Navigant Credit Union (RI/CT/MA) Adds 23-months CD

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Deal Summary: 23-months CD, 3.00% APY, $500 minimum deposit, new money.

Availability: Residents of Rhode Island, and nearby Connecticut and Massachusetts (determined by Zip Code).

Over the weekend, Navigant Credit Union (Navigant) has added a 23-months CD, which earns 3.00% APY. The new CD can be opened with a $500 minimum deposit of new money, and there is no stated balance cap.

APYMINMAXINSTITUTIONPRODUCTDETAILS
3.00%$500-Navigant Credit Union23 Month CD - New Money
Rates as of November 13, 2018.

The 23-months CD and 13-months CD (2.50% APY) are the only competitive certificates in Navigant’s product line. The other CDs offer APYs that range from 0.25% to 1.25% APY, for terms between 6 months to 5 years.

According to CSR, the Early Withdrawal Penalty is “3% of the amount being withdrawn.”

Availability

Headquartered in Smithfield, Rhode Island, Navigant Credit Union’s field of membership (FOM) includes the residents of Rhode Island, and residents of nearby Massachusetts and Connecticut, with eligibility based on Zip Code.

I entered a variety of Zip Codes in the online application and it seems that Massachusetts and Connecticut towns within approximately 20 miles of the Rhode Island state line qualify.

Navigant’s New Account reads, “Anyone can join.” Unfortunately, “anyone” has to live in any of the above mentioned areas to qualify for membership.

Since I last wrote about Navigant, an online application has been added to the website. While you can now join Navigant online, the only CD currently available online is the 18-month Bump-Up. The CD drop down on the first page of the online application states,

Additional terms available by visiting your local
branch or contacting our Call Center at 401.233.4700.

Navigant has 17 Rhode Island branches, located in Central Falls, Chepachet, Cumberland (2), East Greenwich, Greenville, Lincoln, Manville, North Smithfield, Pawtucket, Riverside, Rumford, Scituate, Smithfield, Warren, Warwick, and Woonsocket.

Credit Union Overview

Navigant Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 2.32% (excellent) based on March 31, 2018 data. In the past year, Navigant has increased its total non-brokered deposits by $158.83 million, an excellent annual growth rate of 10.99%. Please refer to our financial overview of Navigant Credit Union (NCUA Charter # 62882) for more details.

Navigant Credit Union has served the Blackstone Valley Area in Rhode Island for more than 100 years. With incorporation papers filed in March 1915, "La Credit Union de Notre Dame de Central Falls" became Rhode Island’s first credit union. The name reflected the Credit Union’s location (the basement of Notre Dame Parish), rather than an affiliation with the Parish. In the past 103 years, the Credit Union as re-branded twice, with both changes reflecting the growing membership. From the modest beginnings in a church basement, Navigant Credit Union has grown to become the second largest credit union in Rhode Island, with more than 88,100 members and assets in excess of $2 billion.

How the CD Compares

When compared to other similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and are available within the FOM, Navigant Credit Union's 23-Months CD APY currently shares the top rung with Pawtucket Credit Union’s 25-month CD APY.

The above rates are accurate as of 6/15/2018.

To search for the best CD rates, either nationally available or state-specific, please refer to our CD Rates Table page.

Related Pages: Providence CD rates, 5-year CD rates

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Navigant Credit Union (RI/CT/MA) Adds 13-months Special CD
Deal Summary: 13-months Special CD, 2.50% APY, $500 minimum deposit, new money.

Availability: Residents of Rhode Island, and nearby Connecticut and Massachusetts (determined by Zip Code).

Navigant Credit Union (Navigant) has added a 13-months Special CD, earning 2.50% APY. The minimum opening deposit is $500 of new money, and there is no stated balance cap.

The 13-months Special CD is truly special if you compare it to Navigant’s regular CDs, which offer APYs that range from 0.25% to 1.25% APY, for terms between 6 months to 5 years.

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Navigant Credit Union (RI) Celebrates 100 Years With 24-month CD
Availability: Rhode Island, and nearby Connecticut and Massachusetts (determined by Zip Code)

In celebration of its 100th anniversary, Navigant Credit Union (Rhode Island) is offering a 2-Year CD (1.50% APY). The minimum opening deposit is $500 and there is no maximum balance cap.

The 2-Year CD is also available as an IRA (Traditional, Roth, and CESA) earning the same APY, with the same funding requirements.

As stated in the CD Truth In Savings Disclosure, the Early Withdrawal Penalty reads as follow:

Availability

Headquartered in Smithfield, Navigant Credit Union...

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3.15% Reward Checking Account at Navigant Credit Union in Rhode Island
Update 10/04/09: The top rate has fallen to 3.15% APY.

Navigant Credit Union is offering a reward checking account called Journe Rewards Checking. The account offers the following features if certain monthly requirements are met:
  • 3.15% APY on balances from $10 to $25,000
  • 1.01% APY on balances over $25,000
  • 0.10% base rate if qualifications are not met
  • ATM fees nationwide refunded up to $25 per cycle
The monthly requirements include:
  • 12 Visa debit card purchases
  • one direct deposit or automatic payment
  • receive e-statements
Additional features of the account regardless of the monthly requirements include:
  • $10 minimum intial deposit
  • no monthly fees
The credit...




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3.00% 6-Month CD at Navigant Credit Union in Rhode Island
Navigant Credit Union is offering a special 3.00% APY 6-month CD. Minimum deposit is $500. This rate is listed in the credit union's rate table as of 1/25/09.

I can't find the details of membership eligibility. Some general information is described in the credit union's Our Members Page:

Branches are located in the Rhode Island cities of Central Falls, Cumberland, Lincoln, Pawtucket, East Providence, Smithfield and Woonsocket.

The credit union is federally insured by the NCUA (Charter # 62882).





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