Last Updated: 04/18/2025
Navy FCU Jumbo Money Market Savings Account
Claimed
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Money Market Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
0.25% - 0.50%(Verified 06/21/2024)
Disclaimer popup with additional information
Minimum Balance to Earn APY
$100,000
Minimum Opening Deposit
Starting at $0
Navy FCU Jumbo Money Market Savings Account Review
Navy FCU Jumbo Money Market Savings Account is offered by Navy Federal Credit Union, a credit union founded in 1933 and based in Vienna, VA. Navy Federal Jumbo money market are available in 50 states and Washington, DC.
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.50%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $100000.
- No minimum initial deposit. There is no minimum balance required to open an account.
Pros & Cons of Navy FCU Jumbo Money Market Savings Account
| Pros | Cons |
|
|
Navy FCU Jumbo Money Market Savings Account FAQ
Are money market accounts from Navy Federal federally insured?
Yes, your money market accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
What are the dividends for Navy Federal Jumbo money market rates?
Navy Federal Jumbo money market offers an APY starting at 0.25% and ranging up to 0.50% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $100000.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.25% - 0.50% |
What are the fees for Navy FCU Jumbo Money Market Savings Account?
Navy FCU Jumbo Money Market Savings Account does not charge a monthly maintenance fee.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Navy Federal Jumbo money market?
No minimum initial deposit. Navy Federal Credit Union does not require a minimum initial deposit to open an account.
Interest rate minimum balance of $100,000. You must keep the account balance above $100,000 to earn interest.
What features and perks does Navy Federal Jumbo money market offer?
This account includes the following features:
- Check Writing - Navy Federal Jumbo money market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Fraud monitoring - Navy Federal Credit Union monitors transactions for potentially fraudulent activity.
What is the customer service phone number?
The customer service number for this account is .
What is the support contact email?
The support contact email for this business credit card is info@navyfederal.org.
How to open an account with Navy Federal Credit Union
- Visit the Navy Federal Credit Union website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
7:00AM - 5:00PM
Tuesday
7:00AM - 5:00PM
Wednesday
7:00AM - 5:00PM
Thursday
7:00AM - 5:00PM
Friday
7:00AM - 5:00PM
Saturday
Closed