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New Higher CD Rates At Penfed Starting Oct 1st

Sunday, September 29, 2013 - 9:43 PMPentagon Federal Credit Union - Details
In today's Los Angeles Times was an ad for PenFed, announcing their new (higher) rates, starting Oct 1st, 2013:

3 year: 1.51 APY

4 year: 1.76 APY

5 year: 2.02 APY

"In effect as of October 1st, 2013"

Looks like there is a $1000 minimum.

Good to see rates going up.

The paper says "Apply Online at: or call 800.247.5626"
saverguy99saverguy992 posts since
Mar 1, 2011
Rep Points: 19
1. Monday, September 30, 2013 - 7:34 AM
Thanks for the info.  I have an account at Penfed and will be looking for a couple of new CDs.  Do you happen to know what the 5 year CD EWPs are?  Thanks!

Just read Ken's article on PenFed.  Don't like that 1 year EWP on 5 year CD.  One never knows when an emergency will hit and I don't like to go over 6 months EWP for 5 years.  I don't think the EWP was that long when I first joined a couple of years ago.
paoli2paoli21,401 posts since
Aug 10, 2011
Rep Points: 6,135