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Pen Fed not offering CD's ???
Old 12-20-2011, 06:44 AM   #1
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Pen Fed not offering CD's ???

I had a Pen Fed CD that matured recently so I tried to re-invest it this morning. Pen Fed shows "Unavailable%" dividend rate for all certificates, 6 month thru 7-Year. Does that mean they no longer are offering CD's or is this just some sort of temporary situation?

Tom
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Old 12-20-2011, 07:37 AM   #2
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Must have been a temporary website outage. The rates are there now.
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Old 12-20-2011, 02:26 PM   #3
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Must have been a temporary website outage. The rates are there now.
Those 5% CD are looking better and better. If I hadn't found this forum I wouldn't have not have joined Pen Fed and wouldn't have got in on those.
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Old 12-20-2011, 03:07 PM   #4
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Those 5% CD are looking better and better. If I hadn't found this forum I wouldn't have not have joined Pen Fed and wouldn't have got in on those.
+1

My last 5% Penfed CD matures today. It won't be re-invested but will provide 70% of 2012's planned withdrawal.

I wouldn't have a Penfed CC or CD's if it wasn't for this site.
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Old 12-20-2011, 03:22 PM   #5
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Yeah, I heard about PenFed's CD's on this site as well and have yet to purchase one. From the table displayed it will still be a while.
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Old 12-20-2011, 08:39 PM   #6
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Glad I got my last purchase in about a year ago at 5%, 10 year term. Sure hate to see my 6% one's mature next month.
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Old 12-20-2011, 08:50 PM   #7
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Must have been a temporary website outage. The rates are there now.
Wow, those are some sweet rates..........
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Old 12-20-2011, 09:00 PM   #8
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yup
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Old 12-21-2011, 06:15 AM   #9
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Later in the day I checked and the rates are displayed. They aren't great but the best I can find. It would definitely be nice to see a special rate for a 10 yr. CD but I doubt that will happen.
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Old 12-21-2011, 08:35 AM   #10
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CDs are a bank's way of saying: "We want your money. so we'll pay as little as we can while we loan your money out to others at a 500bp spread........
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