Pentagon Federal Credit Union Paying 1.25% APY on 12-Month CDs

Pentagon Federal Credit Union, is offering 1.25% APY on CDs for the 12-month term with a minimum deposit requirement of $1,000. For 24 month CDs, the bank pays 1.50% APY.

Members can purchase CDs (PenFed calls them “Money Market Certificates”) online, over the phone or in person at a PenFed branch.