5% 7-year CDs at Navy FCU
If you’re looking to lock in your money for the very long term, Navy Federal has a good rate for 7-year CDs: 5.00% APY. This CD has a minumum of $20,000, although with a minumum of $1000, you could get the same CD with a slightly lower 4.85% APY. Navy FCU also has some decent 5-year CDs: 4.40% APY with $100,000, 4.25% APY with $20,000, and 4.10% APY with $1000.
Navy Federal Credit Union is open to all active duty, reservist, and retired Navy and Marine Corps (and their families), as well as civilian Navy employees and contractors. There are two Navy Federal branches in Great Lakes — at the Naval Station Great Lakes (847-785-0551) and the Recruit Training Command (866-755-4682) — but Navy Federal’s website says to call first because “members who are not assigned to or do not work on these bases may not be able to visit an on-base branch offices or use an on-base ATM.”
Long-term CDs up to 5.00% at Navy Federal
Navy Federal Credit Union has a couple very good long-term CD rates going on right now: their 7-year CDs are earning 5.00% APY and their 5-year CDs are earning 4.75% APY. Those CDs have a $20,000 minimum, but you can also get the CDs with a $1000 minimum by giving up 15 basis points. If you have even more money to invest, you can get a $100,000 CD for any term between 36 and 59 months at 4.90% APY.
Navy Federal Credit Union is open to all active duty, reservist, and retired Navy and Marine Corps (and their families), as well as civilian Navy employees and contractors. There are two Navy Federal branches in Great Lakes — at the Naval Station Great Lakes (847-785-0551) and the Recruit Training Command (866-755-4682) — but Navy Federal’s website says to call first because “members who are not assigned to or do not work on these bases may not be able to visit an on-base branch offices or use an on-base ATM.”
5.05% 60-to-84-month CD at Navy Federal Credit Union
Navy Federal Credit Union has a good long-term CD deal for those looking to lock in some money: a 5.05% CD that can be opened from 60 months to 84 months. Unfortunately, this CD requires a $100,000 minimum; the rate drops between 10 and 30 basis points for lower deposits, depending on the amount and term of the CD. On the plus side, the CD is available as an IRA certificate.
Navy Federal Credit Union is open to all active duty, reservist, and retired Navy and Marine Corps (and their families), as well as civilian Navy employees and contractors. There are two Navy Federal branches in Great Lakes — at the Naval Station Great Lakes (847-785-0551) and the Recruit Training Command (866-755-4682) — but Navy Federal’s website says to call first because “members who are not assigned to or do not work on these bases may not be able to visit an on-base branch offices or use an on-base ATM.”
6.00% CD at Navy Federal Credit Union
Navy FCU has just started offering a special 10-month, 6.00% APY CD. The minimum purchase is $10,000. There’s no end date on this promotion, so it’s probably best to act quickly if you’re interested. Navy Federal Credit Union is open to all active duty, reservist, and retired Navy and Marine Corps (and their families), as well as civilian Navy employees and contractors. There are two Navy Federal branches in Great Lakes — at the Great Lakes Training Facility and the Naval Training Center — but Navy Federal’s website says to call first because “members who are not assigned to or do not work on these bases may not be able to visit an on-base branch offices or use an on-base ATM.” Fortunately, the CD can also be opened online.
(Thanks to Bank Deals Blog.)
