There can be up to three joint owners of a Navy Federal Credit Union checking or savings account. Any joint owners must be present during enrollment for proof of identity, states Navy Federal Credit Union.
If the joint owner is not available at the time of enrollment, the person opening the account can ask for an application for the joint owner to submit later, advises Navy Federal Credit Union. If the account has joint ownership with survivorship, when one owner dies, her shares in the account go to the surviving owner. In a joint ownership without survivorship account, the late owner's shares pass to her own estate.