Navigator Credit Union (AL/MS) Offers Competitive 60-Month CD


Deal Summary: 60-month Share CDs – Jumbo, 2.35% APY ($100k); Regular, 2.25% APY ($25k) and 2.15% APY ($1).

Availability: Residents of Baldwin and Mobile Counties, Alabama, and portions of Gulfport, Mississippi; employees of Huntington Ingalls Industries.

Navigator Credit Union (Navigator CU) is currently offering competitive rates on its 60-month Jumbo Share CD and 60-month Regular Share CD. The tiered APYs (2.35%, 2.25%, 2.15%) are based on deposit levels of $100k, $25k, and $1, respectively.

2.10%$100k-Navigator Credit Union60 Month Jumbo Share CD
2.00*%$25k$100kNavigator Credit Union60 Month Regular CD
OTHER TIERS: 1.90% Up to $25k
Rates as of September 26, 2020.

All three Share CDs are available as IRAs (Traditional, Roth), earning APYs a uniform 10 bps higher on the same deposit levels.

2.20%$100k-Navigator Credit Union60 Month Jumbo IRA
2.10*%$25k-Navigator Credit Union60 Month IRA
OTHER TIERS: 2.00% Up to $25k
Rates as of September 26, 2020.

According to CSR, the Early Withdrawal Penalty is 180 days of interest on the amount being withdrawn.

Funding can be done by ACH, wire transfer, or by check. Maturing funds will be distributed by cashier check or deposited into an existing Navigator CU savings or checking account.


Headquartered in Pascagoula, Mississippi, Navigator’s Credit Union’s field of membership (FOM) is primarily residency based, with individuals who live, work, worship, or attend school in the Alabama counties of Baldwin or Mobile, eligible to join. In addition, individuals who live, work, worship, or attend school in portions of the city of Gulfport, Mississippi, also qualify.

Employees/retirees of Huntington Ingalls Industries (the county’s largest military shipbuilding company) are eligible to join, as are their immediate and extended family members.

Jackson County, Mississippi, federal government employees/retirees also qualify for membership.

Individuals employed at a small business (fewer than 500 employees) in Harris County or Jackson County, Mississippi, are eligible to join.

Immediate/extended family members of current Navigator CU members are welcome to apply. Those family members eligible include, “wife, husband, aunt, uncle, brother, brother-in-law, sister, sister-in-law, son, son-in-law, daughter, daughter-in-law, father, father-in-law, mother, mother-in-law, grandfather, grandmother, grandchild, niece, nephew, cousin, step relative.”

Joining Navigator CU and/or opening a Share CD can be done online. While all five Alabama and eight Mississippi branches are temporarily closed to the general public, appointments can be made for transactions that require an in-person visit. Drive-through service is available at all branches during regular business hours.

Your $5 membership deposit makes you a member-owner and covers the cost of your account set-up.

Navigator CU participates in both the CO-OP Share Branch and ATM networks.

Credit Union Overview

Navigator Credit Union has an overall health grade of "A" at, with a Texas Ratio of 5.93% (excellent), based on December 31, 2019 data. Navigator CU has an capitalization level of 16.73% (excellent), the result of holding $328.79 million in assets with $53.83 million in equity. Please refer to our financial overview of Navigator Credit Union (NCUA Charter # 63637) for more details.

Established in 1939 as the Ingalls Employees Credit Union (IECU), Navigator Credit Union’s original FOM was exclusive to the employees of Ingalls Shipbuilding. We often forget that the average working American didn’t have access to affordable financials services not that long ago.

In 1938, Ingalls Shipbuilding began operations. For the first time, those who had farmed the fertile coastland or fished its well-populated waters were now gainfully employed. Because of their modest incomes, many did not have established credit. Even with their new-found employment, they were unable to purchase basic items such as refrigerators, automobiles and washing machines without access to credit.

With only 100 members and $2,500 in deposits, IECU began offering savings accounts and loans to members who, until then, had not had access to financial services.

IECU branded as Navigator Credit Union in 2003. The “Navigator” name was chosen by the members as a way to honor IECU’s roots and to reflect the growing FOM along the Gulf Coast. Navigator CU is currently the second largest credit union headquartered in Mississippi, with more than 45,300 members and assets in excess of $328 million.

How the Share CDs Compares

When compared to 165 similar length-of-term CDs tracked by are available within the FOM, Navigator Credit Union's 60-month Jumbo Share CD APY currently ranks first,* regardless of minimum deposit requirements.

The above rates are accurate as of 4/10/2020.

Searching for the best CD rates, either nationwide or state specific? Please refer to our CD Rates Table page.

*We are continually working to keep our rates up-to-date, but there have been just too many rate cuts for us to process quickly. For the time being, please be aware that the rates listed at may not reflect the latest rates published by the banks and credit unions.

Related Pages: Mobile CD rates, Biloxi CD rates, 5-year CD rates

Top CD & IRA CD Rates at Navigator Credit Union in AL & MS - Local Only

Navigator Credit Union is offering very competitive CD and IRA CD rates. The highest rates are Jumbo IRA CD rates. The most competitive include a 2.35% APY for 5 years, 2.00% APY for 4 years and 1.40% APY for 2 years. These are IRA rates with a minimum $100K minimum deposit. The regular CDs with small balances have rates that are 15 basis points lower. These rates are listed in the credit union's rates page as of 6/28/2012. There's an old date at the top of this page, but I...

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