2 more

Last Updated: 04/18/2025

Navy FCU Money Market Savings Account

in Money Market Accounts from Navy Federal Credit Union

Last Updated: 04/18/2025

Rating not yet determined1 total votes

1 users recommend

Explore a similar product

Try this top product in Money Market Accounts

UFB Portfolio Money Market

Strongly recommended6 reviews

Visit Site

Compare All Money Market Accounts

Filter & compare all your options in one place.

View All Products

Highlights

APY (Annual Percentage Yield)

0.4% - 0.45%(Verified 06/21/2024)

Disclaimer popup with additional information

Minimum Balance to Earn APY

$2,500

Minimum Opening Deposit

Starting at $0

Navy FCU Money Market Savings Account Review

Navy FCU Money Market Savings Account is offered by Navy Federal Credit Union, a credit union founded in 1933 and based in Vienna, VA. Navy Federal money market account 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 0.45%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $2500.
No monthly maintenance fees. This account does not charge any monthly account fees.
No minimum initial deposit. There is no minimum balance required to open an account.

Pros & Cons of Navy FCU Money Market Savings Account

Pros

Cons

Available in 50 states and Washington, DC.
Generous dividends.
Does not offer mobile check deposits.
Insured by NCUA.
Access to physical branches.
Debit card
Access to a nationwide network of ATMs.

Not FDIC-insured.

Navy FCU 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 money market account rates?

Navy Federal money market account offers an APY starting at 0.4% and ranging up to 0.45% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

Navy Federal money market account Rates and Terms

Rates

Amount

APY (Annualized Percentage Yield)

0.4% - 0.45%

What are the fees for Navy FCU Money Market Savings Account?

Navy FCU Money Market Savings Account does not charge a monthly maintenance fee.

Navy FCU Money Market Savings Account Fees

Description

Monthly Service Fee

What is the minimum balance for Navy Federal money market account?

No minimum initial deposit. Navy Federal Credit Union does not require a minimum initial deposit to open an account.

Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.

What features and perks does Navy Federal money market account offer?

This account includes the following features:

Check Writing - Navy Federal money market account 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.
Mobile Banking Services - Navy Federal money market account allows you to manage your money through online banking and a dedicated mobile app.
Nationwide ATM network - Navy Federal money market account allows you to access your money from an ATM, a convenient feature only a few offer.

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.

Message from Navy Federal money market account

Navy Federal Credit Union was founded at the end of the Great Depression by 7 Navy Department employees who wanted to help themselves and their co-workers reach their financial goals. They envisioned a credit union that would offer loans with affordable rates and manageable terms. They wanted to encourage building financial security by providing a safe place to deposit savings and earn dividends. So they pooled their money and invited others to join. What started as a small group of naval employees with similar goals in 1933 has grown to include officers and enlisted men and women of all branches of the military, veterans, DoD employees and their family members. Today, we're proud to continue to serve the unique needs of our 10 million member-owners. The same mission that inspired our founders drives us today. We're a member-owned and not-for-profit credit union exclusively serving the military, veterans and their families. Our members are owners, not just customers, and each one of them has a vote. Because we’re not-for-profit, any surplus funds are returned to our members as dividends, reduced loan interest and improvements to our products and services. That means we have great rates, lower fees and exclusive discounts.

Elevate your savings with a Money Market Savings Account (MMSA) or a Jumbo Money Market Savings Account. MMSAs are an easy way to earn more than a basic savings account and still have all the same benefits—including easy access to your money and the ability to write checks.

Contact

Headquarters

820 Follin Ln SE

Vienna, VA 22180

Visit Site

Email Support

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

Other Services by Navy Federal Credit Union

Business Checking Accounts

Rating not yet determined (1 Review)

CD Accounts

4 products

Rating not yet determined (4 Reviews)

Checking Accounts

17 Reviews

Savings Accounts

5 Reviews

Business Loans

Rating not yet determined (1 Review)

Business Credit Cards

Rating not yet determined (2 Reviews)

Credit Cards

5 products

15 Reviews

Auto Loans

Rating not yet determined (4 Reviews)

Personal Loans

Rating not yet determined (1 Review)

Private Student Loans

Rating not yet determined (1 Review)

Home Equity Loans

6 Reviews

Home Mortgage Loans

Rating not yet determined (2 Reviews)

Auto Loan Refinancing

Be the first to rate

Other Money Market Accounts from Navy Federal Credit Union

Navy FCU Jumbo Money Market Savings Account

Rating not yet determined

Be the first to rate

APY (Annual Percentage Yield)

0.25% - 0.50%

Disclaimer popup with additional information

Minimum Balance to Earn APY

$100K

Minimum Opening Deposit

Starting at $0

Visit Site

SuperMoney Net Recommendation Score

Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.

+100

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.