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Navy Federal CD Rates
 
==> " PenFed:  Navy Federal Credit Union Best CD Rates <==
 

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Current CD rates and terms at Navy Federal Credit Union. You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

Bottom line: It never hurts to ask the teller if better rates are available when you do your homework! 
        
==>  " Navy Federal CU Money Market Certificates "   <==  as of 2/22/09

Savings Products Minimum Deposit Term Dividend Rate APY* Compounded/ Credited
Special EasyStart Certificate****
$1001 year3.92%4.00%Daily/Monthly
6-Months Money Market Certificate
$2,5006 Months
(26 weeks)
3.20%3.25%Daily/Monthly
6-Months Money Market Certificate
$10,0006 Months
(26 weeks)
3.44%3.50%Daily/Monthly
Special 30-Month$15,00030 Months4.50%4.60%Daily/Monthly
***Must maintain a minimum daily balance of $2,500 to earn dividends.



Article: Beware of Annuities



Navy Fed CU Contact Information

1-888-842-NFCU (6328)
> Toll-free Internationally varies by country
> Collect Internationally...1-703-255-8837


Mail Address
Navy Federal Credit Union
General Correspondence      P.O. Box 3000, Merrifield, VA 22119-3000
Deposits/Purchases     P.O. Box 3100, Merrifield, VA 22119-3100






It costs money to get new accounts so Banks often give you a deal if you are ready to walk out the door with a chashier's check after you close your CD. 

Definition: 
A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

Disclaimer:  Annual Percentage Yield (APY) is accurate as of the day listed and may change without notice.  Contact the credit Union directly to get current rates, fees and terms.  Fees may reduce earnings. Penalty may be imposed for early withdrawal.





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