Navy Federal hires new CFO

Vienna-based Navy Federal Credit Union has hired John Collins, a 20-year veteran of Capital One Financial Corp, as its new chief financial officer.

“John brings with him a wealth of experience that will serve Navy Federal well,” said Navy Federal President and CEO Mary McDuffie. “I know with his proven track record, John will hit the ground running in our mission of providing award-winning service.”

Collins holds a bachelor’s degree in accounting from the University of Richmond. He previously served as an executive in capital markets and risk analytics at McLean-based Capital One, where he also led two of Capital One’s bank acquisitions and integrations. Among his roles, he has served as controller for an acquired bank and as CFO for a line of business and chief of staff to a CFO.

“I’m honored to join Navy Federal and its rich tradition of serving those who have served and the communities that support them,” said Collins. “It’s clear that everyone in the organization – from our teams in contact center, digital teams and beyond – that there is a heavy emphasis on prioritizing our members’ needs and making their financial mission our own. I look forward to working with and learning from the team, and using my broad experience managing different facets of an organization’s finances to help continue making these goals a reality.”

The world’s largest credit union, Navy Federal has more than 9 million members worldwide. With a global network of 341 branches, it has more than 21,500 employees.