Membership in Northrop Grumman Federal Credit Union means co-ownership in one of the strongest credit unions in the country.

IRA

The promotional rates for the 9-month, 18-month, 30-month and 60-month term accounts and bonus term accounts shown here are available only to members in good standing as of January 31, 2010; their eligible family members; employees and retirees of Northrop Grumman Corporation and the Los Angeles Metro, and their eligible family members, who are not current members, but join during the promotional period.

IRA Savings

Rate
APY†
Average Daily Balance Minimum to Obtain APY
IRA Accumulation 0.75% 0.75% $100.00
Money Market IRA 1.25% 1.26% $2,500.00

IRA Term Savings**

Rate
APY†
Average Daily Balance Minimum to Obtain APY
9-Month†† 1.77% 1.7844% $2,000.00
One-Year†† 1.62% 1.6321% $2,000.00
18-Month†† 2.29% 2.3142% $2,000.00
Two-Year†† 1.90% 1.9166% $2,000.00
30-Month†† 2.78% 2.8157% $2,000.00
Three-Year†† 2.27% 2.2938% $2,000.00
Four-Year†† 2.53% 2.5595% $2,000.00
Five-Year†† 3.28% 3.3298% $2,000.00

Bonus IRA Term Savings**

Rate
APY†
Average Daily Balance Minimum to Obtain APY
9-Month†† 2.02% 2.0388% $40,000.00
One-Year†† 1.87% 1.8861% $40,000.00
18-Month†† 2.54% 2.5698% $40,000.00
Two-Year†† 2.15% 2.1713% $40,000.00
30-Month†† 3.03% 3.0724% $40,000.00
Three-Year†† 2.52% 2.5493% $40,000.00
Four-Year†† 2.78% 2.8157% $40,000.00
Five-Year†† 3.53% 3.5877% $40,000.00
**A penalty will or may be imposed for early withdrawal
*If minimum balance requirements are not met, fees could reduce the earnings on these accounts.
†Annual Percentage Yield
††Rates displayed are subject to change without notice. Every effort is made to ensure these rates are accurate; exact rates are available at the Credit Union.
Mailing Address
Box Number 47009
Gardena, CA 90247-6809
Call Center
800-633-2848
Monday - Friday
7 a.m. - 6 p.m. Pacific
©2009 Northrop Grumman Federal Credit Union. All Rights Reserverd.