Sun Apr 27 06:00:00 UTC 2025: **Navy Federal Credit Union Partners with Bloom Credit to Boost Member Credit Scores**
**New York, NY – April 24, 2025** – Navy Federal Credit Union, the largest credit union in the US, is partnering with fintech company Bloom Credit to improve its members’ access to credit. The partnership integrates Bloom Credit’s “Bloom+” solution into Navy Federal’s checking accounts, allowing over 14 million members to report bill payments (rent, utilities, telecom) as positive credit data to major credit bureaus.
Bloom+, a white-label, no-code API, provides a more comprehensive credit profile for members who may not have extensive credit history. This innovative approach uses consumer-permissioned data from checking accounts to build creditworthiness, offering a significant advancement in financial inclusion.
“This partnership reflects our commitment to helping members build a more accurate and complete credit profile,” stated Anahita Reilly, vice president at Navy Federal Credit Union, who will be speaking at the Open Banking Expo USA on June 26th in New York.
The announcement coincides with Bloom Credit securing a $10.5 million growth investment led by Crosslink Capital, with participation from Allegis Capital, Commerce Ventures, and CT Innovations. This funding will support team expansion and technological advancements within Bloom Credit’s credit solutions.
Jim Feuille, venture partner at Crosslink Capital, hailed Bloom+ as a “game changer,” emphasizing its value for consumers and lenders. The success of this partnership underscores a growing market need for innovative credit-building solutions.
First Piper 