Available to customers across the US, Pentagon Federal Credit Union can help you build a savings plan that works for your schedule. Why settle for average returns when you can have stability, security and fantastic returns on your savings with a PenFed Money Market Certificate starting with rates of 0.85% APY on a 6-Month CD to a high 2.17% APY on an 84-Month CD. There are a range of choices with a low minimum deposit of $1000, and a selection of terms to meet your needs.
Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 1.5 million members and over $21 billion in assets. They serve members in all 50 states and the District of Columbia, as well as on military bases in Guam, Puerto Rico and Okinawa. They are federally insured by NCUA and an equal housing lender. And are available to members worldwide via the web seven days a week. 24 hours a day. PenFed sees every day as an opportunity to help their members “Do Better.” We invite you to learn how PenFed can help you realize your financial goals.
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PenFed Credit Union CD Info:
- Apply Now
- Account Type: Money Market Certificate Account
- APY Rates: 0.85% – 2.17%
- Availability: Nationwide
- CD Lengths: 6 – 84 months
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Opening Deposit: $1000
- Additional Requirements: None
- Early Withdrawal Penalties: A penalty will be imposed if you make a withdrawal of principal prior to the maturity date.
- Renewal Policy: Yes, you will have 10 days after maturity to withdraw or cancel the automatic renewal.
PenFed Credit Union Certificate Terms:
Money Market Certificates:
- 0.85% APY for a 6-Month CD **6 Month certificates earn dividends on simple interest basis. All other certificate dividends are compounded daily.
- 1.31% APY for a 12-Month CD
- 1.41% APY for a 15-Month CD
- 1.51% APY for a 24-Month CD
- 1.76% APY for a 36-Month CD
- 1.81% APY for a 48-Month CD
- 2.12% APY for a 60-Month CD
- 2.17% APY for a 84-Month CD
Other Penfed Certificate’s:
If you are looking to invest with a lower minimum opening deposit, you should consider signing up for PenFed’s Coverdell Education Savings Certificates. This account is available in 1-7 year terms and have a minimum opening deposit of $500.
Coverdell Education Savings Certificates:
1.26% APY for a 1-Year CD
1.46% APY for a 2-Year CD
1.71% APY for a 3-Year CD
1.77% APY for a 4-Year CD
2.07% APY for a 5-Year CD
2.12% APY for a 7-Year CD
Why You Should Apply for This Account:
Extremely Easy to Open an Account: To open an account you must be a U.S. citizen or resident alien that is 18 years or older, you must have a U.S. address, a Social Security number, and a driver’s license or state-issued ID, and you must have a check or bank account number to electronically transfer money into your new account.
Low Minimum Deposit: As long as you open your CD with at least $1,000, you will earn high yield returns.
Competitive Rate: At 2.17% APY, the CD account earns more than the national average. Dividends are compounded daily and paid monthly for maximum returns. Dividend and maturity options available.
NCUA Insured: You can feel confident knowing that your funds are insured up to the maximum amount of $250,000 and backed by the full faith and credit of the United States Government.
Check out Pentagon Federal Credit Union online CD accounts and earn interest rate up to 2.17% APY. With a low opening minimum deposit of $1,000 and no fees, you will definitely get a satisfying return on your investment. Keep in mind that you won’t be able to access your funds once you sign up. This is a great chance to invest in a high-interest CD account from Bank. For investors looking to earn higher returns on longer CDs, you can find more of the Best CD Rates in the country from the HMB list!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
The American Express® Gold Card offers 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months. Terms apply.
• 4X Membership Rewards Points at Restaurants, plus takeout and delivery in the U.S.,
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This card has an annual fee of $250 with no foreign transaction fees (See Rates & Fees).
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