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How Pentagon Federal Credit Union compares to top-yielding banks When comparing the best CD interest rates, PenFed CD rates tend to fall in the middle of the pack. Its one-year money market certificate APY currently sits at 0.50 percent while top competitors earn up to 0.80 percent.How do PenFed credit union’s certificates compare?
How PenFed Credit Union’s Certificates Compare PenFed Credit Union’s certificates are competitive with the best CD ratesand are significantly higher than the national averages for CDs, according to data from the FDIC. The credit union’s $1,000 minimum deposit is less than what some of the best online banks and credit unions require.Who can join the Pentagon Federal Credit Union?
This credit union’s membership was originally limited to military and civilian government employees and their families (PenFed is short for Pentagon Federal), but now this Virginia-based credit union has an open national membership charter. Anyone who meets the geographic requirements and deposits at least $5 in a new savings account can join.Does Navy Federal Credit Union offer certificate rates?
At Navy Federal Credit Union, we’re committed to providing our members with the best possible service and most competitive rates—especially our certificate rates. What's the Difference Between a Share Certificate and a CD?