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PenFed CD Rates

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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.
 
Author: Brian McKay
April 28th, 2010