Regular Savings Account
OPEN NOW

Not a problem, anyone can join. Apply now and we'll create your membership during this application.

open a regular savings account

Regular Savings


To save is to build. With a PenFed Regular Savings Account, you establish your part ownership in PenFed, shaping our future alongside your own.

OPEN NOW

Not a problem, anyone can join. Apply now and we'll create your membership during this application.

WHY PENFED REGULAR SAVINGS?

As a member-owned nonprofit, our growth is tied directly to yours. That’s why PenFed wants to ensure our members receive superior service and savings. The Regular Savings Account is a simple, straightforward savings account with a competitive APY and a great way to establish ownership. A $5 deposit is all it takes to become a PenFed member. Let’s grow together.


RATES

% Annual Percentage Yield (APY)

Earn dividends on all account balances

Features & Benefits

  • Establishes PenFed membership
  • Easily transfer funds to your accounts
  • Earn dividends on the entire balance
  • Dividends compounded & credited monthly
  • Savings are federally insured
OPEN NOW

Not a problem, anyone can join. Apply now and we'll create your membership during this application.


QUESTIONS?
Give us a call or visit a branch today!

CALL US: (800) 247-5626
Find a Branch »

Disclosures Print Icon Print

APY (Annual Percentage Yield) is accurate as of and is subject to change at any time. Fees may reduce earnings.

To open a membership Regular Savings Account online you must agree to electronic delivery of account opening disclosures and monthly statements.

 

FEATURED BENEFITS

 

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Establishes PenFed Membership

Make a $5 deposit to your savings account and establish yourself as a PenFed member. We are member-owned, so when you open the account, you’re really buying a stake in the credit union—but you’re not buying. You’re saving.

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Easy Funds Transfer

It’s your money. Have access to it when you need it. We make it easy to save your money now and use it when you need it. 

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ATM access

Access your funds at an ATM with our free ATM card

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Savings Backed by the NCUA

What is PenFed without security? Savings are federally insured up to $250,000 and backed by the full faith and credit of the U.S. Government.

 

Additional Benefits

safety and security

Safety and Security

PenFed knows defense. Our first duty always is to protect our members.

 

easy to enroll

Easy to Enroll

Just $5 is all it takes to start building your savings and your future.

Excellent service

Excellent Service

PenFed was founded for our defense community and those that support them, so we know a thing or two about service.

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