PenFedCD Rates Pentagon Federal Credit Union

The latest CD rates with NCUA insurance from PenFed: Pentagon Federal Credit Union.

You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

==>"PenFed CU Money Market Certificates" <==   

as of  7/3/12 website

Term	Dividend	APY
6 Month	0.400%	0.40%**
1-Year	0.90%	0.90%
2-Year	0.99%	0.99%
3-Year	1.24%	1.25%
4-Year	1.63%	1.64%
5-Year	1.88%	1.90%
7-Year	2.37%	2.40%

Minimum investment is $1,000. 

Current PenFed CD Rates

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey
  
  
• Highest CD Rate Survey by Term
  
  
• Make sure you read the article: Beware of Annuities

 

PenFedCD Rates Pentagon Federal Credit Union

The latest CD rates with NCUA insurance from PenFed: Pentagon Federal Credit Union.

You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

==>"PenFed CU Money Market Certificates" <==
as of 7/9/10 website

Term		APY
6-Month		0.90%**
1-Year		1.31%
2-Year		1.25%
3-Year		2.25%
4-Year		2.76%
5-Year		3.00%
7-Year		3.51%

Current PenFed CD Rates

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey
  
  
• Highest CD Rate Survey by Term
  
  
• Make sure you read the article: Beware of Annuities

PenFed: Pentagon Federal Credit Union CD Rates

The latest CD rates with NCUA insurance from PenFed: Pentagon Federal Credit Union.

You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

==>"PenFed CU Money Market Certificates" <==
as of 3/8/10 website

Term	APY
6-Month	1.00%**
1-Year	1.25%
2-Year	1.75%
3-Year	3.00%
4-Year	3.25%
5-Year	3.50%
7-Year	3.75%

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey
  
  
• Highest CD Rate Survey by Term
  
  
• Make sure you read the article: Beware of Annuities

PenFed: Pentagon Federal CD Rates

The latest CD rates with NCUA insurance from PenFed: Pentagon Federal Credit Union.

You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

==>"PenFed CU Money Market Certificates" <==
as of 2/1/10 website

Term	APY
6-Month	1.00%**
1-Year	1.25%
2-Year	1.75%
3-Year	3.00%
4-Year	3.25%
5-Year	3.50%
7-Year	3.75%

Top Rate Surveys:

• CD Rates at Largest US Banks
  
  
• Best Savings Account Rate Survey
  
  
• Highest CD Rate Survey by Term
  
  
• Make sure you read the article: Beware of Annuities

PenFed CD Rates Pentagon Federal Credit Union

4% CD Rates at PenFedCU Pentagon Federal Credit Union

PenFed CU, or Pentagon Federal Credit Union, is paying 4.0% on five and seven year NCUA insured certificates of deposit.

At a time the 1-year US Treasury note is only paying 0.47%, PenFed is paying nearly four times that for certificates with a 1-year term.

==> " Pentagon Federal Money Market Certificates " <==
as of 5/1/09

Term   APY

6-Month 1.75%
1-Year  2.00%
2-Year  2.25%
3-Year  3.50%
4-Year  3.75%
5-Year  4.00%
7-Year  4.00%

More information at Pentagon Federal Credit Union

For more rates and terms, see

• Very Best CD Rates with FDIC
  
  
• US Treasury Rates at a glance

Congress has temporarily increased NCUA share insurance from $100,000 to $250,000 per depositor through December 31, 2009.

Your Pentagon Federal Credit Union deposits are insured to at least $250,000 and backed by the full faith and credit of the United States government. National Credit Union Administration, a U.S. Government agency. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

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 Rate	APY
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

Pentagon Federal Credit Union (PenFed) Offers 5.25% CDs

Pentagon Federal Credit Union (PenFed) has announced its new CD rates. The highest CD pays 5.25% for a 7-year term with a $1,000 minimum deposit. Their 6-month CD only pays 3.85%. PenFed calls their CDs "Money Market Certificates." Get a full list of PenFed rates and terms here.

• Note, for shorter term CDs, I like the 5.05% APY 5-month CD offered by Wachovia Bank.

Features of PenFed CDs:

Automatic Renewal:

Your certificate will automatically renew at maturity unless you change your options via online banking. You can also call or write with other instructions.

Dividend Options for Your Money Market Certificate

You choose whether your certificate dividends are paid monthly or at maturity. You can also choose from the following dividend payment options:

1. Add your dividends to the certificate
2. Transfer them to your Regular Share, Checking, or Money Market Savings Account (MMSA)
3. Have them sent to you in the form of a check

If you choose option 1 above, then you may select any of the three options listed below for the payment of dividends at certificate maturity. However, if you select option 2 or 3 above, then your last dividend payment at certificate maturity will occur in the same manner as the payment of principal you select below.

In the case of 1-, 2-, 3-, 4-, 5- and 7-Year Certificates, choosing option 1 above produces a higher yield, as dividends will compound on the dividends paid into the certificate.

Three options also exist for the payment of principal at certificate maturity

1. Use the principal to automatically renew the certificate
2. Have it transferred to your Pentagon Federal Regular Share, checking account, or Money Market Savings Account
3. Have it sent to you by check

Locked-in Rates: Once you purchase a Pentagon Federal Money Market Certificate, the rate is locked in for the term of your certificate. The 6-Month Certificate earns dividends on a simple interest basis, while the dividends on all other certificates are compounded daily, giving you maximum returns.

PenFed says: "Your savings insured to $100,000 by the National Credit Union Administration (NCUA), an agency of the U.S. Government. Traditional and Roth IRAs (Individual Retirement Accounts) are insured to $250,000 by the NCUA. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.Rates are current as of December 2007 unless otherwise noted and are subject to change. "

You need to join PenFed to get their great rates. If you are not already a member of a eligible organization, you can get the rates by joining "The National Military Family Association" (NMFA), a leading non-profit advocacy organization for military families. NMFA's membership is open to anyone who supports their important work on behalf of military families. One of the benefits of membership in NMFA is that being a member makes you eligible to join Pentagon Federal Credit Union.

Get a full list of PenFed rates and terms plus information on how to join here.

• Article: How to Get the Best CD Rates
  
• Article: Beware of Annuities