Author Topic: Pentagon Federal CU Raises Long Term CD Rates  (Read 2016 times)

Another Reader

  • Walrus Stache
  • *******
  • Posts: 5327
Pentagon Federal CU Raises Long Term CD Rates
« on: December 01, 2013, 12:59:01 PM »
Thinking about laddering CD's?  Pentagon FCU just raised 5 and 7 year CD rates to 3 percent nominal, 3.04 APY.  The penalty for early withdrawal is 365 days of interest or all of the interest on accounts less than a year old.  That interest rate is about the same as the guaranteed interest accounts offered by the insurance company 401 (k)/403 (b)/457 plan providers, but with deposit insurance.  Pricing is subject to change, but at Pentagon it is usually good for the entire month.

vern

  • Pencil Stache
  • ****
  • Posts: 592
Re: Pentagon Federal CU Raises Long Term CD Rates
« Reply #1 on: December 01, 2013, 10:04:59 PM »
Thanks for the heads up!