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Navy Federal Credit Union buys land in Fredericksburg for new office

• January 9, 2012
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Navy Federal Credit Union has purchased 2.1 acres in Fredericksburg’s Celebrate Virginia South development for 1.67 million. Navy Federal plans a new branch at the location, which should be ready by the end of the year.  Once the building is complete, Navy Federal plans to move from a leased branch at 1767 Carl D. Silver Parkway in Central Park. The new branch will offer drive-through service and will be larger than the Central Park location.  Silver Commercial Brokerage handled the transaction.