PBN FASTEST GROWING COMPANIES 2020 $75M AND ABOVE
3. Navigant Credit Union
CEO (or equivalent): Gary Furtado
2019 Revenue: $107 million
2017 Revenue: $77.4 million
Revenue growth: 38.3%
LAUNCHING A BRANCH in a hospital under COVID-19 guidelines shows why Navigant Credit Union is growing, even amid a pandemic.
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“That is no small feat,” said Lisa Dandeneau, Navigant’s senior executive vice president and chief operating officer.
In Warwick’s Kent County Memorial Hospital, the branch is one of two added to increase Navigant’s growing network to 20 branches, with 340 employees serving 106,587 members.
Also from January to June, Rhode Island’s first and oldest credit union watched deposits spike 17%, compared with 6% in 2019.
The U.S. Small Business Administration Lender of the Year leveraged relationships to help small businesses cover payroll through Paycheck Protection Program loans.
Smithfield-based Navigant also continued giving to the community.
Although Navigant doesn’t benchmark growth in assets, it’s ahead of its peers, with $2.67 billion.
“It’s fun to be in the lead – I’m not going to lie,” Dandeneau said. “But our growth strategy has always been for the right reasons, and that’s about serving our members.”
