Tuesday, July 8, 2008

PenFed CU: Pentagon Federal Credit Union Rates

The top rates at Pentagon Federal Credit Union (PenFed CU) is 4.60%. Here is a list of rates and terms:
Term Dividend
6-Month 2.74% 2.75%
1-Year 2.95% 2.99%
2-Year 3.20% 3.25%
3-Year 3.93% 4.01%
4-Year 3.93% 4.01%
5-Year 4.50% 4.60%
7-Year 4.50% 4.60%

PenFed CU "Money Market Certificates" are the same as CDs except they are backed by the NCUA (See below) instead of the FDIC.

  • $1,000 minimum deposit
  • Rates are accurate as of 7/8/2008
  • APY = Annual Percentage Yield

NCUA: National Credit Union Administration, a U.S. Government agency. Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. Traditional and Roth IRAs (Individual Retirement Accounts) are insured to at least $250,000. The National Credit Union Administration is a U.S. Government agency.

Rates are current as of July 2008 unless otherwise noted and are subject to change.

More Info ==> Pentagon Federal Credit Union

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