Navy Federal Credit Union has a Special EasyStart Certificate that earns 2.9 percent annual percentage yield (APY). The certificate of deposit (CD) has a 12-month term and requires a minimum opening deposit of $50. Other details include:
- Add minimum of $15 each month
- Maximum balance of $3,000
- Penalty for early withdrawal
- One Special Easy Start Certificate per member
If you are 18 or older you must have direct deposit of net pay, with a minimum per direct deposit of $300. You also must have a Navy Federal checking account. Not meeting the requirements reduces the CD rate to the prevailing standard rate. When the CD matures it renews to a $100 minimum standard EasyStart Certificate unless you specify otherwise.
The credit union offers other CD rates and terms that range from six months to seven years. It also has several checking accounts, and some of them pay interest. Members of the credit union can fill out an account application online.
Navy Federal Credit Union serves members of the Army, Navy, Marine Corps, Air Force, Department of Defense and their families. The credit union has been operating since 1933.

