Pentagon FCU (PenFed) CD Rates

Pentagon Federal Credit Union continued its practice of raising certificate rates before the start of the new year. Unfortunately, the new higher rates aren’t as good as previous years even when factoring in the new rate environment. The highest yield currently available is 5.25% APY, but this requires a 7-year term. The 5-year term has a yield of 5.00% APY which is just 5 basis points higher than the previous 4.95% APY. The rates for the shorter terms didn’t change.

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