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PenFed Credit Union IRA Certificate

in CD Accounts from PenFed Credit Union

Unaffiliated

PenFed Credit Union IRA Certificate

Unaffiliated

in CD Accounts from PenFed Credit Union

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Highlights
Minimum Deposit	$1,000
APY (Annual Percentage Yield)	1% - 1.25%
Deposit Term	12 months 2 years 3 years 4 years 5 years 7 years

PenFed Credit Union IRA Certificate Review

PenFed Credit Union IRA Certificate is offered by PenFed Credit Union, a credit union founded in 1935 and based in Alexandria, VA. PenFed Credit Union IRA Certificate is available in 50 states (and Washington, DC).

Are cd accounts from PenFed Credit Union federally insured?

Yes, your PenFed Credit Union cd accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does PenFed Credit Union offer?

What APY does PenFed Credit Union offer on its CDs?

PenFed Credit Union IRA Certificate offers an APY starting at 1% and ranging up to 1.25% (APY stands for annual percentage yield, rates may change).

What types of terms does PenFed Credit Union IRA Certificate offer?

PenFed Credit Union offers CD terms of the following lengths:

PenFed Credit Union IRA Certificate Rates & Terms
Description
APY (Annual Percentage Yield)	1% - 1.25%
APY Type	Fixed APY
3-Month APY	N/A
6-Month APY	N/A
11-Month APY	N/A
12-Month APY	1%
2-Year APY	1%
3-Year APY	1.05%
4-Year APY	1.05%
5-Year APY	1.15%
7-Year APY	1.25%

What is the minimum deposit to open a CD account with PenFed Credit Union?

PenFed Credit Union IRA Certificate requires a minimum initial deposit of $1,000 to open an account.

What types of early withdrawal penalties does PenFed Credit Union IRA Certificate charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

PenFed Credit Union does not charge an early withdrawal fee.

PenFed Credit Union IRA Certificate Fees
Description
Annual Fee	N/A
Transfer Fee	N/A
Rollover Fee	N/A
Early Withdrawal Fee Amount	N/A

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