PBN 2025 FASTEST GROWING COMPANIES 2025
$50 MILLION AND ABOVE 4. Navigant Credit Union
CEO (or equivalent): Kathleen C. Orovitz, CEO and president
2024 Revenue: $205.1 million
2022 Revenue: $130.7 million
Revenue growth: 56.9%
ALONG WITH EXPANDING into new markets, Rhode Island’s largest credit union – and the state’s top mortgage provider in 2024 – is developing relationships with the younger crowd.
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Growing youthful and small-business opportunities is helping Smithfield-based Navigant Credit Union increase revenue by 56.9%, from $130.7 million in 2022 to $205.1 million in 2024.
Navigant’s digitally focused Embark student checking account launched in October 2022 for 13- to 22-year-olds but also appeals to parents and whole households. The credit union opened almost 4,000 of those accounts since the program began, according to Michael Mattone, Navigant’s senior vice president and chief retail banking and experience officer.
“A lot of parents wanted better tools to teach their children how to save,” he said.
The crecit union offered no-fee resources, including automated-teller-machine reimbursement, to help students in that age bracket become a springboard for entire households to bank with Navigant.
“Parents [are] always looking for tools and resources to teach their kids the value of savings,” Mattone said.
