Best Military Banks and Credit Unions
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These military-focused financial institutions scored four stars or better in our ratings. They offer a combination of account options, competitive rates and low fees — as well as flexibility for families who face frequent moves or deployments. If you’re affiliated with the military, consider one of these financial institutions as your next place to bank.
Why you can trust NerdWallet: Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our coverage to help you choose the financial accounts that work best for you. See our criteria for evaluating banks and credit unions.
» Other options: Though we didn’t consider them for this list, many national, regional and online banks have low fees and rates that are competitive with these institutions. Check out our other top bank and credit union picks here.
Best military banks and credit unions of 2024
Navy Federal Credit Union.
Pentagon Federal Credit Union.
Service Credit Union.
USAA.
Best Military Banks and Credit Unions
Savings info for best military banks and credit unions
Financial institution | Rate on savings | Minimum deposit to open |
---|---|---|
Navy Federal Credit Union | 0.25%. | $5. |
Pentagon Federal Credit Union | 3.00%. | $5. |
Service Credit Union | 4.00% APY on first $500, and 0.25% on funds above that amount. | $5. |
USAA Bank | 0.01%. | $25. |
Last updated on March 18, 2024