Pentagon Federal Credit Union 36-month CD Promo at 4.75% APY

Pentagon Federal Credit Union has one of the top CD rates at 4.75% for its 3-year term program. The best CD rate also applies to 4, 5, and 7-year specials. The certificates can be availed with a minimum deposit of $1000. They come regular CDs or as IRA or Coverdell Education Savings Certificate.

PenFed makes it easy for anyone to join if they are not eligible based on employment, family, or military background. Interested parties may sign up for National Military Family Association or NMFA. The NMFA collects an annual membership fee of $20. Signing up for the PenFed or NMFA can be done online.

BauerFinancial gave Pentagon FCU a 5-star rating for financial soundness based on their September 2008 data. Bankrate.com issued a 4-star review up from the previous 3 stars.

The Pentagon Federal Credit Union is one of the biggest unions in the United States with a declared asset of $12.7 billion and 846549 members.

PenFed has NCUA coverage through Charter #227.

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