PenFed CD Rates

Pentagon Federal Credit Union (PenFed) is advertising their Money Market Certificates that currently have some of the best dividend rates (CD rates) available. Money Market CDs have terms ranging from 6 months to 72 months.

For shorter term certificates of deposit rates, PenFed’s current 6 month money market CD rate is one of the highest CD rates available right now. The current 6 month CD rate and CD yield is 1.06 percent. That rate is also higher than the current national average 6 month CD rate of 0.715 percent.

Money Market Certificates from PenFed

• 6-Month CD 1.06% APY
• 1-Year CD 1.34% APY
• 2-Year CD 1.85% APY
• 3-Year CD 2.50% APY
• 4-Year CD 2.76% APY
• 5-Year CD 3.00% APY
• 7-Year CD 3.51% APY

PenFed was federally chartered in 1935 and has over $13 billion in assets. You will have to join PenFed to open a certificate of deposit account. CD accounts are insured for up to $250,000 by the National Credit Union Administration (NCUA). For more information on joining PenFed and a list of current CD rates go to penfed.org.