. Credit Unions exist solely for the purpose of meeting the financial needs of their member-owners. Navigator Credit Union not only provides outstanding personal service, but also provides such service in a cost-efficient manner.
When you join Navigator Credit Union, your money goes into a common fund. This pooled money is then used to make loans to your fellow members. Earnings over and above operational expenses and reserve requirements are returned to you in the form of lower loan rates, higher returns on savings and better services.
Navigator Credit Union is based on a one member, one vote structure, thus giving members the power to direct credit union policy in an effort to meet member needs. This structure is vastly different from the for-profit sector where stockholders vote according to the number of shares of stock they own.
One distinct feature of Navigator Credit Union is our elected volunteers. They are all members of the credit union and are elected to serve by the members. All members of the Board of Directors, Supervisory Committee and Overview Committee serve without pay, giving many hours of their time and expertise for the benefit of the entire membership.
Another outstanding feature that sets Navigator Credit union apart is safety and soundness. You can be sure your money is safe because our financial strength has been established and maintained year after year. Your confidence can be further strengthened by the knowledge that your savings are federally insured up to $100,000 by the National Credit Union Administration, which has historically been stronger than its sister agency, the FDIC.

Your Full-Service Financial Institution...

National studies consistently show that credit unions generally offer lower loan rates and higher savings rates than banks and other financial institutions. The studies also show that credit unions require fewer fees for services, and when fees are charged, they are lower than those charged by for-profit financial service providers. In a world where services are increasingly conducted through electronic transactions such as ATMs, point-of-sale terminals and audio response services, this difference can add up to big savings.
The number one priority of Navigator Credit Union is service—an area in which credit unions excel. In an annual nation-wide survey conducted by Gallup for American Banker, consumers have chosen credit unions as providing better service than either banks or savings & loan institutions for more than a decade.
Navigator Credit Union membership gives you access to a complete selection of time-saving and money-saving financial services such as interest-bearing checking accounts, high-yield savings plans, competitive consumer loans for home, auto, education, recreational vehicles and computers along with credit cards, check cards and ATM access—-usually at a lower cost or more attractive rate than other financial institutions. The more you use Navigator services, the more you’ll save.

Consumer Lending

Navigator Credit Union offers a variety of affordable loans to meet your borrowing needs. In addition to vehicle and home improvements or purchases, we are also here to help you with other financing needs such as payment of medical bills, vacations, taxes, insurance, car repairs, school expenses, consolidation of debts and personal emergencies.
We are dedicated to helping every member build a better financial world through the wise use of credit. To apply for loan by phone, call 762-3542, press option 5, then enter the requested information using a Touch Tone Phone. If you prefer to speak with someone about your loan, Navigator’s Loan Officers and Member Service Specialists are here to provide personalized assistance with your borrowing needs and to answer any questions about various loans, lending requirements and costs. Call the Member Service Center at (228) 762-3542 or 1-800-344-3281 to get your next loan started.
• Auto Loans (New & Used) - Up to 100% financing. Extended repayment terms. Same rate for new or used cars. Extended Warranty Insurance Available. GAP Insurance to pay the difference between the value and what is owed.
• Asset (Share or Certificate) Secured Loan - Use your savings account or share certificate as collateral for a loan. Allows you to borrow against savings without depleting them. Lowest interest rate available. Declared share dividends + 2.0%
• Credit Life/Disability Insurance - Special insurance that will either make the loan payment if disabled, or pay off the loan in case of death.
• Government Backed Student Loans - Fund undergraduate, graduate or professional study. Stafford Loans are available for members enrolled in an accredited school and taking at least six credits per semester. PLUS Loans are available to parents of students. Parents must first file a Financial Aid Form with the school before applying for this loan. Navigator members can receive a loan to cover the difference between the cost of a college and the financial aid granted.
• Home Equity Line of Credit - Allows you to borrow the difference between what your property is worth and what you still owe on the mortgage. By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please -- even paying off higher interest credit cards or loans!
• Home Mortgage Loans - Whether you are buying a new home or want to refinance your current mortgage for one with a lower rate, come to NCU! We are here to provide you with all the great benefits you've come to enjoy as a credit union member.
• Lifesaver Line of Credit - Offers overdraft protection for the occasions in life when we go overboard with spending. For $2.00, funds are automatically deposited to your account from your line of credit so you never have to worry about bouncing a check again.
• Lines of Credit - Allows you to make purchases by writing a check. You can use to provide overdraft protection for checking and access your line of credit through the ATM, by ’N Touch Audio and ’N Touch Web.
• Other Loans - Boat/RV Loans. Construction Loans. Personal Computer Loans. Second Mortgage Loans. Signature Loans. Unimproved Land Loans.
• VISA Credit Card - Offers a very competitive fixed annual percentage rate with no annual fees, 25-day grace period, and Cash Back Bonus rebate on purchases.

Electronic Services

In today’s fast-paced world, you need all the help you can get to manage your finances. That’s why Navigator Credit Union offers leading-edge electronic services and other financial conveniences that help you make the most of your money.
• ’N Touch provides members with 24-hour account access and loan submission to the credit union. To select the method that works best for you, select one of the following:
• ’N Touch Audio - With a touch-tone phone, access your accounts to check balances, transfer funds, track your cleared checks, deposits, withdrawals and more.
• ’N Touch Web - Home banking provides free 24-hour account access. Use your computer to securely access your account to check balances, transfer funds, view your transaction history, track your cleared checks and review your monthly statements. Navigator has also partnered with the United States Postal Service to provide members with free bill pay services.
• ’N Touch Loan - Allows you to securely apply for a loan any time, day or night from your computer! You can also track your loan’s progress. Electronic deposits of the loan amount can be made directly to your account.
• Anchor Lines newsletter provided quarterly to bring you the latest rates, promotions and credit union offerings.
• Automatic Teller Machines allow you to use your Pas-Port ATM card free of charge at any NCU ATM as well as from ATMs on the CU24 or CU Here worldwide network
• Automatic Loan Payment can be made through your Direct Deposit or, if offered by your employer, through Payroll Deduction.
• Cashier’s Checks, Certified Checks & Money Orders can be purchased at most branches for a minimal cost.
• Direct Deposit provides a secure, flexible means to automatically have your paycheck, retirement check or any recurring automatic payment deposited in your selected Navigator account.
• Drive Up Teller Services are available at the Gautier, Jackson Avenue and Moss Point Branches.
• Googolplex is an exciting online magazine for our younger members that demonstrates Navigator’s commitment to sharing valuable information about the wise use of money and credit. Each week, Googolplex is updated with new puzzles, games, quizzes and moneymaking information.
• Home & Family Finance Online is available on the Navigator Credit Union web site. HFFO makes financial decisions easier by providing answers to your consumer questions on a wide variety of financial topics such as the value of Extended Warranties, How to Determine Your Credit Rating, Tips on Selling Your Home and more. Helpful calculators are also featured.
• Insurance Products offer a full range of life, credit disability and mortgage insurance products available.
• MasterCard or VISA Cash Advances available during normal business hours at any branch location.
• Member Service Center provides prompt, personal answers to your credit union questions. The MSC is available by calling our local or toll-free number, Monday through Friday from 8:00 a.m. until 5:00 p.m. and Saturday from 9:00 a.m. until 1:00 p.m.
• Navigator CU Website is available to anyone who has a computer, modem and Internet Access. Once you’re logged on to www.navigatorcu.org you can learn about Navigator services, apply for a loan, calculate loan payments, check current savings and loan rates and email the credit union.
• Night Depository boxes are available at each Navigator branch location 24 hours a day whenever you need to make a safe and secure deposit.
• Notary Services are available at no charge to credit union members for your important business and personal transactions. Call the Member Service Center to determine the nearest branch location with Notary personnel.
• Payroll Deduction automatically deposits payroll deductions into a designated account or toward designated loan payments. Check with your employer to see if they provide this option.
• PC Carbook is available at our website to provide current NADA car values.
• Previously Owned Automobiles are available for sale to credit union members with current listings found on our website.
• PayDay Advance services are available with advances up to $150 available per week to Northrop Grumman Ship Systems employees.
• Safe Deposit Boxes provide a safe place to protect your valuables against theft, loss or damage at a very affordable cost. Safe deposit boxes are available at the Central Office and Moss Point Branches. A variety of sizes are available.
• Six Flags Tickets are available to Navigator members at a discounted price during summer months.
• Traveler’s Checks from American Express provide travel security and convenience worldwide.
• Toll-free Phone Services are available no matter where you live, work or travel.
Call 1-800-344-3281 to access your credit union accounts through ’N Touch or to apply for a loan by phone.
• VISA Check Card is accepted worldwide and works just like a credit card but funds come directly from your checking account. Purchases appear on your monthly checking statement.

Investment Services

Saving money in a specified account or through lower service fees is important to every member’s personal finances. Navigator Credit Union offers several federally insured deposit account options with competitive interest rates to help you make the most of your money.
• Checking Accounts - provide a wide variety of no cost options including no monthly service charges, no minimum balance fees, no per check fees and a free VISA Check Card. Navigator checking also provides account access by Internet, phone or ATM and allows you to re-order more than 42 check styles by phone or online. Accounts with balances of $1,000 or more earn interest and all accounts are available for overdraft protection from other accounts.
• Christmas Club Accounts - Lets you save money throughout the year for holiday shopping. An account can be opened with only $2. Optional Direct Deposit payments to make saving easy. No fees or minimum balance requirements. A Competitive interest rate, calculated daily and paid monthly.
• Individual Retirement Accounts - Education and Traditional IRAs available. Excellent means of saving for retirement. No fees or service charges. Dividends compounded monthly. Low minimum deposit. Rollovers and direct transfers from other institutions accepted. Contributions may be tax deductible (consult your tax advisor for details). Earnings on IRAs are not taxed until funds are withdrawn from the account. Deposits must be made to your IRA before April 15 each year for the previous year’s credit.
• Mariner’s Club (for members ages 15-18) - Each club member has his or her own share savings account that can be opened for as little as $5. This no-cost program is designed to teach young investors the value of saving through special incentives. Deposits earn points that can be exchanged for great prizes.
• Members Financial Services - Provides sound savings advice to help you organize your financial affairs and plan for your future. Offers access to financial management services, investments and transactions. No cost or obligation for free consultation, simply call 762-3542 to schedule your appointment
• Navvi-Gator Super Saver’s Club (for members through age 14) - This no-cost program teaches young investors the value of saving through special incentives. Super Saver's are rewarded for each deposit and can redeem “Gator Bucks” for great Navvi-Gator prizes. Each club member has his or her own share savings account that can be opened with an initial deposit of $5 or more.
• Share Savings Accounts - A Share Savings account is the foundation of your credit union membership. Open an account today with only $5.00 (in addition to a $10 one-time membership fee). Dividends are paid quarterly. Add to your balance regularly through payroll deduction or automatic transfer.
• Share Certificates (CD) - Earn a guaranteed rate of return for a fixed term. High yield investment with tiered rates based on balance. All certificates automatically renewable. Competitive dividend rate is compounded monthly. Flexible terms, ranging from six months to five years, allow you to choose the maturity date that is best for you.
• Share Plus Money Market Accounts - Provides options for earning the most on your savings. You can open your Share Plus account with an initial deposit of $2,500. To receive the Share Plus rate, keep your balance above $2,500.
• Special Savings (sub share accounts) provide alternative savings plans for those wishing to minimize access to account funds. These accounts are ideal for vacation, holiday or “rainy day” savings.