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Alan H
Alan H (@guest_1529423)
January 9, 2023 10:40

This is an ADD-ON certificate. $50 minimum, $250,000 maximum. Also, they are not allowing IRAs for this certificate.

I really don’t have any plans of making use of this, but opened one for $50 as a “placeholder” in case my plans change in the next 15 months.

David
David (@guest_1839944)
May 4, 2024 08:29

It also has one penalty-free withdrawal.

Raymond
Raymond (@guest_1840143)
May 4, 2024 18:52

that and not sure anyone with higher interest rate still any other does share secured loan. with NFCU you can pledge CD to access money.

Panos
Panos (@guest_1841268)
May 7, 2024 10:58

Anyone know until when this rate is good for?

Nathan
Nathan (@guest_1841160)
May 7, 2024 03:09

Was thinking to open multiple 18 month certificates and treat them as no-penalty CD(s).

Lee
Lee (@guest_1840088)
May 4, 2024 15:29

Interactive Brokers sweep interest rate is 4.83 percent. No lockup period. Other brokers might similar rates via non-sweep MMFs. Hope this helps.

Jon
Jon (@guest_1840062)
May 4, 2024 14:26

.4.7% APY for 18 months. Not bad. Looks like it’s a Add-on CD. Will open one just in case there’s a sharp rate drop. Thanks DoC!

Ben
Ben (@guest_1840040)
May 4, 2024 13:13

I did the math on this because as a NFCU member I’d been using their CDs but wasn’t particularly thrilled by the 4.7% APY. However, the difference between this and a 5% offering elsewhere was so minimal that it was just easier to keep with NFCU. Plus the flexibility to add more in over time makes saving at higher rates much easier.

Dev1ldog
Dev1ldog (@guest_1840123)
May 4, 2024 17:15

At this rate, how many others have the convenience of this CD ($50 minimum, ability to add anytime after opening, one-time withdrawal, walk-in locations, and the integrity of NFCU) makes this a great CD for anyone eligible regardless of military affiliation.

Reed
Reed (@guest_1839903)
May 4, 2024 04:25

Alliant is offering 5.15% APY on 12-17 months CD. (It’s listed in the rates table as 12 months but you can choose up to 17 months).

ink_me_please
ink_me_please (@guest_1839898)
May 4, 2024 03:16

proceed to speculate, I’ll pass

Billy Bob
Billy Bob (@guest_1839783)
May 3, 2024 21:21

What is so special about this?

Jesse
Jesse (@guest_1839781)
May 3, 2024 21:17

Vanguard has 5.1% 18-month Brokered CDs available (from various banks), so this rate can be easily beaten.

abe
abe (@guest_1839901)
May 4, 2024 03:57

CDs are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per individual at each bank. 1 Brokered CDs are technically not FDIC-insured.

commonman
commonman (@guest_1839965)
May 4, 2024 09:40

Callable?

n
n (@guest_1839754)
May 3, 2024 20:10

does Navy Federal have any good checking account bonuses? Thinking of joining

TJ
TJ (@guest_1839768)
May 3, 2024 20:41
  n

No.

icemule1
icemule1 (@guest_1839868)
May 4, 2024 01:55
  n

Also keep in mind they do a hard pull to open a checking account.