Our returns are some of the best in the nation, and for savvy savers looking for the best deal, you could not ask for a stronger incentive.
Alexandria, Va (PRWEB) November 15, 2012
Are you shopping around for a credit union that is not only safe and trusted, but one that will give you superior Money Market Certificate returns on your hard earned money?
Now at PenFed (Pentagon Federal Credit Union), members can enjoy both stability and security on their financial investments, and get in on some of the best returns of the year when they open a 1-, 2-, or 3-year Money Market Certificate with the credit union.
Compared to the National Average** (0.29% APY on 1-year, 0.46% APY on 2-year, and 0.58% APY on 3-year certificates), PenFed is currently offering a 1.26% APY on their 1-year, a 1.36% APY on 2-year, and a 1.61% APY on their 3-year Money Market Certificates.
A minimum $1,000 investment is all that is required to open a Money Market Certificate; and PenFed members will enjoy these benefits:
- Dividends compounded daily and paid monthly for maximum returns
- Automatic renewal available
- Dividend and maturity options available
“Right now our Money Market Certificates are a great investment opportunity that should not be passed by,” said Steve Troxel, Marketing Director, PenFed. “Our returns are some of the best in the nation, and for savvy savers looking for the best deal, you could not ask for a stronger incentive.”
It’s easy to invest in a Money Market Certificate with the credit union. Accounts can be opened online or with a representative, seven days a week. For more information about PenFed and learn how to become a member, call 800-247-5626 or visit PenFed.org.
About PenFed (Pentagon Federal Credit Union)
Established in 1935, PenFed is one of the largest credit unions in the United States with over a million members and more than $15 billion in assets. PenFed provides an extensive selection of financial products to its members worldwide. Its core membership includes the Department of Defense, Army, Marine Corps, Navy, Air Force, and Coast Guard; Department of Homeland Security personnel, employees or volunteers of the American Red Cross, numerous military associations, and many others. PenFed is federally insured by the National Credit Union Administration and is an equal housing lender.
Disclosures: Rate and offers current as of November 2012 and are subject to change. * Early Redemption Penalties: A penalty will be imposed for early withdrawal. This will reduce earnings on the account. Certificates having a term greater than 6 months up to and including 4 years: If redeemed within 180 days of the issue date or any renewal date, all dividends will be forfeited. If redeemed thereafter, but before the maturity date, dividends for the most recent 180 days will be forfeited. **Courtesy Bankrate.com as of 11/07/12. APY = Annual Percentage Yield.