PenFed 12-Month Money Market Certificate
If you prefer credit unions, PenFed is the easy pick. Membership is open to anyone.
Use this page as a benchmark, not as a guaranteed quote or eligibility promise. The price, rate, fee, coverage, or feature set can change with location, customer profile, promotional timing, scope, and provider terms. Compare the current source disclosure before you buy or sign.
FairPrice Guru keeps the benchmark separate from the provider's marketing. A higher price is not automatically unfair when it buys more coverage or a better scope, and a lower headline price is not automatically better when fees, restrictions, or missing features change the real cost.
Price and terms
- APY: 2.90%
- Monthly fee: $0
- Minimum deposit: $1,000
- Term: 12 months
FairPrice score: 74/100
Features
- Credit union (NCUA insured)
- Branches available
- Membership open to all
Pros
- Credit union option
- Branch access
- Easy membership
Cons
- Not the highest APY
- Must join PenFed
Best for
- credit union
- branch access
Official source · Last verified 2026-10-05