Credit union · NCUA insured
PenFed Credit Union CD Rates
Top CarrotPenFed Credit Union’s best CD rate is 3.50% APY on a 5-year share certificate (CD). Terms run from 6 months to 7 years. Rates checked October 22, 2026.
How PenFed Credit Union’s CD rates compare
Compared with banks and credit unions near Washington, DC-VA-MD-WV, where PenFed Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
PenFed Credit Union
3.50%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $1,877
Money Market Certificates
Top rate
Tower Federal Credit Union
5.20%APY
- Term
- 24 months
- Minimum
- $500
- Earns on $10,000
- $1,067
2nd-highest rate
Apple FCU
5.00%APY
- Term
- 70 months
- Minimum
- $500
- Earns on $10,000
- $3,292
PenFed Credit Union CD score
75
CD score
Higher than 38% of U.S. banks and credit unions
- 3–8 months3–8 mo2.70%
- 9–15 months9–15 mo3.20%
- 16–30 months16–30 mo3.40%
- 31–60 months31–60 mo3.50%
- QualifiedQualified3.50%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where PenFed Credit Union ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Certificates
Up to 3.50%APY · 9 terms
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsEarly withdrawal penalty applies. 6 Month certificates earn dividends on simple interest basis | 2.70% | $134 |
| 12 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.20% | $320 |
| 15 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.20% | $402 |
| 18 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.20% | $484 |
| 24 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.40% | $692 |
| 36 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.40% | $1,055 |
| 48 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.40% | $1,431 |
| 60 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.50% | $1,877 |
| 84 monthsEarly withdrawal penalty applies. Dividends compound daily | 3.50% | $2,723 |
Sources (3)
All captured Oct 15, 2026
Special-purpose accounts
IRA Certificates
Up to 3.40%APY · 6 terms
Available as Traditional, Roth, and SEP IRAs. Federally insured to a total of $250,000 across all PenFed IRA products by NCUA. Minimum balance to open is $1,000. Fixed rate for certificate term; dividends compound daily and credited monthly. Early redemption penalties apply (exceptions for age 59 1/2+ partial withdrawals, RMDs, death, disability). For Puerto Rico members, earnings must be eligible under US tax code.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 3.10% | $310 |
| 24 months | 3.30% | $671 |
| 36 months | 3.30% | $1,023 |
| 48 months | 3.30% | $1,387 |
| 60 months | 3.40% | $1,820 |
| 84 months | 3.40% | $2,637 |
Sources (4)
All captured Oct 15, 2026
Who can join PenFed Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Membership is open to everyone nationwide.
Membership information collected October 4, 2026.