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frontpage Posted by addictedsaver • May 4, 2023
frontpage Posted by addictedsaver • May 4, 2023

NASA Federal Credit Union Members: High Yield Certificates: 15-Mo 5.30% APY, 9-Mo

& More ($10k minimum deposit)

5.50% APY

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Deal Details
NASA Federal Credit Union is offering for their Members: High Yield Certificates of Deposit as listed below with minimum $10,000 deposit.

Thanks to Community Member addictedsaver for sharing this deal.
  • Note: You must be a NASA Federal Credit Union member to participate in this deal. Click here for membership info and here for membership application. See Deal Editor's Notes for additional terms & conditions.
Available:
  • 9-Month Certificate 5.50% APY
  • 15-Month Certificate 5.30% APY
  • 49-Month Certificate 4.60% APY
Deal Instructions:
  1. Login to eBranch and click the eBranch Certificate Banner on the right-hand side.
  2. Select "New Certificate Account," then choose your 9-, 15-, or 49-month Certificate.
  3. Select the Account you'd like to transfer funds from along with the amount.
    • The minimum deposit for high-yield certificates is $10,000 and funds must be available in an eligible NASA Federal deposit account at time of opening.
    • There are multiple ways to deposit funds including ACH, Wire Transfers, or Mailing a Check.

Editor's Notes

Written by SaltyOne | Staff
  • About this deal:
    • All APYs current as of May 1, 2023. Comparison rates are sourced from FDIC.gov.
    • A minimum of $10,000 of new funds brought from an external source required to open all special certificates. Early withdrawal penalties apply and may reduce earnings. Credit Union reserves the right to limit deposits into this special Certificate.
    • This limited-time offer is subject to change at any time without notice.
    • Special 49-month Certificate renews automatically to a standard 48-month term at the rate in effect at the time of renewal unless instructed otherwise.
    • Special 15-month Certificate renews automatically to a standard 12-month term at the rate in effect at the time of renewal unless instructed otherwise.
    • Special 9-month Certificate renews automatically to a standard 6-month term at the rate in effect at the time of renewal unless instructed otherwise.
  • About this Credit Union:
    • NASA Federal Credit Union is federally insured by the NCUA. More info here.
  • Please refer to the forum thread for additional details & discussion.
  • Compare this rate to other CDs in the market.

Original Post

Written by addictedsaver
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
NASA Federal Credit Union is offering for their Members: High Yield Certificates of Deposit as listed below with minimum $10,000 deposit.

Thanks to Community Member addictedsaver for sharing this deal.
  • Note: You must be a NASA Federal Credit Union member to participate in this deal. Click here for membership info and here for membership application. See Deal Editor's Notes for additional terms & conditions.
Available:
  • 9-Month Certificate 5.50% APY
  • 15-Month Certificate 5.30% APY
  • 49-Month Certificate 4.60% APY
Deal Instructions:
  1. Login to eBranch and click the eBranch Certificate Banner on the right-hand side.
  2. Select "New Certificate Account," then choose your 9-, 15-, or 49-month Certificate.
  3. Select the Account you'd like to transfer funds from along with the amount.
    • The minimum deposit for high-yield certificates is $10,000 and funds must be available in an eligible NASA Federal deposit account at time of opening.
    • There are multiple ways to deposit funds including ACH, Wire Transfers, or Mailing a Check.

Editor's Notes

Written by SaltyOne | Staff
  • About this deal:
    • All APYs current as of May 1, 2023. Comparison rates are sourced from FDIC.gov.
    • A minimum of $10,000 of new funds brought from an external source required to open all special certificates. Early withdrawal penalties apply and may reduce earnings. Credit Union reserves the right to limit deposits into this special Certificate.
    • This limited-time offer is subject to change at any time without notice.
    • Special 49-month Certificate renews automatically to a standard 48-month term at the rate in effect at the time of renewal unless instructed otherwise.
    • Special 15-month Certificate renews automatically to a standard 12-month term at the rate in effect at the time of renewal unless instructed otherwise.
    • Special 9-month Certificate renews automatically to a standard 6-month term at the rate in effect at the time of renewal unless instructed otherwise.
  • About this Credit Union:
    • NASA Federal Credit Union is federally insured by the NCUA. More info here.
  • Please refer to the forum thread for additional details & discussion.
  • Compare this rate to other CDs in the market.

Original Post

Written by addictedsaver

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Top Comments

If you have an account with NASA FCU, this is a great deal. However, if you need to open an account and transfer cash in and then transfer cash out - well maybe there are better alternatives.

1. Zero Coupon (3 mo) T-bills are yielding 5.2% (Cusip: 912796XY0). You can ladder these and get up to the 9 mos if you want. The extra 0.3% at NASA (assume $10k deposit) is worth $22.

2. Munis - I am seeing Munis (around 9 mos expiration) yielding 4% - these are tax exempt, so 4% / (1-your tax rate) to get after tax yield. These 4% therefore are close to 6%, but there is some risk in munis.

3. Is it worth it - so for each 0.5% increase in yield on a CD (assume you deposit $10k), you get an extra $37. If your bank has a 5% CD and you go through the hassle (I am assuming it is a hassle) to open a new account to get the 5.5%, is the extra $37 worth it to you. That is the real qs.

Just my $0.02. Peace
Credit Unions are insured by NCUA [wikipedia.org], the credit union version of the FDIC. And NASA FCU is NCUA insured: https://www.nasafcu.com/about-us
Citizen minimum deposit requirement is $25000.

257 Comments

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May 5, 2023
9,273 Posts
Joined May 2015
May 5, 2023
texst
May 5, 2023
9,273 Posts
Is this the best rate around?
1
Global Mod
May 5, 2023
2,359 Posts
Joined May 2008
May 5, 2023
pur
Global Mod
May 5, 2023
2,359 Posts

Our community has rated this post as helpful. If you agree, why not thank pur

Quote from texst :
Is this the best rate around?
Looks like it's pretty much the top rate at the moment, along with Northern Bank Direct
2
1
May 5, 2023
716 Posts
Joined Nov 2009
May 5, 2023
imnotminkus
May 5, 2023
716 Posts

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I did this about 1.5 years ago. NASA FCU has "shared branches" with lots of other credit unions where you can make deposits/withdrawals, and also use shared ATMs just like they were NASA FCU branches/ATMs.

https://www.nasafcu.com/branches-...d-branches

Their map to search for them is funky and doesn't show results until you zoom in far enough.
1
1
May 5, 2023
1,376 Posts
Joined Jan 2015
May 5, 2023
Deal_Hunter_X
May 5, 2023
1,376 Posts
Quote from pur :
Looks like it's pretty much the top rate at the moment, along with Northern Bank Direct
So as Citizens Bank, 5.5% APY 10mo.
1
May 5, 2023
1,105 Posts
Joined Apr 2014
May 5, 2023
wwphil
May 5, 2023
1,105 Posts
are they insured by FDIC? i don't see that on their website.
1
7
May 5, 2023
716 Posts
Joined Nov 2009
May 5, 2023
imnotminkus
May 5, 2023
716 Posts

Our community has rated this post as helpful. If you agree, why not thank imnotminkus

Quote from wwphil :
are they insured by FDIC? i don't see that on their website.
Credit Unions are insured by NCUA [wikipedia.org], the credit union version of the FDIC. And NASA FCU is NCUA insured: https://www.nasafcu.com/about-us
9
May 5, 2023
716 Posts
Joined Nov 2009
May 5, 2023
imnotminkus
May 5, 2023
716 Posts
Quote from Deal_Hunter_X :
So as Citizens Bank, 5.5% APY 10mo.
Link to this offer? I don't see it.
1

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May 5, 2023
1,376 Posts
Joined Jan 2015
May 5, 2023
Deal_Hunter_X
May 5, 2023
1,376 Posts
Quote from imnotminkus :
Link to this offer? I don't see it.
See attached.
2
May 5, 2023
58 Posts
Joined Sep 2018
May 5, 2023
Adinel-RobertN
May 5, 2023
58 Posts
Quote from Deal_Hunter_X :
See attached.
Branch only
1
May 5, 2023
1,395 Posts
Joined Jun 2021
May 5, 2023
Hawaiiana
May 5, 2023
1,395 Posts
Quote from Deal_Hunter_X :
So as Citizens Bank, 5.5% APY 10mo.
i cant find this one. can u give the link?
1
May 6, 2023
166 Posts
Joined Dec 2015
May 6, 2023
NightHawk55
May 6, 2023
166 Posts
Callable?
2
May 6, 2023
520 Posts
Joined Nov 2018
May 6, 2023
Hope4Best
May 6, 2023
520 Posts

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Quote from Deal_Hunter_X :
So as Citizens Bank, 5.5% APY 10mo.
Citizen minimum deposit requirement is $25000.
7
1
May 6, 2023
199 Posts
Joined Mar 2016
May 6, 2023
K819
May 6, 2023
199 Posts

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Required hard pull for opening the account
2
2
May 6, 2023
98 Posts
Joined Nov 2019
May 6, 2023
IndigoPlastic487
May 6, 2023
98 Posts

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1 month T-Bills are going for 5.4% if you don't want to lock up your money for 9 months. Just saying.
4
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Pro
May 6, 2023
2,569 Posts
Joined Jul 2011
May 6, 2023
trooper1414
Pro
May 6, 2023
2,569 Posts
What's the risk here, as in is it similar to banks collapsing ?
5

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