At a time the 1-year US Treasury note is only paying 0.47%, PenFed is paying nearly four times that for certificates with a 1-year term.
as of 5/1/09
For more rates and terms, see
Your 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. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.