Top CD Rates

[Updated: 3/26/09] I thought I would take a quick moment to update Pentagon Federal Credit Union’s CD Rates. Unlike many banks of the same size they are quite healthy. Their longer-term CDs are the most competitive at this time.

They have a 3-year CD Rate of 3.50% APY. The 4-year CD Rate is 3.75% APY and the 5-year and 7-year CD rates are 4.00% APY.

For more details on PenFed from my previous post check-out Pentagon Federal Credit Union CD Rates. They have a pretty easy membership process.

Updated: 01/15/09

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

Rates are as follows:

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