 Home: VeryBestCdRates - Credit Unions - PenFed: Pentagon Federal
==> Highest APY CDs with FDIC <== |
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PenFed CD Rates ==> " PenFed: Pentagon Federal Credit Union Best CD Rates " <== |
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Current CD rates and terms at Pentagon Federal Credit Union. You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey"
and bring it in with you. Print out some of the advertisement of rates
advertised on your bank's competing web sites so you have proof.
Contact information
Bottom line: It never hurts to ask the teller if better rates are available when you do your homework! |
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PenFed CU Contact Information
Pentagon Federal Credit
Union deposits are insured to at least $250,000 and backed by the full
faith and credit of the United States government. National Credit Union
Administration, a U.S. Government agency.
Congress has temporarily increased NCUA share insurance from $100,000 to $250,000 per depositor through December 31, 2009. |
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Money Market Certificates: You choose whether your certificate dividends are paid monthly or at maturity. You can also choose from the following dividend payment options:
If you choose option 1 above, then you may select any of the three options listed below for the payment of dividends at certificate maturity. However, if you select option 2 or 3 above, then your last dividend payment at certificate maturity will occur in the same manner as the payment of principal you select below. In the case of 1-, 2-, 3-, 4-, 5- and 7-Year Certificates, choosing option 1 above produces a higher yield, as dividends will compound on the dividends paid into the certificate. Three options also exist for the payment of principal at certificate maturity:
The choice is yours. |
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It costs money to get new accounts so
Banks often give you a deal if you are ready to walk out the door with
a chashier's check after you close your CD. Definition: A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest. Often there is a penalty for early withdrawal (taking your money out before the specified period of time.) A Pentagon Federal Money Market Certificate means high yields and security. Your savings are federally insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the U.S. government. You can extend this coverage even further by various combinations of account ownership. Speak to a member service representative for details, or request a copy of the "Your Insured Funds" brochure. Disclaimer: Annual Percentage Yield (APY) is accurate as of the day listed and may change without notice. Contact the credit Union directly to get current rates, fees and terms. Fees may reduce earnings. Penalty may be imposed for early withdrawal. |
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Article: How to Get the Best CD Rates
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