Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

Navy Federal Credit Union (federally insured by the NCUA) is one of the best institutions for the military, and it pays competitive rates on share certificates — what credit unions call CDs. It has three types of CDs: Standard, EasyStart, and SaveFirst. Your CD rate and minimum deposit will depend on which type of CD you open.