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I have to say I am have been very impressed with Penfed CU since I opened a 3 year 6.25% CD APY with them.Going from Bank or America to them is like going from night to day....If this is how all CU's operate I might never go back to a bank again.

I would recommend them to anyone,never mind the amazing rate,but the customer service alone is worth it.

Message edited by: jack07002 on 2007-01-14 23:53:06 CST
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jack07002 said:I have to say I am have been very impressed with Penfed CU since I opened a 3 year 6.25% CD APY with them.Going from Bank or America to them is like going from night to day....If this is how all CU's operate I might never go back to a bank again.

I would recommend them to anyone,never mind the amazing rate,but the customer service alone is worth it.


You are so right. I had occasion to call them a number of times setting up two separate transactions. Each time I called, everyone I talked to was pleasant, & always answered my questions knowledgeably, either right away, or after seeking more info, a few moments later. Their 'customer service' definitely deserves a nod compared to the misinformation you get from the 'c s' at many other institutions. Their 6.25% cd, too.


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I also want to share my experience w/ PenFed. I've had accounts with them since 2005 (back when 5yr 5% cd was a good deal!), these guys provide top notch service and most importantly 24x7 GOOD & FRIENDLY customer service. There have been about 3-4 times since I've opened the accounts, including a couple late night calls, all of them were handled professionally by their staff. It's as if they are actually happy working there. I couldn't believe it.

anyways, a BIG thumb-up to PenFed, regardless of their rate! (of course.. the 6.25% makes it GREAT!)

followthemoney said:jack07002 said:I have to say I am have been very impressed with Penfed CU since I opened a 3 year 6.25% CD APY with them.Going from Bank or America to them is like going from night to day....If this is how all CU's operate I might never go back to a bank again.

I would recommend them to anyone,never mind the amazing rate,but the customer service alone is worth it.


You are so right. I had occasion to call them a number of times setting up two separate transactions. Each time I called, everyone I talked to was pleasant, & always answered my questions knowledgeably, either right away, or after seeking more info, a few moments later. Their 'customer service' definitely deserves a nod compared to the misinformation you get from the 'c s' at many other institutions. Their 6.25% cd, too.


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Why not discuss how good PenFed is in the CD discussion thread?
CD Discussion Thread


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Georgia B & M only:

5.80 9-month CD

Metro City Bank

Link - the info is not on the website,
This is advertised in local asian paper but open to any walk-in.

770-455-4989

5441 Buford Hwy, suite 109, Doraville, GA 30340

Message edited by: ivanivanix on 2007-01-18 09:11:24 CST
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5 month World savings CD gone
replaced by 10 month CD - same rate 5.45% APY
updated summary

Also checked and updated many(all?) rates at 9 month or less.

Lots of small moves up and down - like .15% or less


I am starting to see a lot of 30 month CDs...should this become a section in the summary, rather than tucked in to the "odd-term" listing?

Message edited by: jensenjp on 2007-01-19 08:27:00 CST
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jensenjp said:


I am starting to see a lot of 30 month CDs...should this become a section in the summary, rather than tucked in to the "odd-term" listing?


I vote yes to a 30 month CD section.

Thank You jensenjp!


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BANKRATE RATING INCORRECT

bankrate continues to rate Marian Miami FCU in Miami , AZ as a "5" with a safety and soundness rating of 1.

This institution has been seized and liquidated by NCUA.


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traderprofit said:BANKRATE RATING INCORRECT

bankrate continues to rate Marian Miami FCU in Miami , AZ as a "5" with a safety and soundness rating of 1.

This institution has been seized and liquidated by NCUA.


\\
I found this story about it:
null

Let's discuss it in the CD discussion thread here:null

Message edited by: boomp on 2007-01-19 19:29:16 CST
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Checked most of the rates lots of small moves up and down by ~.15% or less
I did not get to check every rate listed, but I did update many of the rates.

Also I corrected/moved some of the listing that were out of order(descending APY rate).


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According to BankDeals, Netbank has raised its CD rates. Terms of 1 year to 2 years have an APY of 5.40%. Longer terms have an APY of 5.35%. The minimum deposit is $1,000.

There is also a bonus ranging up to $100 for new accounts. Unfortunately, NetBank currently has a low safe and sound rating at Bankrate.com of 1 out of 5 stars (weak).


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American Bank has a 7 Month CD at 5.70%, Has an online application you can print and this usually means you can do by mail. I sent them a EM asking and will update with answer. As with some past banks specials I would not doubt they will say yes until the FW affect and then they will close to out of State
American Bank

Message edited by: scott1961 on 2007-01-24 11:03:36 CST
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ThursdaysChild said:According to BankDeals, Netbank has raised its CD rates. Terms of 1 year to 2 years have an APY of 5.40%. Longer terms have an APY of 5.35%. The minimum deposit is $1,000.

There is also a bonus ranging up to $100 for new accounts. Unfortunately, NetBank currently has a low safe and sound rating at Bankrate.com of 1 out of 5 stars (weak).


I'd avoid NetBank at any cost. Had some bad experiences with them. their servise and attitude is not even close to a bank.

Message edited by: whateverWorth on 2007-01-24 12:08:36 CST
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I second that comment!

I'd stay away from NetBank....

The customer service I experienced from them was awful!

My CD expires with them soon (fortunately)


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scott1961 said:American Bank has a 7 Month CD at 5.70%, Has an online application you can print and this usually means you can do by mail. I sent them a EM asking and will update with answer. As with some past banks specials I would not doubt they will say yes until the FW affect and then they will close to out of State
American Bank

I did not see this on the weblink on 1-24... any update?


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Don't forget penfed's 6.25% rates end 1/31, better get them while they are there. Rumor mill says they go to 6.00% in feb.... Of course they might go even lower who knows...


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>>UP
E*Trade 1y CD @ 5.40% APY


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Found a great rate in Madison, WI and called my local bank (live 20 miles away) and the local bank matched Madison rate! Saved time and gas. Guess it pays to ask!


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Can't find where it said it. But how do I join PenFed I would like to open a cd for there 6.25 . I have about 20,000. to put in, is that the best I can get?


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Bridgeview Bank (Chicago, IL) just announced today a Chicago Bears Super Bowl Special 5 month CD @ 5.50%, min $2500 good thru this Sat. Feb 3. Don't know if this is local only, 1-800-794-2070 for rate info.


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