Features
PREMIUM ONLINE SAVINGS
Earn % APY* on your savings.
*Annual Percentage Yield
Put more money back into your pocket!
As a not-for-profit, we're able to offer higher yields and fulfill our promise of giving back to our members.
You can establish your PenFed membership with a Premium Online Savings Account.
Setup recurring transfers from your account without paying annoying transfer fees.
Your account is Federally
insured by the NCUA to at least $250,000.
APY (Annual Percentage Yield) is accurate as of and is subject to change at any time. Fees may reduce earnings.
Premium Online Savings account holders must agree to electronic delivery of account opening disclosures and monthly statements.
1The rate for our Premium Online Savings Account is the national average of
% APY, based on the national average of savings accounts rates published in the FDIC Weekly National Rates and Rate Caps accurate as of
.
You will need your social security number to open an account. You can add a joint owner and up to two beneficiaries during the account opening. If you would like to have a joint owner, you will need your joint owner to enter their social security number and other personal details.
Click “Open Now” at the top of this page to get started.
Enter your account and routing numbers for your account at another financial institution to fund your new PenFed account.