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The world’s largest credit union said it notched a record year in 2012, hitting new marks for new members, loans and checking accounts.

Membership at the $52.5 billion Navy Federal surpassed 4 million as 600,000 new members joined, the Vienna, Va., credit union said. There were $10 billion in mortgage originations – driven by historically low rates and an offer to pay $2,500 in closing costs – and another $4.8 billion in in auto loans, a 46% increase over 2011, Navy Federal said.

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