6.00% 10-Month CD at Navy FCU - It's Now Official

Jul 2, 2007 - 9:19 AM by Ken Tumin

Navy Federal Credit Union
Navy Federal Credit Union is now listing the 6.00% APY 10-month share certificate on its website. The details are the same as I had reported on Saturday. The minimum deposit is $10,000, and it's available as a regular or IRA certificate.

For more info about the Navy FCU and membership, please refer to my Saturday post.

Banks Mentioned in this Post:

Navy Federal Credit Union
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In order of date posted. - Sort by votes
Anonymous

Anonymous - #1, Monday, July 2, 2007 - 10:29 AM

So magnificent yet . .

so unobtainable.

Back in my day the Navy only accepted the crème de la crème.

Regrettably, nothing has changed.

Oh, well (sigh).


1
Anonymous

Anonymous - #2, Monday, July 2, 2007 - 12:53 PM

Oh, so true, but I happen to be one of the lucky ones who had a relative in the Navy.
Banking Guy, I called Navy FCU this morning and was told this special would last until Aug 31. In order to transfer funds from FNBO back to my home bank and then wire the funds into Navy when should a person start the process? I think you have moved funds out of FNBO, what was the time frame?


1
Anonymous

Anonymous - #3, Monday, July 2, 2007 - 5:25 PM

Previously, a commentor mentioned being able to do an ACH pull from an external account to NFCU. NFCU calls this system speedpay. Today I learned that their new speedpay system will take 3-7 business days to complete the transfer from external account to NFCU. In addition, the funds will not start earning interest in the share certificate/CD until the funds actually are deposited to the NFCU savings account.


1
Anonymous

Anonymous - #4, Tuesday, July 3, 2007 - 1:03 PM

AMTRUST now is offering 6% for 118 days in Arizona--Shea and 101, Here is the link for the gold savings:

http://www.amtrust.com/ProductDetails/StaticDescriptions/gold_savings_ohmarket.asp

Good liquid account vs. CD.


1
Anonymous

Anonymous - #5, Saturday, July 7, 2007 - 12:52 PM

Banking Guy:

When you joined NFCU, did they do a hard pull?

Thanks!


1
Banking Guy

Banking Guy (anonymous) - #6, Sunday, July 8, 2007 - 3:28 PM

I haven't checked my credit report yet. I'll try to do that soon.


1
Anonymous

Anonymous - #7, Thursday, July 12, 2007 - 2:23 PM

Re: the hard pull question.

Thanks Banking Guy!


1

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