Tuesday, January 02, 2007

6.00% Navy Federal Credit Union 7 Year Share Certificate Update

Navy Federal Credit Union continues to offer a rate of 6.00% apy on a 7 year share certificate. I originally posted about this certificate back in October. The minimum deposit for this rate is $20,000. Lesser deposits starting at $1,000 earn 5.75% apy. These rates apply to both regular and IRA certificate shares.

Field of membership for Navy Federal includes all Department of the Navy Personnel among others. See site for details. Navy Federal makes it easy for eligible family of current members to apply for new accounts. You just need the name, birth date, and social security number of a current member when you apply online. You then can add any additional members who are eligible by virtue of your membership on the same application. See site for details.

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