Navigator Credit Union offers a very attractive interest rate for their member share savings account. You can earn an interest rate of 2.273% APY when you become a member and open this best savings account. It is very rare to find such high interest rate offered by any banks or credit union’s for their savings account, so I suggest that you take advantage of this now.
Since this high yield savings account is a membership share account, you are required to maintain it open and in good standing at all times to avoid termination of your membership. The savings account requires a very minimal opening deposit of only $5. The earnings of this money in the bank deal are compounded and paid monthly. Take note that the interest rate may change anytime without prior notice.
The credit union complies with the Federal regulations which allows you to make up to 6 transfers or withdrawals to another account or to third party by means of pre-authorized transfers, automatic, phone, or online per month. Three of the six transfers or withdrawals to third party can be made through check, debit card, or draft per statement cycle. In case you exceed the limitation, a fee may be charge per transaction.
Membership with Navigator Credit Union is open to the following individuals and business or other legal entities:
- current employees, retirees and their immediate family working for Huntington Ingalls Industries Incorporated and their affiliated entities
- individuals residing, working, attending school in, or worshiping in some portions of Gulfport, Mississippi as well as the counties of Baldwin or Mobile, Alabama
- federal government employees, retirees, and their immediate family working for Jackson, Mississippi
- employees, retirees and immediate family membership working for small business located in the counties of Harrison or Jackson, Mississippi
You can apply for membership by simply stopping by to one of their convenient locations and complete their application form. You may download the application form at the credit union’s website. Please do not forget to bring your driver’s license, social security card, or other form of valid photo identification. Aside from your initial deposit on your member share savings account, you also need to pay $10 for their one time membership fee.
Once you are a member of the credit union, you can take advantage of their free online banking in managing your account, paying your bills and viewing your electronic bank statement. You can also use their free telephone banking as another means of accessing your account.
You may contact the credit union first before visiting their office if you still have questions with regard to their savings account, current interest rates, field of membership, or requirements at 800 344-3281. Navigator Credit Union has branches located in the cities of Gautier, Vancleave, Gulport, Pascagoula, Ocaen Springs, and Moss Point in the state of Mississippi. They also have 2 branches located in Mobile, Alabama.
Navigator Credit Union has been assisting it members with their financial needs since 1939. They are considered as the 2nd largest credit union in the state of Mississippi with 38,510 members and has reached over $255 million in declared assets. The credit union is insured with the National Credit Union Association and has a charter number 63637.
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