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PenFinancial CU 2.91% yield 24 months
July 11, 2018
7:41 pm
superjoe95
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Pays 4% first 4 months then 2.70% thereafter. Total yield is 2.91% for 24 months.

http://trulylocalinvesting.ca/
or
https://www.penfinancial.com/

July 11, 2018
8:09 pm
Bud
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Sorry, this is not a good deal a promo especially with rates up today.

July 12, 2018
5:08 am
Nehpets
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superjoe95 said
Pays 4% first 4 months then 2.70% thereafter. Total yield is 2.91% for 24 months.

http://trulylocalinvesting.ca/
or
https://www.penfinancial.com/  

Superjoe,

Welcome to the Forum! Thank you for sharing that information. I can't recall seeing previous discussions about Pen Financial on here. Have you had experience with them?

Stephen

July 12, 2018
10:09 am
Bud
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Always appreciate a new name

July 19, 2018
10:23 am
superjoe95
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Nehpets said

Superjoe,

Welcome to the Forum! Thank you for sharing that information. I can't recall seeing previous discussions about Pen Financial on here. Have you had experience with them?

Stephen  

Yes. They're a local credit union in the Niagara Region. Good place to deal with.

July 20, 2018
2:39 am
Loonie
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Beats me how financial institutions like this have the nerve to proclaim that they offer "rates that are always in your best interest" when their maximum regular for a five-yr GIC is 2.0% . How can I trust anything else they say?

July 20, 2018
11:48 am
Nehpets
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Loonie said
Beats me how financial institutions like this have the nerve to proclaim that they offer "rates that are always in your best interest" when their maximum regular for a five-yr GIC is 2.0% . How can I trust anything else they say?  

Loonie, you may have missed the fine print underlying their claim: "As far as we're concerned".......... "rates that are always in your best interest"

sf-laugh

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