RateAPY

Navy Federal Credit Union CD earns 3.00 percent APY

Posted by: RateAPY Bank Rates News
August 1st, 2011

A certificate of deposit (CD) pays a guaranteed rate of return as long as you do not withdraw your money before maturity. CDs are FDIC insured, making them one of the safest places to keep your money. You can choose the term that meets your needs as long as you have enough saved up to meet the minimum balance requirements.

Navy Federal Credit Union is currently paying 3.00 percent APY on its Easy Start Certificate. To qualify, you must be a member of the credit union, which is open to members of the military, Department of Defense employees and their extended families.

The Easy Start Certificate requires a minimum deposit of $50 and a maximum balance of $3,000. Members must have a direct deposit made to a Navy Federal checking account and an automatic transfer of at least $15 into the certificate within 90 days of opening the account.

Compare CD rates and terms online to find the best interest rates and be sure to check out the special CDs offered by various financial institutions.