Navy Federal Credit Union
Navy Federal Credit Union is a large, federally-chartered credit union headquartered in Vienna, VA. The credit union operates 143 branches in 24 states. It has $39.6 billion in assets and roughly 3,408,500 members.
Products offered include: Share CD, IRA CD, Jumbo CD, Share Savings Account, IRA Share Account, Money Market Savings, EveryDay Checking and Flagship Checking.
Current Navy Federal Credit Union Rates
| Name | Term | APY | Min Deposit | |
| Share CD | 6 months | 0.60 % | $2,500 | |
| 6 months | 0.70 % | $10,000 | ||
| 9 months | 0.80 % | $10,000 | ||
| 1 year | 0.85 % | $1,000 | ||
| 1 year | 0.95 % | $20,000 | ||
| 18 months | 1.05 % | $10,000 | ||
| 2 years | 1.05 % | $1,000 | ||
| 2 years | 1.15 % | $20,000 | ||
| 3 years | 1.40 % | $1,000 | ||
| 3 years | 1.50 % | $20,000 | ||
| 4 years | 1.65 % | $1,000 | ||
| 4 years | 1.74 % | $20,000 | ||
| 5 years | 2.05 % | $1,000 | ||
| 5 years | 2.15 % | $20,000 | ||
| 7 years | 2.60 % | $1,000 | ||
| 7 years | 2.70 % | $20,000 | ||
| IRA CD | 6 months | 0.60 % | $2,500 | |
| 6 months | 0.70 % | $10,000 | ||
| 9 months | 0.80 % | $10,000 | ||
| 1 year | 0.85 % | $1,000 | ||
| 1 year | 0.95 % | $20,000 | ||
| 18 months | 1.05 % | $10,000 | ||
| 2 years | 1.05 % | $1,000 | ||
| 2 years | 1.15 % | $20,000 | ||
| 3 years | 1.40 % | $1,000 | ||
| 3 years | 1.50 % | $20,000 | ||
| 4 years | 1.65 % | $1,000 | ||
| 4 years | 1.74 % | $20,000 | ||
| 5 years | 2.05 % | $1,000 | ||
| 5 years | 2.15 % | $20,000 | ||
| 7 years | 2.60 % | $1,000 | ||
| 7 years | 2.70 % | $20,000 | ||
| Jumbo CD | 6 months | 0.85 % | $100,000 | |
| 1 year | 1.05 % | $100,000 | ||
| 2 years | 1.25 % | $100,000 | ||
| 3 years | 1.60 % | $100,000 | ||
| 5 years | 2.25 % | $100,000 |
Navy Federal Credit Union Membership Eligibility
Navy Federal's field of membership is determined by the National Credit Union Administration.
If you fall under any of these categories, you're eligible to join:
- All Department of Defense (DoD) uniformed personnel—Army, Marine Corps, Navy and Air Force retirees and annuitants
- All Department of Defense Reservists—Army, Marine Corps, Navy and Air Force retirees and annuitants
- All Army and Air National Guard Personnel—civilian employees, retirees and annuitants
- All DoD Officer Candidate programs—Midshipmen and cadets at the United States Naval Academy, United States Military Academy, United States Air Force Academy, United States Coast Guard Academy and the United States Merchant Marine Academy; Other Officer Programs
- U.S. Government employees assigned to DoD installations (including Coast Guard)
- All DoD civilian employees—including retirees and annuitants
- DoD contractors assigned to U.S. Government installations
- Family Members—including grandparents, parents, spouses, siblings, grandchildren, children (including adopted and stepchildren) and household members
- Once your family members have joined, they can extend the membership opportunity to their family members, too.
About Navy Federal Credit Union
Since 1933, Navy Federal has grown from seven members to over 3 million members. And since that time, our vision statement has remained the same:
You can leave the military, change employers, move, retire, get married—and never have to leave Navy Federal. "Once a member, always a member."
We are excited to announce that Navy Federal and USA Federal Credit Union (USA Fed), based in San Diego, CA, have agreed to merge. We will begin consolidating operations on October 4, 2010 under the Navy Federal banner.
This merger between Navy Federal and USA Fed is an opportunity to serve you better, in more ways and in more locations. All USA Fed's 19 branches — 8 in southern California and 11 military base branches in Japan and Korea — will become part of the Navy Federal branch network. The combined credit union will have over 200 branches worldwide, with 22 located in southern California, over $43 billion in assets and more than 3.5 million members.
As the details of the merger unfold, we will share that information with you on our website. Please join me in extending a warm welcome to our new members of Navy Federal — you have my commitment that we will continue to look out for your best financial interests and continue to provide you excellent member service each and every day.