NASA FCU Boosts Rates On 49- and 15-Month Certificate Specials

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Deal Summary: Share Certificate Specials – 49-month (2.40% APY), 15-month (1.95% APY), $5k minimum deposit, total deposit must include $5k of new money.

Availability: Easy Membership Requirement

It’s a new year and NASA Federal Credit Union (NASA FCU) increased the rates of its popular 49-months Share Certificate Special (2.40% APY) and 15-months Share Certificate Special (1.95% APY). Both Share Certificate Specials are offered as IRAs (Traditional and Roth) earning the same APY, with the same funding requirements. As is usual, NASA FCU highlights that these are limited-time offers that are subject to change at any time without notice.

APYMINMAXINSTITUTIONPRODUCTDETAILS
2.40%$5k-NASA Federal Credit Union49 Months Share Certificate Special (New Money)
1.95%$5k-NASA Federal Credit Union15 Months Share Certificate Special (New Money)
Accounts mentioned in this post. Rates as of January 22, 2018.

Both Specials require new money, but the wording in the fine print as to the required amount of new funding is a bit vague:

A minimum of $5,000 in new funds must be brought from an external source
and must be deposited between January 1, 2018 and January 31, 2018.

CSR confirmed that whatever the amount of the opening deposit, $5k must be new funds, while the balance of the opening deposit could be made from funds on deposit at NASA FCU.

While there is no stated maximum deposit balance, the fine print for both reads:

Credit Union reserves the right to limit deposits into this special certificate.

In the past three years, the 49-months Special has had three other limited-time rate hikes, with APYs ranging from 2.20%-2.35%. The 15-months Special has been part of the product line for almost two years, with an initial 1.05% APY. There have been five rate changes since it was added, with this week’s 35 basis point increase resulting in its highest rate to date.

As stated in the Members Service Agreement document, the Early Withdrawal Penalty reads as follows:

182 days for certificate accounts with terms up to 24 months and
365 days for certificate accounts with terms greater than 24 months.

Availability

Headquartered in Upper Marlboro, Maryland, NASA Federal Credit Union offers membership to virtually anyone, with several ways to qualify:

Easy Membership: Membership in one of 14 affiliated associations, including a complimentary membership to the National Space Society (NSS), qualifies for Credit Union membership.

Employment: Employee or retiree of NASA Headquarters, any NASA Center or Facility, or NAS are eligible for membership. In addition, any employee or member of one of 900+ NASA Federal Credit Union partner companies also qualify for membership.

Relationship: Relatives or household members of current NASA FCU members are eligible for membership.

Joining NASA FCU and/or opening a CD can be done online, or by visiting any of twelve branches located in Maryland (Annapolis, Bowie, Columbia, Greenbelt, Greenbelt-Lanham, Rockville, Upper Marlboro), Virginia (Falls Church, Oak Hall, Wallops Island), and the District of Columbia (2).

Three of the branch locations (the Goddard Space Flight Center Branch, the National Academy of Science Branch, and the GSFU-Wallops Flight Facility) have restricted assess status (employees only), but NASA FCU is a member of the CO-OP Shared Branch network, giving NASA FCU members an additional 120+ locations in the Washington metro area to conduct many business transactions.

Credit Union Overview

NASA Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 7.92% (excellent) based on September 30, 2017 data. In the past year, NASA FCU has increased its total non-brokered deposits by $191.16 million, an excellent annual growth rate of 12.16%. Please refer to our financial overview of NASA Federal Credit Union (NCUA Certificate # 6328) for more details.

NASA Federal Credit Union was established in 1949 when seven employees received approval for a credit union charter to begin serving employees of NASA. Today, NASA Federal Credit Union is the third largest credit union headquartered in Maryland and the 104th largest credit union in the nation, with assets in excess of $2.2 billion and more than 149,000 members.

How the Share Certificate Specials Compare

When compared to the 169 similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and are available nationally, NASA Federal Credit Union's 49-months Share Certificate Special APY currently ranks second.

Interest RateCD Length of TermCredit Union/Bank
2.51% APY48-Month CDNorthern Bank Direct
2.40% APY49-Months Share Certificate SpecialNASA Federal Credit Union
2.30% APY48-Months CDTIAA Direct

When compared to the 146 similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and are available nationally, NASA Federal Credit Union's 15-months Share Certificate Special APY currently ranks third.

Interest RateCD Length of TermCredit Union/Bank
2.02% APY18-Month CDUSALLIANCE Financial
2.00% APY18-Month Share Certificate SpecialService Credit Union
1.95% APY15-Months Share Certificate SpecialNASA Federal Credit Union

The above rates are accurate as of 1/2/2018.

To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.

Related Pages: Washington CD rates, Baltimore CD rates, Norfolk CD rates, 1-year CD rates, 5-year CD rates, nationwide deals

Comments
NASA FCU Offers 49-Month CD Special

Deal Summary: Share Certificate Specials – 49-month (2.25% APY) and 15-month (1.60% APY); $5k minimum deposit, new money.

Availability: Easy Membership Requirement

NASA Federal Credit Union (NASA FCU) began the month by raising the rates on its popular 49-month Share Certificate Special (2.25% APY) and 15-month Share Certificate Special (1.60% APY).

Both Share Certificate Specials are offered as IRAs (Traditional and Roth) earning the same APY, with the same funding requirements and same time limitations.

Both Specials require new money, but the wording in the fine print as to the...

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UPDATE 10/19/16: Extended through October 31, 2016.

Availability: Easy Membership Requirement

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The wording in the fine print regarding the new funds requirement is a bit vague:

CSR confirmed that whatever the amount of the opening deposit, $5k must be new funds, while the...

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Availability: Easy Membership Requirements

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Good news - as of yesterday, the 49-month Share Certificate Special (2.20% APY) is again the top 4-year nationally available CD in DA’s CD Rates Summary.

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Availability: Easy membership

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The first weekend of the new year has changed that, with an increase to the already competitive 49-month Share Certificate Special (2.30% APY), which has been the top-rated nationally available 4-Year CD on DA's CD Rates Summary for a year.

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NASA FCU Offers Nationally Available Top Rate 15- and 49-month CDs

Availability:

Nationally available, through January 31, 2015.

With rate increases over the weekend, NASA Federal Credit Union (Maryland) is continuing a year-long history of offering competitive CD rates. The most recent increases are the 15-month Share Certificate (1.35% APY) and 49-month Share Certificate Special (2.35% APY).

The minimum opening deposit for either Share Certificate (CD) is $5K of new money, and while there is no stated maximum deposit balance, the fine print reads:

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