Pentagon Federal Credit Union typically makes rate changes on its CDs at the start of each month. Unfortunately, those changes were rate cuts for March. Below is the list the new PenFed CD rates for terms of 1 to 7 years. I've also listed the old rates in parentheses. These new rates are listed in PenFed's Money Market Certificates page as of 3/2/2012.- 2.50% APY 7-year CD (was 2.76%)
- 2.00% APY 5-year CD (was 2.25%)
- 1.74% APY 4-year CD (was 2.00%)
- 1.25% APY 3-year CD (was 1.50%)
- 0.99% APY 2-year CD (was 1.25%)
- 0.90% APY 1-year CD (was 1.16%)
PenFed calls their CDs...
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