Navy federal credit union has announced one of the best short term CD rates of 2.90% APY on their 1 year CD. This is a promotional rate is only available with the “Special EasyStartSM Certificate”.
The highlights of this CD are:
APY: 2.90%
Minimum Amount: $50
Maximum Balance: $3,000
Compounded: Daily
Term: 1 year
Deposit Insurance: NCUA
Early Withdrawal Penalty: Yes
Effective From: April 20th 2009
Valid Thru: End date not mentioned
Valid for IRA and ESA: yes
Requirements:
1. Must be a member of Navy FCU
2. Must add at least $15 each month to this CD
3. Must be at least 18 years old
4. Only one “Easy Start” CD per member is allowed
5. Must have a direct deposit of at least $300 coming into Navy FCU
This information was sourced from: www.navyfederal.org...
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