I have had a wonderful experience with Navy Federal Credit Union. They have excellent information available, the best rates you can find. I always get direct answers from them and fast service whether I am using their website or visiting them in person. I love that my savings account as such good interest rates and that it is so easy to set up allotments or transfer funds to and from the account. On the website I am able to drag whatever amount I want into another account. It is very convenient. Opening the account was very easy, I just walked into my local branch and handed my ID card. I also got $50 for my account for opening it and another $50 for my husband's account since he referred me. I believe they have that kind of promotion at least twice a year. I've gotten it as we've opened savings accounts for both of my children as well. They have no minimum so you don't have to worry about getting charged if you don't have enough money in your account.
I love my navy federal credit union savings account. It's so easy to transfer money between my husband's account and mine by using their online banking website and phone applications. When there was suspected fraud on my account the bank worked quickly with me to resolve the issue. I also love that it offers good rates for military members to honor their service
I am prior military but it is thanks to my sister that I was able to join NFCU. Now I am passing this great opportunity to my kids by giving them their very own savings accounts. The employees are friendly and I love that they take the time to deal with my kids (6 and 8). Love that there are no penalties if you balance is low and they also offer great rates on mortgage loans and credit cards. If you are eligible to get an account there now, get it! Or you will be like me and have to figure out another way in. Only bad thing is, they don't have many locations.
I recently switched to Navy Federal from USAA and I have to say I love Navy Federal the fact that they are a credit union means they are non profit organization unlike USAA. Ever since I opened the account it has been nothing but a breeze and customer service treats you like your in VIP it is amazing.
I really enjoy this savings account! I am not like most people where I don't actually touch the savings. It is so hard to save money since we usually live paycheck to paycheck and I like that we aren't penalized for withdrawing money and we don't have to keep a minimum in the account. I never understood that. I know that they are a business but why should I have to keep a certain amount saved? It's my account and what I can save and what I want to save. I have absolutely no complaints with Navy Federal.
I've been a member of the Navy Federal Credit Union since I was a child. My father set up my very first savings account here, and I've kept it going ever since. In the beginning this was a great credit union, but over the years, they have seem to gone down hill. Their interest rates are higher than a lot of places, so I usually tend to do loans, and things like that somewhere else. Due to the slump they have seem to fallen into, I've actually considered closing this account out for good.
My father was in the military and I was fortunate enough to be blessed with the ability to be a part of Navy Federal Credit Union. I have multiple accounts and credit cards with Navy Federal and one of those is their savings account. It has reasonable interest and allows for multiple transfers a month. There are no fees and the customer service is always excellent. I would recommend NFCU to anyone that is eligible for their services!
I have had my Navy Federal Savings Account since I was about 5 years old, and nothing has changed. The service is excellent, six transfers a month is the right amount for all the locations they have around, and my savings account can have no money, and will not be closed.(I am a college student) I will soon have my credit card from them as well, and the interest rate is actually perfect for me.
I have had this savings account since at least 1991 and have no regrets about it. Although I also have two other savings accounts, this one gives a reliably high interest rate (as opposed to other accounts that offer an initial high interest rate and then take it away later) and any issues that I've had (which have been few and minor) have been very quickly remedied. Transferring to and from both internal and external accounts with NFCU is also very easy!
I’ve had a savings account with Navy Federal Credit Union for many years. I like to use this as my long term savings account because it is in an account I don’t have an easy way to withdraw my money from. The interest rates are fantastic and the few times I’ve needed to contact someone, they have been able to resolve my issues very quickly. If you are eligible to become a member of the credit union, don’t hesitate. It’s by far one of the best out there. Their rates for CDs are good, but I generally prefer more immediate access to my money in cases of emergency. I know I don’t get the return I would but feel it is worth it for the accessibility.
Unfortunately, this information is not made available on Navy’s website. Please call customer service at 888-842-6328 for more details.
Yes, NFCU has online banking. To enjoy this service you will need to enroll. Please enroll here: https://my.navyfederal.org/NFOAA_Auth/enrollment.xhtml.
Navy’s Education savings accounts would be best. Please find out more here: https://www.navyfederal.org/products-services/checking-savings/savings.php.
Your shares are backed by the assets of Navy Federal. The shares in all of your individual accounts are aggregated and insured against loss for up to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency.
This information is not publicly available for non-members, please call customer service at 1-888-842-6328.
You may withdraw funds from your savings account under the following conditions: in person, by mail, or by automatic teller.
In the event that in a given week, for this product, there were multiple applicable rates in our database based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify with the issuing institution (i.e. bank, credit union, other lender) the rates, fees, and all terms and conditions accompanying the application.