RateAPY

Navy Federal Credit Union 7-Year Certificate of Deposit Earns 3.75% APY

Posted by: RateAPY Bank Rates News
May 7th, 2010

Individuals saving money for a specific goal (a car, a home, a vacation or an education) often find that a Certificate of Deposit (CD) matches their needs because each CD has a defined term and guaranteed interest rate. Financial planning can be easier when you know exactly how much interest your savings will earn.

Navy Federal Credit Union, which serves Department of Defense personnel, offers a wide range of CD rates and terms with a minimum deposit as low as $100 and as high as $100,000. Interest on each CD is compounded daily.

Navy Federal Credit Union CD Rates and Terms as of May 7, 2010

Minimum Deposit/Term/Rate/APY

$100/1-Year CD/1.24%/1.25% APY

$1,000/1-Year CD/1.24%/1.25% APY

$1,000/7-Year CD/3.54%/3.60% APY

$2,500/26-Week CD/0.80%/0.80% APY

$10,000/9-Month CD/1.00%/1.01% APY

$10,000/18-Month CD/1.54%/1.55% APY

$20,000/1-Year CD/1.39%/1.40% APY

$20,000/4-Year CD/2.62%/2.65% APY

$20,000/7-Year CD/3.68%/3.75% APY

$100,000/60- to 83- Month CD/3.10%/3.15% APY

Comparing CD rates and terms online can be the fastest way to start earning more interest on your savings.