While many banks also approved White applicants at higher rates than Black borrowers, the nearly 29-percentage-point gap in Navy Federal’s approval rates was the widest of any of the 50 lenders ...

According to a Dec. 14 CNN report, the Navy Federal Credit Union, the largest credit union in the United States, denied more than 50% of Black applicants for new conventional home mortgages in ...

Mary McDuffie, the CEO of Navy Federal Credit Union, met with three members of the Congressional Black Caucus who have demanded answers in the wake of CNN’s reporting on racial disparities in ...

Ron Wyden, D-Oregon. In addition, 40 members of the Congressional Black Caucus wrote a separate letter to Navy Federal on Thursday requesting a meeting with the credit union’s CEO and asking for ...

The same day, 42 members of the congressional Black Caucus wrote separately to Navy Federal president and CEO Mary McDuffie asking her to explain the reported disparity in lending and answer a ...