Last Updated: 04/18/2025
Navy FCU Money Market Savings Account
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Last Updated: 04/18/2025
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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
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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.
| 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.
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| Monthly Service Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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.
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Message from Navy Federal money market account
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