Credit: Mark Wilson/Getty Images
RICHMOND, Va. (AP) — Navy Federal Credit Union is planning to expand its member service operation in Frederick County, creating 400 jobs.
Gov. Bob McDonnell’s office said Tuesday that the credit union will make a multimillion-dollar investment to construct a new facility on its Winchester campus.
Navy Federal Credit Union is the world’s largest credit union with more than 4 million members and more than 220 branch offices. It serves all Department of Defense military and civilian personnel and their families.
Frederick County officials say the credit union’s member service operation has expanded to more than 500 employees in six years. With the planned expansion, Navy Federal will be one of the largest employers in the community.
McDonnell approved a $250,000 grant from the Governor’s Opportunity Fund to assist with the project.
(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)



Deadly Tornado
Cars Of The Future
Reporter's Gallery
Namaste: Yoga Poses For...
Sinkholes Close Major DC...
Deadly Tornado Ravages...
138th Running of the...
Baseball Shots Of The Week –...
Best Summer Dishes
CBS 2013-2014 Prime Time Shows
Flash Forward: Concept Cars...
Baseball Shots Of The Week –...
Water Main Break Pours Into...
Best Summer Festivals and...
Baseball Shots Of The Week –...
Run of the Chihuahuas
Caps Take Game 2 With...
Chihuahuas Dressed in Costumes
Simulated Aircraft Accident...