Navy Federal Credit Union's Certificate of Deposit Rates for June 2025: An Overview
navy federal credit union's cd rates are killer, y'all! At 4.35%, they surpass the national average by a significant margin. With terms ranging from three months to seven years, you can find a cd that suits your savings goals.
Compare these rates to some top high-yield cd offers though. In 2025, some institutions offered rates as high as 4.60% APY. While navy federal offers competitive rates, it's important to consider other factors when choosing a CD.
Keep in mind that there's a minimum deposit requirement for navy federal's CDs, ranging from $50 to $100,000. You can earn a slightly higher APY with a deposit of $100,000 or more, depending on current rates.
As with most CDs, there's an early withdrawal penalty if you decide to withdraw your money before the CD matures. Navy federal's early withdrawal penalties are somewhat lenient compared to others:
- CD terms of 1 year or less: Forfeit all dividends for 90 days or from the date of purchase or renewal-whichever is less.
- CD terms over 1 year: Forfeit all dividends for 180 days or from the date of purchase or renewal-whichever is less.
- CD terms of 5 years or higher: Forfeit all dividends for 365 days or from the date of purchase or renewal-whichever is less.
Pros of navy federal CDs:
- Competitive interest rates
- Flexible terms
- Lower early withdrawal fees
Cons:
- Must meet membership qualifications (military, veterans, or their families) to invest in CDs
- May find higher rates elsewhere
Navy federal credit union, established in 1933, specializes in serving military members, veterans, and their families. The not-for-profit federal credit union offers a range of financial products, including CDs with rates that often surpass the national average. Eligibility for membership is limited to those who have ties to the armed forces, Department of Defense, or National Guard-either themselves or through a family or household member. With over 12 million members worldwide, navy federal is the largest credit union in the world.
If you're seeking alternatives to navy federal CDs, consider high-yield savings accounts, high-yield checking accounts, certificates of deposit (CDs) from other financial institutions, money market accounts, or treasury securities. Keep in mind that some government-backed investments, like treasury securities, may provide liquidity and higher rates. As always, shop around to find the best rates that suit your financial needs.
- Navy Federal Credit Union's CD rates, at 4.35%, are higher than the national average and offer flexible terms, but some financial institutions in 2025 provided rates as high as 4.60% APY.
- Navy Federal CDs have minimum deposit requirements ranging from $50 to $100,000, and higher APYs can be earned with deposits of $100,000 or more.
- Navy Federal CDs have early withdrawal penalties of forfeiting dividends for 90 days for terms of 1 year or less, 180 days for terms over 1 year, and 365 days for terms of 5 years or higher.
- Navy Federal Credit Union specializes in serving military members, veterans, and their families and is the largest credit union globally, but alternatives in personal-finance such as high-yield savings accounts, certificates of deposit (CDs) from other financial institutions, money market accounts, or treasury securities may provide higher rates or liquidity.
