navyfed0Updated April 2024. Navy Federal Credit Union is the nation’s largest credit union, with a long history of serving active military members. More recently, they have expanded their field of membership to include veterans and family members of veterans. NavyFed often offers special rates and/or features on their share certificates. Here’s a recent example:

  • Special 18-month EasyStart Certificate at 4.70% APY. Open with as little as $50. No maximum balance. Make additional deposits any time. You also get a single early withdrawal with no penalty.

I opened one with the $50 minimum because I thought the optionality was neat. If rates drop drastically, I’ll have the ability to add unlimited additional funds at 4.70% APY. If rates rise drastically, I can withdraw it all at once with no penalty. If nothing big happens (most likely scenario), I’ll only have committed $50. I already have other products with NavyFed, so it didn’t require any additional paperwork.

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Navy Federal CU: 18-Month CD at 4.70% APY w/ Add-On Deposits & One-Time No-Penalty Withdrawal from My Money Blog.

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