Posted byon October 22, 2009
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I recently highlighted our mortgage refinance with Pentagon Federal Credit Union. A reader, Vic, wanted to know more about joining the credit union.
Not only do they have some incredibly good mortgage rates, but they also have good balance transfer rates from time to time (which we used on our rental property), and decent car loans if you’re in the market for a used car. Finally, they have CD sales, where they offer fantastic CD rates. However, they go quickly, so you usually need to have your membership established ahead of time.
The best part about Penfed, is that anyone can join. If you don’t qualify for one of the main criteria, you just make a $20 donation to the National Military Family Association. It’s a membership fee that I’ve earned back many times over with all their great products.