Gov. Expected As Navy Federal Cuts Ribbon For Expansion

March 25, 2011

Navy Federal will hold a ribbon-cutting ceremony for a 224,000 square foot building on Friday.  The new building will accommodate an additional 1,100 employees at the Navy Federal campus which will help support rapid growth by the credit union.

Gov. Rick Scott, Navy Federal President and CEO Cutler Dawson and a host of other dignitaries are scheduled to be among the invited guests at the invitation-only ceremony.

“This is an exciting time for Navy Federal,” said Cutler Dawson, President and CEO of Navy Federal Credit Union. “Our growth here in Pensacola mirrors the growth in our membership and our expanding branch network worldwide. It also serves as a constant reminder of the great partnership Navy Federal has forged with the community leaders and residents in Escambia County.”

Navy Federal’s first building opened in 2003 as the first LEED Gold certified building in the state of Florida. The “green” campus is nestled on 62 acres in western Escambia County, and is currently home to almost 1,700 employees representing all of the major business areas in the credit union – Contact Center, Lending, Collections, and Membership.

“The opening of our fourth building underscores our continued commitment to our members and to the Greater Pensacola community,” said Debbie Calder, Senior Vice President of Greater Pensacola Operations. “We’re also very proud of our recognition as one of the leading employers in Florida.”

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