Navy Federal Financial Group Announces the Hiring of New Chief Operating Officer

Diane Young joins NFFG following retirement of Patricia Wood

VIENNA, Va.--(BUSINESS WIRE)--Today, Navy Federal Financial Group (NFFG), a wholly-owned subsidiary of Navy Federal Credit Union, announced the hiring of Diane Young as Chief Operating Officer. She joins NFFG following the retirement of Patricia Wood, who had been at the organization’s helm since 2015.

“Throughout her financial services career, Diane has been instrumental to her organizations in developing and implementing strategic initiatives designed to create products and programs designed with the customer’s needs in mind,” said Debbie Calder, chief operating officer of Navy Federal Credit Union. “Therefore, we feel that Diane is the right leader at the right time for NFFG.”

Prior to joining NFFG, Diane Young was vice president at the Goldman Sachs Private Bank, where she and the team developed and launched a digital securities-based lending program. Throughout her career, Young has had the opportunity to refine her approach for launching and re-positioning businesses, programs, and products at full-service firms such as Merrill Lynch and Morgan Stanley and online firms such as TD Ameritrade and E*TRADE.

“I look forward to meeting the team and working together with our partners to deliver upon the high-quality service our members have come to expect,” said Young. “It is exciting to join the Navy Federal team in service of our members from those just starting out, through financial goal planning, to those already enjoying retirement.”

Young is a graduate of Adelphi University.

About Navy Federal Financial Group

Navy Federal Financial Group (NFFG) is a wholly-owned subsidiary of Navy Federal Credit Union. Brokerage and Investment Advisory services are offered through NFFG’s subsidiary Navy Federal Brokerage Services, LLC. For additional information, visit www.navyfederal.org/nffg.

About Navy Federal Credit Union

Established in 1933 with only seven members, Navy Federal now has the distinct honor of serving over 9 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all branches of the armed forces and their families. Dedicated to its mission of service, Navy Federal employs a workforce of over 21,500 and has a global network of 342 branches. For more information about Navy Federal Credit Union, visit www.navyfederal.org.

Federally insured by NCUA. Equal Opportunity Employer.

Nondeposit investment and insurance products are offered through Navy Federal Financial Group, LLC, (NFFG), and through its subsidiary, Navy Federal Brokerage Services, LLC (NFBS), a member of FINRA/SIPC, and an SEC Registered Investment Advisory Firm. These products are not NCUA/NCUSIF or otherwise federally insured, are not guaranteed or obligations of the credit union, are not offered, recommended, sanctioned, or encouraged by the Federal Government, and may involve investment risk, including possible loss of principal. 1-877-221-8108.