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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

Navy Fed’s New Special Certificate: 3.00% APY 5-Month ($10K Max) - 7/31/2017

Navy Federal Credit Union’s (Navy Fed) has come out with another high-rate add-on certificate special. This new one has a 3.00% APY with a term of 5 months.

3% 5 Month Taxable CD - $10K Max - 7/31/2017

my understanding is that this is for taxable accounts only. Very short term, but better than money market rates.

Navy Federal Increases 2-Year IRA CD Rates - 6/7/2017

Navy Federal Credit Union made an unusual rate increase this week. Its 2-year IRA certificate rates increased 20 bps. The new 2-year IRA certificate rates: 1.76% APY minimum $1,000 1.80% APY minimum $100,000 There was no change to the standard 2-year CD rates. These rates are: 1.55% APY minimum $1,000 1.60% APY minimum $100,000

View all posts from:

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
9/23/10 - USA Fed Members Soon To Become Navy Federal Members: Opportunity to Join Navy Federal?
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 (129)

My Banking Experience With Navy Federal Credit Union

I have been a member at Navy Federal Credit Union all my life. I have used several of their products throughout my childhood and into adulthood and have always been completely satisfied. My needs have been met continuously as I've gotten older and more mature. I have never paid a fee for my checking account and they have a feature that keeps me from overdrafting my account by pulling money from my savings to avoid their overdraft fee. Their line of credit option is also really great because it prevents me from having to worry about overdrafting or bounced checks. I have opened several CDs at Navy Federal that each earn 3% interest which is great. When I married my husband, I made sure that he opened an account as well as one for our daughter. I will always be a member of Navy Federal Credit Union.

Navy Federal: Great for Military & their family.

Easily the best bank account my husband and I have had. My husband has been in the service for 8 years now and he was the first to have this account. They allowed him to have his money deposited while he was in boot camp, making his money safe while he was away. Over the years we have pulled out loans for cars & personal loans. They offer the lowest rates our family needed at the time. Once i became a member Navy Federal helped me improve my credit score with a secured credit card. They make it easy to access the app online, or visiting a local bank. Being in the military we travel alot so having access to a nation wide bank helps us alot. This exact bank helped me gain my freedom back from crazy debt and school loans. To this day we continue to recommend this bank over others. We are also working on getting our family members to join the security as well.

Best Bank Thusfar

I have been a Navy Federal customer for 11+ years now. I love their online interface. They changed it about 2 years ago to update with the modern age. There is a contact us feature which is undeniably good. If you forgot your password navy federal provides specific support for that. Very quick and easy to use. Navy Federal has done all they can to make your banking experience as good and even better than anywhere else out there. They also give great rates and benefits to every member no matter how long you are a member.

Navy Federal Credit Union

I started banking with Navy Federal credit union shortly after I joined the military in 2001. At boot camp we have to sign up for direct deposit but there was another bank (whose name I don't remember) that recruited us heavily. After talking with some people I decided to switch my direct deposit to Navy Federal. In almost sixteen years, I have never had a problem with them. I have been in branches in many states and several countries (Japan, United States). The staff is always polite in person, the website is easy to understand, and when my checking account was compromised I contacted customer service and they were excellent. I am not a financially savvy person, so I don't know how well my savings interest compares to other places, but I feel comfortable with the culture of Navy Federal because they understand veterans and the unique things that we have to go through. Once I had to withdraw a large sum of money (for me) maybe around a thousand dollars, and I asked the clerk if handling money ever got old. She smiled and told me that you get used to it after a while. I cannot recommend Navy Federal credit union enough.

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Health

Health Grade Components

Overall
NCUA #5536
Year Chartered1947
Employees13444
Primary Regulator
Profit Margin
Return on Assets - YTD1.5%
Return on Equity - YTD13.31%
Annual Interest Income$1.09B
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$81.55B$75.17B
LoansQ1 2017vs Q1 2016$59.08B$53.83B
DepositsQ1 2017vs Q1 2016$59.23B$52.16B
Equity CapitalQ1 2017vs Q1 2016$9.11B$8.34B
Loan Loss AllowanceQ1 2017vs Q1 2016$1.17B$982.9MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$541.4MM$476.3MM
Real Estate OwnedQ1 2017vs Q1 2016$14.9MM$18.3MM
  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% 5 Month Taxable CD - $10K Max

Anon456   |  
my understanding is that this is for taxable accounts only. Very short term, but better than money market rates.

Navy Federal Increases 2-Year IRA CD Rates

Ken Tumin   |  
Navy Federal Credit Union made an unusual rate increase this week. Its 2-year IRA certificate rates increased 20 bps.

The new 2-year IRA certificate rates:
1.76% APY minimum $1,000
1.80% APY minimum $100,000

There was no change to the standard 2-year CD rates. These rates are:
1.55% APY minimum $1,000
1.60% APY minimum $100,000

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
0.25%--Share Savings

Navy Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$100k*-Jumbo Money Market Savings
OTHER TIERS: 0.25% Up to $100k
0.60%*$100k*-Jumbo IRA Money Market Savings
OTHER TIERS: 0.25% Up to $100k
0.55%*$50k*-IRA Money Market Savings
OTHER TIERS: 0.40% $2,500 - $10k | 0.45% $10k - $25k | 0.50% $25k - $50k
0.55%*$50k*-Money Market Savings
OTHER TIERS: 0.40% $2,500 - $10k | 0.45% $10k - $25k | 0.50% $25k - $50k

Navy Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$25k*-Flagship Checking
OTHER TIERS: 0.35% Up to $10k | 0.40% $10k - $25k
0.45%*$25k*-Premium Business Checking
OTHER TIERS: 0.35% Up to $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
3.00%$50$3k12 Month Special EasyStart Certificate
3.00%$50$10k5 Month Certificate Special
2.15%*$100k*-7 Year CD
OTHER TIERS: 2.10% $1k - $100k
2.10%*$100k*-6 Year CD
OTHER TIERS: 2.05% $1k - $100k
2.05%*$100k*-5 Year CD
OTHER TIERS: 2.00% $1k - $100k
1.85%*$100k*-4 Year CD
OTHER TIERS: 1.80% $1k - $100k
1.70%*$100k*-3 Year CD
OTHER TIERS: 1.65% $1k - $100k
1.60%*$100k*-24 Month CD
OTHER TIERS: 1.55% $1k - $100k
1.55%$500-3 Year Variable Share Certificate
1.45%*$100k*-18 Month CD
OTHER TIERS: 1.40% $1k - $100k
1.30%*$100k*-12 Month CD
OTHER TIERS: 1.25% $1k - $100k
1.25%$100-12 Month EasyStart Certificate
0.85%*$100k*-9 Month CD
OTHER TIERS: 0.80% $1k - $100k
0.75%*$100k*-6 Month CD
OTHER TIERS: 0.70% $1k - $100k
0.60%--3 Month - 5 Year SaveFirst Account
0.55%*$100k*-3 Month CD
OTHER TIERS: 0.50% $1k - $100k

Navy Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$50$3k12 Month Special EasyStart IRA
2.15%*$100k*-7 Year IRA
OTHER TIERS: 2.10% $1k - $100k
2.15%*$100k*-7 Year ESA
OTHER TIERS: 2.10% $1k - $100k
2.10%*$100k*-6 Year IRA
OTHER TIERS: 2.05% $1k - $100k
2.10%*$100k*-6 Year ESA
OTHER TIERS: 2.05% $1k - $100k
2.05%*$100k*-5 Year IRA
OTHER TIERS: 2.00% $1k - $100k
2.05%*$100k*-5 Year ESA
OTHER TIERS: 2.00% $1k - $100k
1.85%*$100k*-4 Year IRA
OTHER TIERS: 1.80% $1k - $100k
1.85%*$100k*-4 Year ESA
OTHER TIERS: 1.80% $1k - $100k
1.80%*$100k*-24 Month IRA
OTHER TIERS: 1.76% $1k - $100k
1.80%*$100k*-3 Year IRA
OTHER TIERS: 1.76% $1k - $100k
1.80%*$100k*-24 Month ESA
OTHER TIERS: 1.76% $1k - $100k
1.80%*$100k*-3 Year ESA
OTHER TIERS: 1.76% $1k - $100k
1.55%$500-3 Year Variable IRA
1.45%*$100k*-18 Month IRA
OTHER TIERS: 1.40% $1k - $100k
1.45%*$100k*-18 Month ESA
OTHER TIERS: 1.40% $1k - $100k
1.30%*$100k*-12 Month IRA
OTHER TIERS: 1.25% $1k - $100k
1.30%*$100k*-12 Month ESA
OTHER TIERS: 1.25% $1k - $100k
1.25%$100-12 Month EasyStart IRA
0.85%*$100k*-9 Month IRA
OTHER TIERS: 0.80% $1k - $100k
0.85%*$100k*-9 Month ESA
OTHER TIERS: 0.80% $1k - $100k
0.75%*$100k*-6 Month IRA
OTHER TIERS: 0.70% $1k - $100k
0.75%*$100k*-6 Month ESA
OTHER TIERS: 0.70% $1k - $100k
0.55%*$100k*-3 Month IRA
OTHER TIERS: 0.50% $1k - $100k
0.55%*$100k*-3 Month ESA
OTHER TIERS: 0.50% $1k - $100k
Locations

Navy Federal Credit Union has 297 locations. Click to view all Navy Federal Credit Union locations.