Navy Federal Credit Union


Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
3.10%5-year CD5 Year CD
2.75%4-year CD4 Year CD
3.15%6+ Year CD6 Year CD

Overview / Commentary
888-842-6328
820 Follin Ln SE
Vienna, VA 22180

Navy FCU is a Virginia-based federal credit union serving millions of members who are, or are related to, service members and employees with the Department of Defense. The credit union offers a range of depository banking and lending products, as well as business and investment services, and is considered the largest credit union in the world.

On its personal banking side, Navy Federal Credit Union offers checking, savings, Money Market, Certificate, and IRA accounts to serve consumers’ savings needs. A variety of checking account options offer flexibility and include accounts designed for active duty members, students, and members looking for higher interest returns. Navy’s active duty checking has no balance minimums, refunds ATM fees up to a certain amount, and gives free military-themed checks for the life of the account. The student checking differs from the basic checking account only by offering ATM fee refunds. Overdraft protection options are available on all of Navy’s checking accounts.

The credit union’s basic savings account has no monthly fees and a low initial deposit requirement. A savings account is automatically opened by the credit union when membership is granted. Money Market savings accounts offered by the credit union earn more than a basic savings account because of minimum balance requirements. There is also a Jumbo dividend rate for Money Market accounts with over $100,000 balances. Certificates and IRA Certificates are available in term lengths that range from 3 months to 7 years. Navy’s Special Certificate account earns a competitive rate of interest, but has a low maximum balance cap. Its standard Certificates and IRA Certificates have no maximum deposit caps. DepositAccounts.com has recognized Navy’s Certificates repeatedly in the past.

Navy FCU online banking offers a secure and convenient banking platform on which members can perform account management tasks like transferring funds, paying bills, ordering checks, and making loan payments. Free Direct Deposit makes it easy to seamlessly deposit paychecks and Navy’s mobile banking services provide remote deposit to make depositing any check quick and simple. Scan deposits can be accomplished via a scanner attached to a computer and are free for personal account holders, $1 per month for business account holders.

Navy FCU was originally established in 1933 as the Navy Department Employees’ Credit Union of the District of Columbia. After dissolving in 1947, the credit union was rechartered as a federal credit union and named Navy Department Employees Federal Credit Union, until transitioning to its current name in 1954. Today, Navy FCU is headquartered in Vienna, Virginia, and employs over 10,000 people who serve more than 4 million members. The credit union serves its members through numerous locations in states all across the country.

Field of Membership Restrictions

Membership in Navy Federal Credit Union is open to members of active duty Army, Marine Corps, Navy, Air Force, Coast Guard, Army and Air National Guard, Department of Defense Officer Candidate/ROTC, Department of Defense Reservists, retirees from military service, Department of Defense civilian employees and contractors and retirees, U.S. Government Employees Assigned to Department of Defense Installations. Military veterans who were honorably discharged are also eligible. Membership is also open to immediate family of current members or those eligible for membership.
See current membership details

Related Posts

3 Year Variable CD 2.79% APY - 8/21/2018

Is this new? In disclosures it says "A new 3-Year Variable Rate is effective every first Monday of each month. Rates for 3-Year Variable Certificates may change on the Certificate’s anniversary dates (at 12 and 24 months) from the purchase date." Doesn't say what the rate is tied to. Does someone know? Does it change every first Monday of the month or just at 12 and 24 months?

Returns Now Up To 3.25% APY - 8/21/2018

Navy Federal CU currently offers CD up to 3.25% APY. Term $1K minimum APY* $10K minimum APY* $20K minimum APY* $50K minimum APY* $100K minimum APY* Short-Term Certificate Rates (Click an APY to update the Certificate Return Estimator below.) 3 Month .60% .60% .60% .60% .70% 6 Month 1.25% 1.25% 1.25% 1.25% 1.35% 9 Month 1.50% 1.50% 1.50% 1.50% 1.60% 12 Month 2.00% 2.00% 2.00% 2.00% 2.10% 18 Month 2.35% 2.35% 2.35% 2.35% 2.45% 24 Month 2.50% 2.50% 2.50% 2.50% 2.60% Long-Term Certificate Rates (Click an APY to update the Certificate Return Estimator below.) 3 Year 2.60% 2.60% 2.60% 2.60% 2.70% 4 Year 2.65% 2.65% 2.65% 2.65% 2.75% 5 Year 3.00% 3.00% 3.00% 3.00% 3.10% 6 Year 3.05% 3.05% 3.05% 3.05% 3.15% 7 Year 3.10% 3.10% 3.10% 3.10% 3.25%

Most CD Rates Raised - 7/30/2018

NavyFed has new CD rates as of this morning. Minimum $100k. 18 mo - 2.45% 24 mo - 2.60% 3 year - 2.70% 4 year - 2.75% 5 year - 3.10% 6 year - 3.15% 7 year - 3.25%

View all posts from:

12/7/15 - Navy Federal CU Offers 30-month CD Special and 20-Month IRA
12/7/15 - Pearl Harbor Day Special....
12/7/15 - Special Easy Start CD 12 Months 3.00% APY
8/4/15 - Navy Federal CU's 18-month CD Offers Competitive Rate
5/20/15 - Military Specials If Join Navy Federal Credit Union (Easy $100)
5/8/15 - Navy Federal CU's 15-month Military Appreciation CD Is Very Competitive
5/1/15 - Military Appriciation 15 Month CD 3.5% APY
3/12/15 - Navy Federal Credit Union Offers $100 Bonus On First Time IRAs
3/5/15 - Navy Federal Credit Union’s Hot Share Certificate Promotion
12/15/14 - Bulk Of Navy FCU's Income Stems From Fees
12/1/14 - Navy Federal CU Has Top Rate 20-month and 30-month IRA Specials
11/5/14 - Navy Federal Among First To Debut Apple Pay
9/13/14 - Navy Federal To Be One Of First Financial Institutions Offering Apple Pay
9/5/14 - Nice 1-Year CD Special at Navy Federal Credit Union
9/2/14 - 5% 1 Year $5000 Max CD
7/1/14 - Navy Federal Credit Union Is Growing Its Footprint, In Virginia And Florida.
6/6/14 - Problems With Navy Federal Credit Union
5/20/14 - World’s Largest Credit Union Is Getting Bigger
5/4/14 - Navy Federal Appreciation Week CD Offer
5/2/14 - 3-Year CD Rate Cut
3/3/14 - Navy Federal Cuts CD Rates But They Remain Competitive
2/25/14 - Navy Federal Credit Union Online Account Access Down
1/20/14 - Navy Federal Growing Auto And Business Loans
1/20/14 - Big CD Rate Increases at Navy Federal Credit Union
1/20/14 - Rate Increases
1/17/14 - Navy Federal Credit Union New Member and IRA Promotions
1/6/14 - Nice IRA CD Features at Navy Federal Credit Union
9/17/13 - Navy FCU Sells $200 Million In Banking Services On Facebook
8/9/13 - Navy Federal Offers V.Me Digital Wallet
8/5/13 - Navy Federal Direct Deposit and Refer-a-Friend Bonuses
6/13/13 - Navy Federal Books Record $753 Million In Loans In May
6/3/13 - How The World’s Biggest Credit Union Uses Social Media
5/15/13 - Navy Federal’s Shred Day - Navy Shred-eral Day
5/8/13 - NFCU Military Appreciation Week -- 4% CD, Etc.
4/4/13 - Navy Federal Announces 1,500-Job Florida Expansion
2/26/13 - NAVY FCU Increases Rate To 3.50%
2/8/13 - Problem With Interest Checks From Navy Federal
1/7/13 - Long-Term CD Rates Fall at Navy Federal But Remain Competitive
1/4/13 - Add-On IRA CDs
9/17/12 - Special CD Rate and Other Deals for Navy Federal's Members Appreciation Week
9/17/12 - Navy Fed Member Appreciation Week
9/5/12 - Navy Federal To Hold First-Ever Worldwide Member Appreciation Week
9/4/12 - CD Rates Fall at Navy Federal But Remain Competitive
8/30/12 - Can A CD With Joint Owners Have A Beneficiary?
6/29/12 - Referral Bonus
5/1/12 - New CD Rates and Tiers at Navy Federal Credit Union - Limited Membership
4/12/12 - Top CD & IRA CD Rates at Navy Federal - Limited Membership
2/27/12 - Can Add On To Existing IRA CD Before 4/30
12/22/11 - Navy Federal's IRA CD Special & Top CD Rates - Limited Membership
11/6/11 - Navy Federal CU Now Offers Scan Deposits Service
9/13/11 - Special Easy Start 12-Mo. CD
7/29/11 - Rate Change
4/1/11 - Navy Federal Raises CD Rates Again - Available Nationwide But Limited Membership
3/1/11 - Higher CD & IRA CD Rates at Navy Federal Credit Union - Limited Membership
2/28/11 - 1 Year Easy Start CD
1/25/11 - Navy Federal Increases Special 30-Mo CD Rate, But Limits It To IRAs
12/7/10 - Rate Cut From Navy Federal Credit Union
11/18/10 - Special 30-Month CD and IRA Rate at Navy Federal Credit Union
10/31/10 - Update For Navy Federal Members Who Came From USA Fed
9/22/10 - USA Federal To Merge Into Navy Federal - Impact To Navy's FOM?
9/6/10 - Navy Federal's CD Rates Fall But Remain Competitive
9/3/10 - Top CD and IRA CD Rates at Navy Federal But Rates May Fall Soon - Limited Membership
2/4/10 - Competitive Long-Term IRA CD Rates at Navy Federal Credit Union - Limited Membership
10/26/09 - 2.60% 30-Month CD at Navy Federal Credit Union - Nationwide but Limited Membership
3/10/09 - 3.25% 6-Month CD at Navy Federal Credit Union
3/10/09 - 4.60% 30-Month IRA CD & 3.50% 6-Month CD at Navy Federal Credit Union
1/24/09 - 3.75% 6-Month CD & 5.10% 84-Month CD Continue at Navy Federal Credit Union
1/16/09 - New CD Rates at Navy Federal Credit Union
10/17/08 - 4.00% 6-Month CD at Navy Federal Credit Union
10/13/08 - 5.10% 5-Year CD at Navy Federal Credit Union
7/28/08 - 4.00% 15-Month CD at Navy Federal Credit Union
5/29/08 - Update on Navy FCU - Money Market Account, CDs and My Experience Joining
5/29/08 - Navy Federal Credit Union Updates - Eligibility and My Recent CD Issues
10/7/07 - Navy FCU Updates - Jumbo CDs and $100 Checking Account Bonus
8/12/07 - Navy FCU's 6% 10-Month CD May Be Ending Early
7/2/07 - 6.00% 10-Month CD Starts Monday at Navy FCU
7/2/07 - 6.00% 10-Month CD at Navy FCU - It's Now Official
2/5/07 - It's Official, 6.00% 15-Month CD at Navy FCU
1/26/07 - 6.00% 15-Month CD at Navy FCU Starting Feb 5th
1/22/07 - 6.25% 84-Month CD at Navy Federal Credit Union
10/27/06 - 6.00% 84-Month CD at a Multi-State CU (Navy Federal)
8/16/06 - Navy Federal Still Offering 6.25% 18-month CD
7/3/06 - 6.25% 18-Month CD at a Multi-State CU (Navy Federal)
4/12/06 - 6.01% 48-Month CD at a CU Open to All

Reviews (154)

Great Banking Experience!

I switched to Navy Federal Credit Union about 3 years ago because I was very unhappy with my bank after it was purchased by a larger bank. I really enjoy banking with NFCU. It's such a different banking experience than I've had before. Not only did I open a checking account, but also a savings account because you automatically get one. Transfers between my savings and checking happens instantly, and transfers to external accounts typically only take a day. The customer service at NFCU is beyond comparable to any other bank, at least according to me! When I had to call the bank about an issue, I didn't have to sit through a million automated menus. The representative I spoke to was freindly, on point, and didn't drag out the call. Ever since I switched to NFCU, I have had nothing but compliments to the bank. I will continue to be a loyal customer for many years to come.

Moronic Customer Service - Power Of Attorney

In attempting to establish a power of attorney, we submitted a power of attorney that stated it covers "all bank accounts" and "all assets." Navy Federal would not accept it because it did not specifically reference IRAs.

We happened to have a second power of attorney. A mistake was made and first the blank POA was sent, without signatures. When the correct copy with signatures was sent, Navy Federal refused to accept it and told us to have another copy signed.

Absolutely moronic. Why would a copy signed in August 2017 be unacceptable, but a copy in December 2017 be acceptable? And, the first power of attorney should have been enough.

Navy Federal has the periodic CD special, but that is the only good trait I have noticed.

Our Family Saving Is Gone!!!

Posted by: maoye237 | Aug 11, 2018

Our family saving is gone thanks to NFCU's unwillingness to admit to its security flow and it's profit first strategy.

Someone somehow gained access to our NFCU check account and transferred $4,500 from our checking account to a Bank of America Account that does not belong to us in less than 24 hours. Strangely unlike all the other banks, there is no verification involved when trying to transfer money out of account....We noticed the problem in less than 24 hours and it still didn't matter.

NFCU's response? Since the transfer was initialized from one of our devices according to their IT, it is highly likely we made this transfer to this external account that does even belong to us, so fraud claim denied!! Whats worst is they refuse to provide us with the info for our police report unless we obtain court order, making rude comments about we still have plenty in our check.

After being a member for over 10 years, we always thought we were lucky to have NFCU because we served this country, we honestly wish we have the worst bank in the world right now than NFCU.

We will be dedicating the rest of our life spread the good work you are doing, so good luck trying to block us, YOU PICKED A FIGHT WITH THE WRONG MARINE!!!

My time with Navy Federal

In 2002, while I was in the United States Marine Corps, I joined Navy Federal Credit Union. I was with this Credit Union from 2002-2007. I was issued an ATM card and later a ShareCheck card. Navy Federal was able to effortlessly establish a link with my command to set up a direct deposit system that never failed. Not even once. My ShareCheck card caused me no issues and allowed me to make purchases with no issues. All of my experiences with representatives were positive, though few, given the fact I had very few issues with them and little or no reason to deal with them. Additionally, when I took a loan from NFCU, I was able to set up a system where the 1000 dollar loan was paid off via an automatic deduction of 50 dollars per paycheck for 10 months.

The only minor negative problem I had with NFCU was I had to periodically update my address and my ShareCheck card was placed on hold when I forgot to do so. Though the representatives were quite pleasant and easy to deal with, having my card not work when I went to make a purchase was a minor inconvenience. This happened twice.

VIEW MORE REVIEWS

Health

Health Grade Components

Overall
NCUA #5536
Year Chartered1947
Employees15738
Primary Regulator
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD13.19%
Annual Interest Income$0
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$91.79B$82.04B
LoansQ2 2018vs Q2 2017$69.38B$61.22B
DepositsQ2 2018vs Q2 2017$68.30B$60.45B
Equity CapitalQ2 2018vs Q2 2017$10.57B$9.55B
Loan Loss AllowanceQ2 2018vs Q2 2017$1.43B$1.20B
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$640.4MM$572.5MM
Real Estate OwnedQ2 2018vs Q2 2017$21.3MM$12.8MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

3 Year Variable CD 2.79% APY

aaflygirl   |  
Is this new? In disclosures it says "A new 3-Year Variable Rate is effective every first Monday of each month. Rates for 3-Year Variable Certificates may change on the Certificate’s anniversary dates (at 12 and 24 months) from the purchase date."
Doesn't say what the rate is tied to. Does someone know? Does it change every first Monday of the month or just at 12 and 24 months?

Returns Now Up To 3.25% APY

Nguyen   |  
Navy Federal CU currently offers CD up to 3.25% APY.
Term $1K minimum
APY*
$10K minimum
APY*
$20K minimum
APY*
$50K minimum
APY*
$100K minimum
APY*
Short-Term Certificate Rates (Click an APY to update the Certificate Return Estimator below.)
3 Month .60% .60% .60% .60% .70%
6 Month 1.25% 1.25% 1.25% 1.25% 1.35%
9 Month 1.50% 1.50% 1.50% 1.50% 1.60%
12 Month 2.00% 2.00% 2.00% 2.00% 2.10%
18 Month 2.35% 2.35% 2.35% 2.35% 2.45%
24 Month 2.50% 2.50% 2.50% 2.50% 2.60%
Long-Term Certificate Rates (Click an APY to update the Certificate Return Estimator below.)
3 Year 2.60% 2.60% 2.60% 2.60% 2.70%
4 Year 2.65% 2.65% 2.65% 2.65% 2.75%
5 Year 3.00% 3.00% 3.00% 3.00% 3.10%
6 Year 3.05% 3.05% 3.05% 3.05% 3.15%
7 Year 3.10% 3.10% 3.10% 3.10% 3.25%

Most CD Rates Raised

Carpline   |  
NavyFed has new CD rates as of this morning. Minimum $100k.

18 mo - 2.45%
24 mo - 2.60%

3 year - 2.70%
4 year - 2.75%
5 year - 3.10%
6 year - 3.15%
7 year - 3.25%

Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Navy Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Navy Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--IRA Share Account
0.25%$5-Share Savings Account

Navy Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.10%*$250k*-Jumbo Money Market Savings Account
OTHER TIERS: 0.25% Up to $100k | 1.00% $100k - $250k
1.10%*$250k*-Jumbo IRA Money Market Savings Account
OTHER TIERS: 0.25% Up to $100k | 1.00% $100k - $250k
0.75%*$50k*-IRA Money Market Savings Account
OTHER TIERS: 0.60% $2.5k - $10k | 0.65% $10k - $25k | 0.70% $25k - $50k
0.75%*$50k*-Money Market Savings Account
OTHER TIERS: 0.60% $2.5k - $10k | 0.65% $10k - $25k | 0.70% $25k - $50k

Navy Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$25k*-Flagship Checking
OTHER TIERS: 0.35% $1.5k - $10k | 0.40% $10k - $25k
0.45%*$25k*-Premium Business Checking
OTHER TIERS: 0.35% $1.5k - $10k | 0.40% $10k - $25k
0.05%--EveryDay Checking
0.05%--Campus Checking
0.05%--e-Checking
0.05%--Active Duty Checking
0.05%--Business Checking
0.05%--Business Plus Checking

Navy Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%*$100k*-7 Year CD
OTHER TIERS: 3.10% $1k - $100k
3.15%*$100k*-6 Year CD
OTHER TIERS: 3.05% $1k - $100k
3.10%*$100k*-5 Year CD
OTHER TIERS: 3.00% $1k - $100k
3.00%$50$3k12 Month EasyStart Certificate Special
2.82%$500-3 Year Variable Share Certificate
2.75%*$100k*-4 Year CD
OTHER TIERS: 2.65% $1k - $100k
2.70%*$100k*-3 Year CD
OTHER TIERS: 2.60% $1k - $100k
2.60%*$100k*-24 Month CD
OTHER TIERS: 2.50% $1k - $100k
2.45%*$100k*-18 Month CD
OTHER TIERS: 2.35% $1k - $100k
2.10%*$100k*-12 Month CD
OTHER TIERS: 2.00% $1k - $100k
2.00%$100-12 Month EasyStart Certificate
1.60%*$100k*-9 Month CD
OTHER TIERS: 1.50% $1k - $100k
1.35%*$100k*-6 Month CD
OTHER TIERS: 1.25% $1k - $100k
0.90%$5-3 Month - 5 Year SaveFirst Account
0.70%*$100k*-3 Month CD
OTHER TIERS: 0.60% $1k - $100k

Navy Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%*$100k*-7 Year IRA
OTHER TIERS: 3.10% $1k - $100k
3.25%*$100k*-7 Year ESA
OTHER TIERS: 3.10% $1k - $100k
3.15%*$100k*-6 Year IRA
OTHER TIERS: 3.05% $1k - $100k
3.15%*$100k*-6 Year ESA
OTHER TIERS: 3.05% $1k - $100k
3.10%*$100k*-5 Year IRA
OTHER TIERS: 3.00% $1k - $100k
3.10%*$100k*-5 Year ESA
OTHER TIERS: 3.00% $1k - $100k
2.82%$500-3 Year Variable IRA
2.75%*$100k*-4 Year IRA
OTHER TIERS: 2.65% $1k - $100k
2.75%*$100k*-4 Year ESA
OTHER TIERS: 2.65% $1k - $100k
2.70%*$100k*-3 Year IRA
OTHER TIERS: 2.60% $1k - $100k
2.70%*$100k*-3 Year ESA
OTHER TIERS: 2.60% $1k - $100k
2.60%*$100k*-24 Month IRA
OTHER TIERS: 2.50% $1k - $100k
2.60%*$100k*-24 Month ESA
OTHER TIERS: 2.50% $1k - $100k
2.45%*$100k*-18 Month IRA
OTHER TIERS: 2.35% $1k - $100k
2.45%*$100k*-18 Month ESA
OTHER TIERS: 2.35% $1k - $100k
2.10%*$100k*-12 Month IRA
OTHER TIERS: 2.00% $1k - $100k
2.10%*$100k*-12 Month ESA
OTHER TIERS: 2.00% $1k - $100k
2.00%$100-12 Month EasyStart IRA
1.60%*$100k*-9 Month IRA
OTHER TIERS: 1.50% $1k - $100k
1.60%*$100k*-9 Month ESA
OTHER TIERS: 1.50% $1k - $100k
1.35%*$100k*-6 Month IRA
OTHER TIERS: 1.25% $1k - $100k
1.35%*$100k*-6 Month ESA
OTHER TIERS: 1.25% $1k - $100k
0.70%*$100k*-3 Month IRA
OTHER TIERS: 0.60% $1k - $100k
0.70%*$100k*-3 Month ESA
OTHER TIERS: 0.60% $1k - $100k
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.