Best CD Rate for January 2007

Posted by Kirk Lindstrom Jan 15, 2007

We discuss the best rates for CD in our Get The Best CD Rate discussion forum. Check there for updates on the best CD rates.

The Pentagon Federal Credit Union is now offering 3, 4, 5 and 7-year money market certificates which have a 6.25% APY with a dividend rate of 6.07%.

There is a $1,000 minimum deposit

More rate info Pentagon Federal Credit Union Rates.

You must be a member of the Pentagon Federal Credit Union to join. They have a long list of questions asking if you belong to any organizations that allow you to join with no fees. If you don't belong to any of those, then it asks if you want to join the "National Military Family Association" (NMFA) for $20 which allows you to purchase the CDs.

You can also call to help determining your eligibility to join at: 1-800-247-5626

Their web site says Your savings insured to $100,000 by the National Credit Union Administration, an agency of the U.S. Government. Effective April 1, 2006, Traditional and Roth IRAs (Individual Retirement Accounts) are insured to $250,000 by the National Credit Union Administration, an agency of the U.S. Government. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

Ask questions about CDs and Annuities in our discussion forum: Get The Best CD Rate

Kirk Lindstrom:

DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.