Featured 1-Year CD Rates

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2.15*%$100k-Navy Federal Credit Union7 Year CD
OTHER TIERS: 2.10% $1k - $100k
2.10*%$100k-Navy Federal Credit Union6 Year CD
OTHER TIERS: 2.05% $1k - $100k
2.05*%$100k-Navy Federal Credit Union5 Year CD
OTHER TIERS: 2.00% $1k - $100k
1.85*%$100k-Navy Federal Credit Union4 Year CD
OTHER TIERS: 1.80% $1k - $100k
1.70*%$100k-Navy Federal Credit Union3 Year CD
OTHER TIERS: 1.65% $1k - $100k
1.60*%$100k-Navy Federal Credit Union24 Month CD
OTHER TIERS: 1.55% $1k - $100k
1.45*%$100k-Navy Federal Credit Union18 Month CD
OTHER TIERS: 1.40% $1k - $100k
1.30*%$100k-Navy Federal Credit Union12 Month CD
OTHER TIERS: 1.25% $1k - $100k
0.85*%$100k-Navy Federal Credit Union9 Month CD
OTHER TIERS: 0.80% $1k - $100k
0.75*%$100k-Navy Federal Credit Union6 Month CD
OTHER TIERS: 0.70% $1k - $100k
0.55*%$100k-Navy Federal Credit Union3 Month CD
OTHER TIERS: 0.50% $1k - $100k
Accounts mentioned in this post. Rates as of August 22, 2017.

New CD Rates and Tiers at Navy Federal Credit Union - Limited Membership


Navy Federal Credit Union has changed its CD rate tiers and it has added a new 6-year term. Also, some CD rates are higher. In the past, there were only 3 rate tiers for CDs: $1K, $20K and $100K. In addition, the $100K tier didn't have the highest rates for terms over 5 years. There are now 5 rate tiers: $1K, $10K, $20K, $50K and $100K. Below are the new rates for the $100K minimum deposit as listed at the Navy Federal certificates rates page as of 5/1/2012:

  • 2.75% APY 7-year CD
  • 2.50% APY 6-year CD
  • 2.25% APY 5-year CD
  • 1.85% APY 4-year CD
  • 1.60% APY 3-year CD
  • 1.25% APY 2-year CD
  • 1.15% APY 18-month CD
  • 1.05% APY 1-year CD
  • 0.90% APY 9-month CD
  • 0.80% APY 6-month CD
  • 0.70% APY 3-month CD

The $50K tier has long-term CD rates that are 10 basis points lower. For the short-term CDs (terms of 2 years and shorter), the rates are 5 basis points lower. The rates drop 5 basis points for each of the lower tiers. These same rates also apply to IRAs.

For those who plan to deposit at least $100K, this is a nice change. Before this change, the highest 7-year CD rate was 2.70% APY for a $20K minimum deposit. The 7-year CD rate for a $100K minimum is now 2.75% APY, but it's only 2.60% APY for a $20K minimum.

The addition of the 6-year term is also a nice change. For those who plan to deposit at least $100K, they can earn 2.50% APY for the 6-year CD. That's the same rate as PenFed's 7-year CD.

One thing I just noticed on Navy Federal's certificate application (pdf) that it shows a different early withdrawal penalty for Jumbo certificates. However, this application appears to be an old version that doesn't take into account the new terms and tiers. I'll have to investigate if there are any updates to the early withdrawal penalties.


Unlike PenFed, there's no association that can be joined to qualify for Navy Fed membership. To be eligible to join Navy Fed, you must have some connection with the military. This includes Navy, Army, Marine Corps and Air Force. Please refer to their Eligibility Checklist for the full details.

Navy Federal Overview

Navy Federal Credit Union branches are located around the US and the world.

Navy Federal is the largest credit union in the nation with $46.93 billion in assets and $33.64 billion in deposits. It has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 8.24% (above average) based on December 2011 data. Please refer to our financial overview of Navy Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 5536).

How These CD Rates Compare

The highest 7-year CD rate that's available to everyone is 2.50% APY at Pentagon Federal Credit Union. The best 5-year CD rate is 2.25% APY at McGraw-Hill Federal Credit Union and Affinity Plus Federal Credit Union. These rates are accurate as of 5/1/2012.

Searching for Top CD Rates

To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.

Related Pages: Navy Federal Credit Union, CD rates, IRA rates

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lou   |     |   Comment #1

The early withdrawal penalties look to be the same for jumbo and non-jumbo certificates. Where do you see a change?
KenBDG   |     |   Comment #2
The following EWP details are listed in this certificate application (pdf):

FOR JUMBO CERTIFICATES (only) – If funds are invested in a Jumbo Certificate with a term
of 60 to 84 months, penalties for early withdrawal are the lesser of:
1. All dividends for 365 days on the amount withdrawn; or
2. All dividends on the amount withdrawn since the date of issuance or renewal.

For non-jumbo CDs, it appears the EWP is only 180 days of interest for terms over 5 years. This doesn't seem right especially considering the recent changes. I just sent a secure message asking about this, and I will update once I receive a reply.
mak1118   |     |   Comment #3
Looks like Navy Federal took over Pentagon Federal for highest rates........thanks Ken for the heads up on that merger back then.
Anonymous   |     |   Comment #4
You missed this, it is under the greater than 1 year.


Certificates with Maturities Greater than Five Years 

An amount equal to the lesser of: 

(a)All dividends for 365 days on the amount withdrawn; or 

(b)All dividends on the amount withdrawn since the date of issuance or renewal. 


lou   |     |   Comment #5
Yes, ken, I see what you're talking about. The language for the non-jumbo certificates says after 5 years, however, it states 60 to 84 months for the jumbo certificates. I would think this must be an inadvertent mistake on their part