DRiP Guy
Full time employment: Posting here.
- Joined
- Nov 7, 2006
- Messages
- 548
PenFed rocks. Also got some of that 6.25% CD action myself, and they were fast, friendly, and competent. Have a share account there, and also like their on line site, because it is so darn simple. Just the info. Plain and simple.
And as previously noted, looks like in Jan they knock off their funding pool, and do it by blowing the socks off of everyone else. I'll bet it's win win, because the investor class they end up with via the "unadvertised insider special" is savvy and not going to be skittish and pull out before maturity or otherwise cause them any hassles with the funding pool.
So since they have stability and no muss, fuss, or large customer service worries on our end, the savings get passed on to us in the form of a once-per-year premium-level CD rate.
It's a beautiful thing.
And as previously noted, looks like in Jan they knock off their funding pool, and do it by blowing the socks off of everyone else. I'll bet it's win win, because the investor class they end up with via the "unadvertised insider special" is savvy and not going to be skittish and pull out before maturity or otherwise cause them any hassles with the funding pool.
So since they have stability and no muss, fuss, or large customer service worries on our end, the savings get passed on to us in the form of a once-per-year premium-level CD rate.
It's a beautiful thing.