PenFed Credit Union IRA Certificate Review
PenFed Credit Union is a credit union based in Alexandria, VA. It was founded in 1935 and offers banking services in 50 states (and Washington, DC).
Is PenFed Credit Union IRA Certificate insured by the FDIC?
PenFed Credit Union IRA Certificate is not a member of the Federal Deposit Insurance Corporation (FDIC). This means your deposits are not covered by the FDIC if PenFed Credit Union IRA Certificate were to fall into financial difficulties.
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 2.35% and ranging up to 3% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.
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
||2.35% - 3%
What are the account minimums for PenFed Credit Union IRA Certificate?
PenFed Credit Union IRA Certificate requires a minimum initial deposit of $1,000 to open an account.
What fees 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
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