PENFEDCredit Union
Latest PenFed Credit Union Interest Rates - September 2026
Pentagon Federal Credit Union (PENFED)
1-Year CD: 2.9% Mortgage APR: 6.38% Prime Rate: 6.75%
Interest Rate Summary
PenFed Credit Union Interest Rates & Retail Products Overview
Quick Summary: Official interest rates, deposit yields, and consumer credit products published by PenFed Credit Union (PENFED) across the United States:
Key Benchmark & Deposit Solutions:
- Reference Prime Rate: Standing at 6.75%, indexing variable-rate card purchase APRs, personal credit lines, and home equity products.
- Savings & Money Market Certificates: The PenFed Premium Online Savings account yields 2.70% APY on all balance tiers with no monthly account maintenance fees. Fixed-rate Money Market Certificates offer competitive yields of 2.70% APY (6-month) and 2.90% APY across 12-month, 15-month, 18-month, and 2-to-7-year terms for a $1,000 minimum opening deposit.
Consumer Loans & Retail Financing:
- Mortgage Loans: Standard 30-Year Fixed conventional home purchase loans start at 6.375% (approx. 6.560% APR), alongside 15-Year Fixed and VA Loans (starting around 5.875%) with repayment terms up to 30 years and zero prepayment penalties.
- Auto Financing: Through the PenFed Car Buying Service / direct auto financing, new car purchase rates start as low as 3.39% APR (36 months) and 3.84% APR (60 months) with terms available up to 72 months (6 years) and up to 125% financing.
- Personal Loans: Fixed-rate unsecured personal installment loans feature APRs starting from 6.09% to 17.99% (including a 0.25% AutoPay discount) for borrowing amounts up to $50,000 with repayment terms up to 60 months and zero origination or prepayment fees.
- Credit Cards: Mainstream consumer cards (such as the PenFed Power Cash Rewards Visa Signature® and PenFed Gold Card) offer a 15-month 0% intro purchase APR followed by a variable purchase APR starting at 17.99% with a 25-day grace period.
💡 Financial Tip: Membership is open to all U.S. residents through an initial deposit into a PenFed Regular Share Savings account ($5 minimum). Review exact personalized rates directly on PenFed.org before applying.
CD & Savings Interest Rates - PENFED
Unit: %/year| Term / Maturity | Branch APY | Online / Digital APY 📱 |
|---|---|---|
| Standard Savings | 2.7% | 2.7% |
| 1 Month | - | 0% |
| 3 Months | - | 0% |
| 6 Months | 2.7% | 2.7% |
| 12 Months (Benchmark ⭐) | 2.9% | 2.9% |
| 24 Months | 2.9% | 2.9% |
| 36 Months | 2.9% | 2.9% |
Featured Loan Products - PENFED
Loan Guide & Terms →mortgagePENFED
6.38% /yr
- • Promo period: 12 months
- • Max loan term: 30 years
- • Max borrowing limit: 80% of value
- • Formula: SOFR + margin
auto loanPENFED
3.39% /yr
- • Max loan term: 6 years
- • Max borrowing limit: 80% of value
personal loanPENFED
6.09% /yr
- • Max loan term: 5 years
student loanPENFED
6.5% /yr
- • Max loan term: 15 years
Advanced Loan Calculator
Calculate Loan Payments for PenFed Credit Union
Simulate monthly principal and interest payments at 6.38%/yr APR for PENFED with detailed amortization schedule and Excel export.
Other Banks in United States
Morgan Stanley Bank (MS)Capital One (COF)Discover Bank (DFS)Fifth Third Bank (FITB)Goldman Sachs (Marcus) (GS)Ally Bank (ALLY)KeyBank (KEY)Navy Federal Credit Union (NFCU)Regions Bank (RF)TD Bank USA (TD_US)Truist Bank (TFC)Citizens Bank (CFG)Huntington National Bank (HBAN)U.S. Bank (USB)M&T Bank (MTB)