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Pentagon Federal Credit Union CD Rates

Pentagon Federal Credit Union increased their certificate of deposit rates. They are federally insured by the NCUA.

Rates are as follows:

1-Year CD 2.95%
2-Year CD 3.25%
3-Year CD 4.01%
4-Year CD 4.01%
5-Year CD 4.60%
7-Year CD 4.60%

The rates are most competitive on the 3-year and longer CDs. PenFed’s NCUA# is 227. They were chartered in 1935 and as of March-2008 they have about $11.9BB in assets. They are quite large for a credit union. Their first quarter profit is a little over $34MM. Pretty Nice.

Here is a link to their site, www.penfed.org

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