NASA FCU 3.2% APY 15-Month CD [Nationwide]

The direct link isn’t working

If you apply online, they require uploads of your drivers license and social security card.

Early withdrawal penalty is 182 days of dividends FYI

https://www.nasafcu.com/pdf/CertificateTerms.pdf

Early Withdrawal Penalties. Withdrawal of funds from your certificate account before maturity
will result in the loss of 180 days* of dividends on the amount withdrawn. If the funds withdrawn
bring the balance below the required minimum, the certificate must be redeemed and 180 days* of
dividends will be forfeited. If the amount withdrawn has been in the account less than 180 days,*
all dividends on the amount withdrawn will be forfeited, and if the term of the certificate is under
180 days,* the penalty is no dividends. Penalties shall not be applied if the withdrawal is made: (1)
subsequent to the death of any owner of the certificate account; or (2) as a result of the voluntary
or involuntary liquidation of the Credit Union; or (3) pursuant to a mandatory (automated)
withdrawal of an Individual Retirement Account (IRA) required minimum distribution (RMD). There
are no penalties for withdrawing dividends paid on the account. Upon renewal only the dividends
earned after the renewal date are available for withdrawal without penalty.
*182 days for certificate accounts with terms up to 24 months and 365 days for certificate
accounts with terms greater than 24 months (effective for new certificates and certificate
renewals on and after November 1, 2016).

This is the correct link: https://www.nasafcu.com/open-certificate/

I would do this if they had a checking account promotion to go with it. While the CD Rates are nice, I can’t justify going through the approval process + Hard inquiry for it….

Plus with more fed rate hikes, CD rates will likely only go higher.

Called them and CSR stated that they do a hard pull from Experian when opening an account.

Aryanna in NASA FCU web chat says there is no maximum on these CDs.

Cool rate. Not so great feedback on their customer service though, https://www.depositaccounts.com/banks/reviews/nasa-federal-credit-union.html

I get 3.33% from Heritage Bank for a checking account. I don’t see the point of locking up my money in a CD for 3.25%

What if you’re self employed? The sign up is saying that we have to have a direct deposit savings account to join……? I don’t do direct deposit, so how can I take advantage of this? Any suggestions? Thank you for your time everyone.

3.25% is a great rate for a short term CD but so many hoops to jump through. Join the National Space Society. Establish a primary savings account – including setting up a direct deposit. Then open the CD. Compared with a 2.4% CD from Capital One, thats about an extra $85 per 10K deposited. Life’s too short.

I wanted to avoid the 630 debit purchases and monthly hoops that 4 of my 3% Rewards Checking accounts would require during the next 15 months so I put their money into 4 NASA FCU 3.25% 15-month CDs. My NASA FCU experience was easy and pleasant. I got online account access same day I applied and thanks to NASA FCU participating in co-op shared branches I opened and funded two 15-month CDs the next day and two more a day later (funds moved as fast as a wire transfer but free!). If I’d known earlier about moving funds at a shared branch I could have opened and funded the first two CD’s on the day I applied and had my NASA member number. Unlike some others’ comments here I had no ‘hoops to jump through’, the NASA FCU free Savings account does not require direct deposit, I wasn’t asked for notarized copies of SS card and DL, no hidden fees ( https://www.nasafcu.com/schedule-of-fees/ ), good Customer Service. The online application process took my info, gave me free complimentary membership to the National Space Society, let me upload my DL and a current address docs, approved me and gave me my Savings account/member number which I used to immediately enroll in online banking access. Credit Card funding: Application option allows initial funding of Savings via credit card up to $500 so I did $500 on Citi Double Cash to get $10 back (2%) to cover the $5 that must stay in Savings while I’m a member. One method to fund these ‘new funds’ 15-month CDs is from new funds deposited to your NASA Savings where it’s considered new funds for 30 days. I initially planned to use ACH to push my Rewards accounts’ funds into Savings but because of a comment I looked into co-op shared branches and used that to move the funds much faster than ACH. NASA FCU participates in co-op shared branching (see links below), so instead of using ACH I used a participating local credit unions’s branch office (I’m not a member of it) to instantly (and free) transfer my funds from two other participating CUs into my NASA FCU Savings account. Then I called NASA customer service and had them open 15-month CDs with those funds. Much quicker than defining and verifying NASA FCU as an external account to Ally, ACH the funds to Ally and then… Read more »

Been over 2 weeks since I joined the credit union and no sign of a hard pull as some reported. Nether credit.com nor creditKarma has reported a new hard pull inquiry.

Shoot they pulled this offer for a lower 2.75% :'(

Will calling them and asking to match the previous month’s offer work?