Smarter Savings

Get More For Your Money
Imagine getting more for your money than what a bank provides. Higher savings rates. No or lower fees. That’s what you get from Northrop Grumman Federal Credit Union (NGFCU).
Regular Share (Savings)
Our regular savings accounts are federally insured, dividend-paying accounts that allows members to earn higher dividends while permitting immediate access to funds.
• One share ($5) minimum deposit for membership
Share Draft (Checking)
Say goodbye to a bank checking account with crazy fees. Replace it with a no monthly service charge account with:
• No per check charges or monthly service charges
• Fee-free overdraft protection may be established from your MoneyMaster Line of Credit, Regular Shares or Money Market Account
Beyond traditional checking and savings accounts, we also have a variety of additional accounts, designed to help you get the most out of your money, including:
Term Accounts
• 6 and 30 month, 1, 2, 3, 4, 5 and 7 year terms
• Bonus rates on accounts with $40,000 or more
Holiday Club Account and Other Special Purpose Savings Accounts
• The Holiday Club Account has special restrictions to encourage savings discipline.
• You can open the special purpose savings accounts for anything you need.
Youth Accounts & UTMAs
Money Market Savings
• $2,500 minimum balance
• Higher competitive yield than Regular Share Account
• No fees or withdrawal penalties
IRA Accounts
• 1, 2, 3, 4, 5 and 7-year term IRAs with $2,000 minimum deposit
• Accumulation with a minimum $5 initial deposit
• Traditional
• Roth
Coverdell Education Savings Account
NGFCU accounts are insured to at least $250,000 by the NCUA, a government agency.