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Major World Market Graphs at a Glance Pentagon Federal Credit Union CD Rates
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A survey of current rates and terms at Pentagon Federal Credit Union, or PefFed CU CDs.  PenFed calls these "Money Market Certificates."  View our latest survey of the APY interest rates paid for certificates of deposit by term for the major and minor banks and credit unions that includes but is not limited to: Citibank, BofA, Chase, Wachovia, Taunus, Wells Fargo, HSBC, US Bancorp, Suntrust, ABN, Citizens Financial, Capital One, National City, PenFed, World Savings, Countrywide,  and many more.

==>  " Pentagon Federal Money Market Certificates "   <==  as of 12/11/08
More PenFed Info & Latest Rates

Term Dividend
6-Month 2.41% 2.42%
1-Year 2.58% 2.61%
2-Year 2.80% 2.84%
3-Year 4.64% 4.75%
4-Year 4.64% 4.75%
5-Year 4.64% 4.75%
7-Year 4.64% 4.75%

Article: Beware of Annuities

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.)

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