Credit union · NCUA insured
Northwest Federal Credit Union Savings Rates
Northwest Federal Credit Union’s best savings rate is 0.57% APY on $10,000, with its Money Market Account. Rates checked October 22, 2026.
How Northwest Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Washington, DC-VA-MD-WV, where Northwest Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Northwest Federal Credit Union
0.57%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $57
Money Market Account
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
Northwest Federal Credit Union savings score
83
Savings score
Higher than 63% of U.S. banks and credit unions
- $1,000 balance$1,0000.57%
- $10,000 balance$10,0000.57%
- $100,000 balance$100,0000.86%
- QualifiedQualified1.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Northwest Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Rewards Savings
1.50%APY on $10,000
Available only to members who establish and maintain a Dividend Rewards or Debit Rewards Checking account. Monthly qualification criteria required to earn preferred rates: receive eStatements, post at least 12 debit and/or credit card (Platinum or First Card only) purchases, and post at least $500 in ACH deposits per monthly qualification cycle.
| Part of the balance | Rate on that part |
|---|---|
| Up to $50,000 | 1.49% |
| $50,000 and up | 0.50% |
On $10,000 the tiers blend to about 1.50% APY, earning $150 a year.
Money Market Account
0.57%APY
Dividends are compounded daily and paid monthly. No minimum balance required to open or maintain the account; $0.01 balance required to earn dividends.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Balance less than $2,500; $0.01 balance to earn dividends. | 0.57% | — | Balance less than $2,500; $0.01 balance to earn dividends. |
| $2,500 – $25,000$0.01 balance to earn dividends. | 0.57% | $57 | $0.01 balance to earn dividends. |
| $25,000 – $50,000$0.01 balance to earn dividends. | 0.65% | — | $0.01 balance to earn dividends. |
| $50,000 – $100,000$0.01 balance to earn dividends. | 0.67% | — | $0.01 balance to earn dividends. |
| $100,000 – $250,000$0.01 balance to earn dividends. | 0.86% | — | $0.01 balance to earn dividends. |
| $250,000 – $1,000,000$0.01 balance to earn dividends. | 1.34% | — | $0.01 balance to earn dividends. |
| $1,000,000 and up$0.01 balance to earn dividends. | 1.39% | — | $0.01 balance to earn dividends. |
Primary Savings
0.05%APY
Requires a $1.00 minimum balance to open and earn dividends.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and upMinimum balance to open and earn dividends is $1.00.$1 and up | 0.05% | $5 | Minimum balance to open and earn dividends is $1.00. |
| $1 and upOpening balance $1; balance to earn dividends $1.$1 and up | 0.05% | $5 | Opening balance $1; balance to earn dividends $1. |
Sources (3)
- nwfcu.org/checking-savings/savings-clubs
- nwfcu.org/files/nwfcu-deposit-rate-sheet.pdf
- nwfcu.org/files/truth-savings-disclosure.pdf
All captured Oct 4, 2026
Secondary Savings
0.05%APY
No minimum balance requirements apply to this account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo minimum balance requirements.Any balance | 0.05% | $5 | No minimum balance requirements. |
Sources (2)
All captured Oct 4, 2026
Special-purpose accounts
Youth Club Account
0.55%APY on $10,000
Youth club savings accounts include Sweet Pea (ages 0-3), Westie's Kids Club, Plan it Now, and First Rewards. Tiered dividend rates apply.
| Part of the balance | Rate on that part |
|---|---|
| Up to $1,500 | 2.25% |
| $1,500 and up | 0.25% |
On $10,000 the tiers blend to about 0.55% APY, earning $55 a year.
Sources (3)
- nwfcu.org/checking-savings/savings-clubs
- nwfcu.org/files/nwfcu-deposit-rate-sheet.pdf
- nwfcu.org/files/truth-savings-disclosure.pdf
All captured Oct 4, 2026
Savings IRA
0.20%APY
Individual Retirement Account (IRA) savings available as Traditional, Roth, and Coverdell Education Savings Accounts with no plan administration fees.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo plan administration fees. Available as Traditional, Roth, and Coverdell Education Savings Acct.Any balance | 0.20% | $20 | No plan administration fees. Available as Traditional, Roth, and Coverdell Education Savings Acct. |
Sources (3)
- nwfcu.org/checking-savings/iras
- nwfcu.org/checking-savings/savings-clubs
- nwfcu.org/files/nwfcu-deposit-rate-sheet.pdf
All captured Oct 4, 2026
Savings Club
0.05%APY
Club savings account. At account opening, select a date and an account to transfer all funds on deposit to annually.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1 and up$1.00 minimum balance required.$1 and up | 0.05% | $5 | $1.00 minimum balance required. |
Sources (3)
- nwfcu.org/checking-savings/savings-clubs
- nwfcu.org/files/nwfcu-deposit-rate-sheet.pdf
- nwfcu.org/files/truth-savings-disclosure.pdf
All captured Oct 4, 2026
Who can join Northwest Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees, members, and volunteers of over 600 partner businesses and community organizations nationwide are eligible for membership.
Military, government and schools
- Employees or members of several federal government agencies are eligible for membership.
Family and household
- Immediate family members (spouse, children, siblings, parents, grandparents) and household members (sharing residence and living expenses) of eligible members are eligible to join.
Cost to join
- Membership requires opening a primary savings account.
Membership information collected October 4, 2026.