In the 80 years that Navy Federal Credit Union has been in existence, the cooperative has never had to lay off any of its employees.

Cutler Dawson, president/CEO of the $55 billion financial institution in Vienna, Va., wanted to make the point that loyalty is steeped within Navy Federal's core.

"We have a great membership that is very loyal. We like to say we're with our members from start to finish," Dawson said during Navy Federal's 2014 Economic & Finance Roundtable on Feb. 20.

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